0 Zoar Rd And Sussex Pne Rd Georgetown, DE 19947
This exceptional 24.55-acre parcel presents a unique investment opportunity in Georgetown, Delaware. Located at the intersection of Zoar Road and Sussex Pines Road, this property boasts a highly desirable TN zoning designation, allowing for a blend of commercial and residential development. Its strategic location offers easy access to Route 113, ensuring convenient north-south commuting. The property is situated within Georgetown's town limits, providing access to municipal water and sewer services. A preliminary, unapproved concept drawing suggests the potential for a 54-lot residential subdivision, although this is for illustrative purposes only and should not be considered a guaranteed outcome. The land's proximity to Delmarva Christian High School across Sussex Pines Road adds further appeal. This versatile property is ideal for developers seeking to capitalize on the growing Georgetown market, offering the potential for a variety of development options. Detailed information, including the preliminary lot plan, is available upon request. The asking price for this significant land holding is $1,850,000. Serious inquiries are encouraged. This is a rare opportunity to acquire a substantial tract of land in a thriving Delaware community. Don't miss out on this chance to shape the future of Georgetown.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.