Technical
Financial
Distress signals
Property profile

34902 Atlantic Ave A Ocean View, DE 19970

FOR LEASE
Land
Property ID
US17-0246534
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Property summary

AI-generated overview

This exceptional 40,000 square foot commercial land parcel is available for lease on Atlantic Avenue in Sussex County. Located on a high-traffic road with excellent visibility, this site offers a build-to-suit opportunity for a single tenant. The property is conveniently situated near other established businesses, creating a thriving commercial environment. Landlord is open to long-term land leases or NNN leases, providing flexibility for tenant build-out. Utilities, including sewer and water, are readily available. The site boasts ample parking for both employees and customers (10 spaces). Existing commercial zoning allows for a variety of uses, including retail, restaurants, and offices. This prime location provides maximum exposure and accessibility, making it ideal for businesses seeking to establish a strong presence in a busy commercial area. Don't miss this chance to secure a prominent location and build your ideal space. Contact us to learn more and schedule a site visit.

Property profile

Verified
Property type Land
UPID US17-0246534

Cap rate & NOI

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

Location

34902 Atlantic Ave, Unit A Ocean View, DE 19970
Ocean View metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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