REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your advisor will contact you to discuss available opportunities.
In-PersonVirtual Tour
Listed by Nancy Reither • Coldwell Banker Realty
$ 7,900,000
Est. payment | /mo
10.09 Acres Lot
$ 7,900,000
Est. payment | /mo
10.09 Acres Lot
Key Details
Property Type Vacant Land
Sub Type Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID DESU2044978
HOA Y/N N
Available Date 2023-07-29
Annual Tax Amount $527
Tax Year 2023
Lot Size 10.090 Acres
Acres 10.09
Lot Dimensions 0.00 x 0.00
Property Sub-Type Land
Source BRIGHT
Property Description
Prime commercial location in Selbyville of 10.09 acres. This is a rare commercial development opportunity on the busy intersection of Lighthouse Sound Rd. (Route 54) and Hudson Rd. There are already many existing new homes surrounding this property and more than 3,200 additional homes are coming soon. This is the perfect location for a shopping center, multiple smaller retail businesses, and/or medical or other professional offices to serve these homes and the entire Selbyville, Bayside, Fenwick, Ocean City area. The Seller will finance up to 70% of the purchase price at 1 percent below the current prime lending rate for up to 5 years. If you are interested in only the highly visible corner piece on Hudson Rd. and RT 54 seller will sell a 3-acre parcel on that corner for $3 million. This is an incredible business opportunity. The property is located 8 miles from the beach.
Location
State DE
County Sussex
Area Baltimore Hundred (31001)
Zoning TN
Exterior
Water Access N
Garage N
Building
Sewer Other
Water None
Schools
School District Indian River
Others
Tax ID 533-17.00-182.00
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Standard
GET MORE INFORMATION
QUICK SEARCH
- Homes For Sale in Bear, DE
- Homes For Sale in Claymont, DE
- Homes For Sale in Clayton, DE
- Homes For Sale in Delaware City, DE
- Homes For Sale in Dover, DE
- Homes For Sale in Hockessin, DE
- Homes For Sale in Middletown, DE
- Homes For Sale in Newark, DE
- Homes For Sale in New Castle, DE
- Homes For Sale in Rehoboth Beach, DE
- Homes For Sale in Saint Georges, DE
- Homes For Sale in Townsend, DE
- Homes For Sale in Wilmington, DE
- Homes For Sale in Avondale, PA
- Homes For Sale in Coatesville, PA
- Homes For Sale in Devon, PA
- Homes For Sale in Drumore, PA
- Homes For Sale in King of Prussia, PA
- Homes For Sale in Landenberg, PA
- Homes For Sale in Lincoln University, PA
- Homes For Sale in Nottingham, PA
- Homes For Sale in Oxford, PA
- Homes For Sale in Quarryville, PA
- Homes For Sale in Springfield, PA
- Homes For Sale in West Chester, PA
- Homes For Sale in West Grove, PA
- Homes For Sale in Chesapeake City, MD
- Homes For Sale in Earleville, MD
- Homes For Sale in Elkton, MD
- Homes For Sale in Rising Sun, MD
- Homes For Sale in North East, MD