Thank you
Nancy Reither
Coldwell Banker Realty
443-856-2211
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.
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Water Source : None
Sewer: Other
Lot Size: 439,520
Dimensions: 0.00 x 0.00
Lot Size (Acres): 10.09
Main Square Feet: 439,520
Total Lot SQ ft: 439,520
Financing: Cash,Conventional
Appx. Lot Dimensions: 0.00 x 0.00
Total Acreage: 10.09
Possession: Settlement
Days Of Market: 160
Annual Tax: $527
Tax Year: 2023
Total Taxes Payment Frequency: Annually
Settlement
Taxes Assessment Amount: $12,750
Acceptable Financing: Cash,Conventional
Direction: From North Ocean City take Coastal Hwy to Rt 54. Follow Rt 54. The property is right before the crossing with Hudson Rd. 32474 Lighthouse Rd.
School District: INDIAN RIVER
Water Source: None
Sewer: Other
Direction: From North Ocean City take Coastal Hwy to Rt 54. Follow Rt 54. The property is right before the crossing with Hudson Rd. 32474 Lighthouse Rd.
Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
---|---|---|---|---|---|
Lighthouse Road , Selbyville, DE,19975 | $549,900 | -- | -- | 392,911 | 392911.2 Sqft |
38271 Bay Vista Drive .., Selbyville, DE,19975 | $590,000 | 3 | 3.5 | -- | -- |
36455 Dupont Boulevard , Selbyville, DE,19975 | $2,275,000 | -- | -- | 1,525,036 | 1525036 Sqft |
54 Lots Hampden Park , Selbyville, DE,19975 | $1,620,000 | -- | -- | 12,197 | 12197 Sqft |
37163 Gull Watch Way #.., Selbyville, DE,19975 | $629,900 | 3 | 3.5 | -- | 9583.2 Sqft |
20066 Sunchase Terrace , Selbyville, DE,19975 | $744,000 | 4 | 3.5 | 1,021 | -- |
LOT 3 Roxana Road , Selbyville, DE,19975 | $200,000 | -- | -- | 54,886 | 54886 Sqft |
33512 Deer Run Road , Selbyville, DE,19975 | $360,000 | 3 | 2.0 | -- | 22216 Sqft |
37733 Teaberry Circle , Selbyville, DE,19975 | $485,000 | 3 | 2.0 | -- | 21780 Sqft |
37257 E Stoney Run , Selbyville, DE,19975 | $2,399,999 | 5 | 4.0 | 1,226 | 16117 Sqft |
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ByOwner last updated this listing 05/02/2024 @ 03:05
MLS: DESU2044978
LISTED BY: Nancy Reither , Coldwell Banker Realty
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.