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    OFF-MARKET
    Commercial real estate

    30007 John J Williams Hwy, Millsboro, DE 19966

    5.38 ac lot
    Property ID
    US17-0192376
    Property summary
    AI-generated overview

    This exceptional 5.38-acre commercial land parcel presents a unique investment opportunity in Millsboro, Delaware. Located on the heavily trafficked Route 24 (John J Williams Highway), this property boasts 400 feet of road frontage, ensuring high visibility and accessibility. The CR-1 zoning allows for a wide range of commercial uses, including but not limited to: animal hospitals, various manufacturing facilities (cabinet, furniture, sheet metal), automotive services (garages, car washes, tire sales), hotels/motels, nursing facilities, schools, and retail establishments (greenhouses, nurseries). A soil evaluation is available, confirming suitability for a full-depth gravity-fed septic system. The property's proximity to the proposed Millsboro bypass further enhances its long-term potential. Interested parties are encouraged to contact Sussex County Planning and Zoning for detailed information regarding specific permitted uses. This prime location and versatile zoning make this a compelling investment for developers and entrepreneurs seeking a strategic foothold in a growing Delaware market. The asking price is $988,000. The address is 30007 John J Williams Hwy, Millsboro, DE 19966.

    Property profile
    Verified
    Property type Commercial real estate
    Lot 5.38 ac (234,353 SF)
    UPID US17-0192376
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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