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Property summary
The property is a commercial building totaling 4,200 square feet, situated on 2 acres, with zoning classified as C-1. It has direct frontage on Sussex Highway (200 feet) and Redden Road (410 feet) along a major north-south corridor, and is positioned to access a signalized four-way intersection for ingress and egress. The building is configured with mirrored sides, supporting use by multiple office businesses, and includes provisions previously used for medical and office operations, including medical/office equipment and furnishings that may remain or be removed depending on the current owner’s selection. The interior includes five ADA-compliant restrooms, four entries (including two ADA-compliant entrances and one entry with press plate power assist), and dual electric meters. Exterior features include patron parking with 20 spaces, including designated accessible parking. At the rear, there is an oversized two-door block garage and a chain-link fenced area suitable for RV parking or for use as a standalone garage area. The site is outside city limits and therefore not subject to municipal taxes; a stormwater pond is installed. The parcel includes on-site utilities and waste infrastructure, including a 4,400-gallon sand-lined Cap & Fill septic system with risers and a well.
Property profile
VerifiedCap rate & NOI
Current use
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Medical Clinic
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Physician
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Physician
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Employment Agency
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Commercial District (C-1). A. Purpose: provide appropriate locations for commercial, office, and service uses serving a wider area than Town Center business uses. B. Permitted uses and structures. Where a "(D)" appears t…
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
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Derived from the Bridgeville market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
C-1 · Bridgeville, DECommercial District (C-1). A. Purpose: provide appropriate locations for commercial, office, and service uses serving a wider area than Town Center business uses. B. Permitted uses and structures. Where a "(D)" appears t…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
Commercial District (C-1). A. Purpose: provide appropriate locations for commercial, office, and service uses serving a wider area than Town Center business uses. B. Permitted uses and structures. Where a "(D)" appears t…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for C-1 in Bridgeville, DE.
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