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    OFF-MARKET
    Commercial real estate

    34861 Line Rd, Selbyville, DE 19975

    1,156 SF 2.8 ac lot Built 2022
    Property ID
    US17-0195804
    Property summary
    AI-generated overview

    This exceptional 2.8-acre commercial site presents a rare investment opportunity in Selbyville, Delaware. Located on the highly visible corner of Route 54 and West Line Road, this property boasts unparalleled visibility and accessibility. Its strategic position directly across from Yellowfins Restaurant and a shopping center ensures high traffic volume and excellent exposure. The lot is already cleared and prepared for development, with existing 8-inch sewer hookups in place. Water access is also available, making it ideal for a wide range of commercial projects. Envision a hotel, shopping center, office complex, medical facility, or professional center thriving in this prime location. The property's proximity to the popular beaches of Ocean City, Maryland, and Fenwick Island further enhances its appeal, offering easy access to a large tourist population. The site's size and infrastructure make it ready for immediate development, eliminating significant upfront costs. The seller is offering owner financing, making this an even more attractive proposition for discerning investors. Don't miss this chance to acquire a truly exceptional commercial property in a rapidly growing area. The property is situated conveniently between Route 1 and Route 113, providing easy access to major transportation arteries. This is a unique opportunity to secure a highly desirable commercial site in a prime location.

    Property profile
    Verified
    Property type Commercial real estate
    Year built 2022
    Total area 1,156 SF
    Lot 2.8 ac (121,968 SF)
    UPID US17-0195804
    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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