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    OFF-MARKET
    Commercial real estate

    32487 Long Neck Rd, Millsboro, DE 19966

    0.68 ac lot
    Property ID
    US17-0109152
    Property summary
    AI-generated overview

    This exceptional 0.68-acre commercial property, located at 32487 Long Neck Rd, Millsboro, Delaware 19966 (APN 234-23.00-305.00), presents a unique investment opportunity. Zoned C-1, this land offers versatile usage potential. The existing 1,000 square foot building, while sold "as is," provides immediate possibilities for office, professional, or other commercial uses. The building currently features two large rooms, a smaller office space, a combined living/dining/kitchen area, a full bathroom, and a Florida room. An additional carpeted attic offers potential for renovation and expansion of living space. Ample parking is available both in the driveway and at the rear of the property. This meticulously maintained property enjoys a prime location on Long Neck Road, near restaurants, a bank, gas station, convenience store, and with close proximity to Route 24 (John J Williams Hwy). The property's strategic location and zoning make it an ideal investment for entrepreneurs and developers seeking a foothold in a thriving commercial area. The asking price is $479,000.

    Property profile
    Verified
    Property type Commercial real estate
    Lot 0.68 ac (29,621 SF)
    APN 234-23.00-305.00
    UPID US17-0109152
    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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