36671 Sussex HwyDelmar, DE 19940

  • Other commercial real estate
  • 11.92 AC
For Sale
$2,250,000 View listing

Property Details for 36671 Sussex Hwy

Lot size
11.92 AC
Zone code
C-1
Property type
Other commercial real estate
APN
532-13.00-84.00
APU
53213008400

Description

Exceptional commercial opportunity in Delmar, DE. This 11.92-acre property boasts over 360 feet of road frontage with two direct access points on Route 13, offering unparalleled visibility and accessibility. The site currently includes a 2,850 sq ft auto shop and a 1,700 sq ft office building, situated within a spacious, secure, fenced yard. The property is zoned C-3, allowing for a wide array of commercial and industrial uses, including but not limited to: retail establishments, restaurants, breweries, offices, medical facilities, recreational facilities, and more. The expansive acreage and flexible zoning make this an ideal location for a variety of development projects. The property's strategic location near tax-free Delmar provides a significant advantage for businesses seeking a cost-effective and attractive location. This rare opportunity presents a unique chance to acquire a substantial commercial property with significant development potential in a thriving area. The existing buildings offer immediate income potential or can be easily adapted to suit a new owner's needs. Don't miss this chance to secure a prime piece of commercial real estate in a highly desirable location. The total building square footage is 4,550 sq ft.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $128,150,064
    Hospitality
    $117,384,768
    Educational
    $97,662,752
    Medical
    $101,021,520
    Retail
    $151,919,840
36671 Sussex Hwy, Delmar, Delaware

Location Insight

City
Delmar
County
Sussex
State
Delaware
Latitude
38.4754
Longitude
-75.5552
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
$2,563
$8,300
$21,050
$29,350
-
$59,600
$42,100
$101,700

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