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    Property profile & analytics

    26850 Lewes Georgetown Hwy Harbeson, DE 19951

    • Commercial real estate
    • 6.00 lot acres
    For Lease
    View listing
    $12 SF/Yr
    Value Estimation
    $2,050,000
    Last Sale
    Mar 29, 2021
    $1,700,000
    Location Intelligence
    Property ID
    US17-0069718
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Delaware Dynamix / Gym

    Property Details for 26850 Lewes Georgetown Hwy

    Lot size
    6.00 lot acres
    Zone code
    CR1
    Property type
    Commercial real estate
    APN
    235-30.00-58.05
    APU
    23530005805

    Description

    This exceptional retail property, located at 26850 Lewes/Georgetown Hwy, offers a unique opportunity for businesses seeking versatile and well-located commercial space. The single-story building, constructed in 2005, totals 19,412 square feet and sits on 6 acres of land. Three units are currently available for lease, providing flexible options ranging from a minimum of 1,250 square feet to a maximum contiguous space of 49,412 square feet. The property boasts 113 parking spaces, ensuring ample convenience for customers and employees. Units are zoned C-1 & CR-1, allowing for a variety of commercial uses. Specific lease terms are available upon request, but one unit offers 4,686 square feet at $16.00 per square foot with a CAM fee of $2.50 per square foot. Another unit offers flexible space from 1,250 to 3,000 square feet at $16.00 per square foot with a CAM fee of $2.50 per square foot. This prime location offers excellent visibility and convenient access, making it an ideal choice for businesses seeking a thriving commercial environment. Pre-leasing is available for occupancy beginning October.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $2,150,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,875,000
      6.5%
      $1,770,000
      7%
      $1,765,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,750,000
      Geo Method
      $1,850,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,655,000
      Retail
      $1,740,000
      Mixed-Use
      $1,610,000
      Hospitality
      $1,475,000
      Educational
      $1,735,000
      Residential Income
      $1,685,000
      Energy
      $1,885,000
      Income-Based Land
      $1,910,000
      Food Service
      $1,745,000

    Location Insight

    • Map
    • Local Demand
    City
    Harbeson
    County
    Sussex
    State
    Delaware
    Longitude
    -75.2709
    Latitude
    38.7265
    CBSA code
    41540
    CBSA name
    SALISBURY, MD-DE METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $2,481
    $15,000
    $45,000
    $60,000
    -
    $30,000
    $90,000
    $120,000

    Comparable in this City

    • Value Estimation
      $250,000
      5.00 Acres

      Harbeson, DE 19951

      COMMERCIAL (GENERAL) • 5.00 Acres
      Harbeson, DE 19951
      View Details
    • Value Estimation by Request
      2.78 Acres

      26609 Lewes Georgetown Hwy

      COMMERCIAL (GENERAL) • 2.78 Acres
      26609 Lewes Georgetown Hwy, Harbeson, DE 19951-2862
      View Details
    • Value Estimation by Request
      0.70 Acres

      26451 Lewes Georgetown Hwy

      COMMERCIAL (GENERAL) • 0.70 Acres
      26451 Lewes Georgetown Hwy, Harbeson, DE 19951-2860
      View Details
    • Value Estimation by Request
      1.03 Acres

      26804 Lewes Georgetown Hwy

      COMMERCIAL (GENERAL) • 1.03 Acres
      26804 Lewes Georgetown Hwy, Harbeson, DE 19951-2856
      View Details
    • Value Estimation
      $120,000
      3.22 Acres

      26822 Lewes Georgetown Hwy

      COMMERCIAL (GENERAL) • 3.22 Acres
      26822 Lewes Georgetown Hwy, Harbeson, DE 19951-2856
      View Details
    • Value Estimation
      $240,000
      2.67 Acres

      Harbeson, DE 19951

      COMMERCIAL (GENERAL) • 2.67 Acres
      Harbeson, DE 19951
      View Details

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    Similar Nearby for Lease

    • $12 SF/Yr

      Harbeson Industrial Space Available

      Industrial space for rent in Harbeson, Delaware.
      26850 Lewes Georgetown Hwy 3 #5 &, Harbeson, DE 19951
      View Details
    • $12 SF/Yr
      19,412 SF

      Lewes Retail Center: Prime Space Available

      Multiple units, flexible lease options, ample parking.
      26850 Lewes Georgetown Hwy, Harbeson, DE 19951
      View Details
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    Harbeson, DE 19951
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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