38397 Old Stage Rd Delmar, DE 19940
- Commercial real estate
- 2.84 lot acres
Current Use by Public Records
- Big Jakes BBQ / Barbecue Restaurant
Property Details for 38397 Old Stage Rd
- Lot size
- 2.84 lot acres
- Property type
- Commercial real estate
Description
This exceptional 2.84-acre commercial land parcel presents a unique investment opportunity in the thriving Delmar, Delaware business district. Strategically located at the corner of Line Road and Old Stage Road, this property enjoys high visibility and convenient access to Route 13, ensuring excellent exposure to a substantial customer base. The site is ready for immediate development, offering significant potential for a variety of commercial ventures. The asking price for outright purchase is $795,000. Alternatively, a ground lease option is available at a monthly rate of $1,500. This versatile property is situated in Sussex County, Delaware, with the address being 38397 Old Stage Road, Delmar, DE 19940. Its proximity to Delmar's bustling retail and business district makes it an attractive location for businesses seeking high traffic and visibility. The property's size and location make it suitable for a wide range of commercial developments, offering a compelling investment opportunity for both short-term and long-term growth. Detailed site plans and further information are available upon request. Don't miss this chance to secure a prime piece of commercial real estate in a rapidly growing area.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Delmar
- County
- Sussex
- State
- Delaware
- Longitude
- -75.5542805
- Latitude
- 38.4562783
