36365 Sussex HwyDelmar, DE 19940

  • Other commercial real estate
  • 14.01 AC
For Lease
$42,000/SF/YR View listing

Property Details for 36365 Sussex Hwy

Lot size
14.01 AC
Zone code
LI-2
Property type
Other commercial real estate
APN
532-13.00-80.04
APU
53213008004

Description

This exceptional 1,200 square foot office and industrial property, located at 36365 Sussex Highway in Delmar, Delaware, presents a unique investment opportunity. Situated on a two-acre lot, this single-tenant building boasts 300 feet of highway frontage on Route 13, providing excellent visibility and accessibility with a large pylon sign. The property is classified as Class B and underwent renovations in 2019, including a new roof and updated flooring. The building is currently vacant, offering immediate occupancy for a wide range of uses. The LI-2 zoning allows for diverse commercial and industrial applications, details of which are available in the provided zoning code documents. The property features a one-story building with no loading docks. The APN is 532-13.00-80.04. This versatile space is ideal for businesses seeking high visibility and convenient access in a thriving Delaware location. The property's size and zoning make it suitable for a variety of commercial and light industrial operations. Don't miss this chance to secure a prime location with significant highway frontage in Delmar, DE. The zip code is 19940.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $150,619,488
    Hospitality
    $137,966,640
    Educational
    $114,786,624
    Medical
    $118,734,312
    Retail
    $178,556,976
36365 Sussex Hwy, Delmar, Delaware

Location Insight

City
Delmar
County
Sussex
State
Delaware
Latitude
38.4841
Longitude
-75.5537
CBSA code
41540
CBSA name
SALISBURY, MD-DE METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$6,379
$35,050
$11,750
$46,800
-
$70,100
$182,900
$253,000

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