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    Property profile & analytics

    34902 Atlantic Ave Ocean View, DE 19970

    • Commercial real estate
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US17-0246534
    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

    • Commercial real estate

    Property Details for 34902 Atlantic Ave

    Property type
    Commercial real estate

    Description

    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.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Ocean View
    County
    Sussex
    State
    Delaware
    Longitude
    -75.13296
    Latitude
    38.5509355

    Comparable in this City

    • $8 SF/Yr
      7,341 SF

      Conditioned Warehouse Near Delaware Beaches

      7341 SF conditioned warehouse space, one mile from Route 1.
      30447 Cedar Neck Rd, Ocean View, DE 19970
      View Details
    • Contact for pricing
      1,285 SF

      New Retail Space Available

      New retail building with high-traffic location near the beach.
      31308 Railway Rd, Ocean View, DE 19970
      View Details
    • $22 SF/Yr

      Ocean View Retail/Office Space

      Flexible 2,200 SF space in high-traffic plaza.
      29 Atlantic Ave, Ocean View, DE 19970
      View Details
    • $700 /Mo

      Office Space For Rent

      Small office space suitable for builder or retail business.
      34902 Atlantic Ave, Ocean View, DE 19970
      View Details

    Similar Nearby for Sale

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      Land available in Ocean View, Delaware.
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      Land available for sale.
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      Residential Land Near Bethany Beach

      Half-acre lot near beaches, suitable for rental or family home.
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      Land for Sale

      Land available for sale.
      37530 Oak St, Ocean View, DE 19970
      View Details

    Similar Nearby for Lease

    • $8 SF/Yr
      7,341 SF

      Conditioned Warehouse Near Delaware Beaches

      7341 SF conditioned warehouse space, one mile from Route 1.
      30447 Cedar Neck Rd, Ocean View, DE 19970
      View Details
    • Contact for pricing
      1,285 SF

      New Retail Space Available

      New retail building with high-traffic location near the beach.
      31308 Railway Rd, Ocean View, DE 19970
      View Details
    • $22 SF/Yr

      Ocean View Retail/Office Space

      Flexible 2,200 SF space in high-traffic plaza.
      29 Atlantic Ave, Ocean View, DE 19970
      View Details
    • $700 /Mo

      Office Space For Rent

      Small office space suitable for builder or retail business.
      34902 Atlantic Ave, Ocean View, DE 19970
      View Details
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    34902 Atlantic Ave
    Ocean View, DE 19970
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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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