• 19388 Old Landing Road REHOBOTH BEACH, DE 19971

  • $10,280,000
  • 447,797
    Sq Ft
  • 447796.8
    Sqft

10.28 +/- Acres Zoned CR-1 next to Walmart & visible from Route 1. Prime commercial development opportunity with 298 feet road frontage on Rehoboth Mall Blvd AND 1034 feet road frontage on Old Landing Rd. Public water line is in and public sewer is available. Farmhouse is currently leased. Fully functional 3-car garage with 4th bay large enough to fit a motor home or boat. 3rd building is also functional with concrete block & concrete floor, window units, and electric heat. Barn on property is condemned, DO NOT ENTER!!! **DelDot has proposed a road R.D.W. through this property. See attached diagrams for impact on property. They also have a "new" intersection at Airport Road proposed.** Owners are Licensed Delaware Realtors. Listing Agent has Financial Interest.

Property Type :

Land

County :

SUSSEX

Style :

Land

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Property Details

 

Water/Sewer

Water Source : Public

Utility Features

Sewer: Gravity Sept Fld,Public Hook/Up Avail

Lot Information

Lot Size: 447,797

Lot Size (Acres): 10.28

Main Square Feet: 447,797

Property Information

Total Lot SQ ft: 447,797

Financing: Cash,Conventional

Total Acreage: 10.28

Listing Information

Possession: Settlement

Days Of Market: 73

Lease Information

Lease Considered: No

Tax Information

Annual Tax: $4,208

Tax Year: 2023

Total Taxes Payment Frequency: Annually

Possession

Settlement

Assessment Information

Taxes Assessment Amount: $85,450

Multi-Unit Information

Acceptable Financing: Cash,Conventional

Road Frontage Length: 1332

Homeowners Association Information

Direction: PROPERTY IS ADJACENT TO WALMART IN REHOBOTH BEACH. Entrance to property is directly across from Airport Rd. From Route 1, turn onto Old Landing Rd. Property is on the right. Look for the signs.

School Information

School District: CAPE HENLOPEN

Utility Information

Water Source: Public

Sewer: Gravity Sept Fld,Public Hook/Up Avail

Location Information

Direction: PROPERTY IS ADJACENT TO WALMART IN REHOBOTH BEACH. Entrance to property is directly across from Airport Rd. From Route 1, turn onto Old Landing Rd. Property is on the right. Look for the signs.

Data provided by Bright MLS. Property information is for the users personal, non-commercial use. Information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties that appear on the website may no longer be for sale, and may be under contract or sold. ©2024 Bright MLS, All Rights Reserved. Information is reliable but not guaranteed.

ByOwner last updated this listing 04/28/2024 @ 18:04

MLS: DESU2048532
LISTED BY: PAUL TOWNSEND , Jack Lingo - Lewes
SOURCE: BRIGHT MLS
Buyer Agency Compensation: 2.5%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.

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