Property profile

22967 Lewes Georgetown Hwy Georgetown, DE 19947

OFF-MARKET
Commercial land
Property ID
US17-Q001098
Built 2000
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Property summary

AI-generated overview

This listing is for 5 separate tax parcels (135-16.00-23.00, 135-16.00-23.01, 135-16.00-23.02, 135-16.00-23.03, 135-16.00-23.04) which total 36.32 acres of prime commercial land along the Lewes-Georgetown Hwy (Delaware Rt 9) at the intersection of Steiner Rd. Mix of C-1 and CR-1 zoning and is directly across the road from an existing industrial park. The list of allowed uses is extensive with true commercial zoning and large commercial parcels are in short supply. Enjoy excellent visibility for your business along the over 1,900 feet of frontage along the Lewes-Georgetown Hwy. 2021 average annual daily traffic count per the Delaware Department of Transportation was 15,682 vehicles per day! bikeScore: 25, Somewhat Bikeable walkScore: 14, Car-Dependent

Property profile

Verified
Property type Commercial land
Year built 2000
UPID US17-Q001098

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

22967 Lewes Georgetown Hwy Georgetown, DE 19947
Georgetown metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Blend (final) Blend
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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