32474 Lighthouse Road

SELBYVILLE, DE 19975

  • 439,520 Sqft
  • 439520
    Sqft(Lot)
$7,900,000

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 2-acre parcel on that corner for $1.28 million. at $640,000 per acre this is an incredible business opportunity. the property is located 8 miles from the beach.

  • Property Type

    Land

  • County

    SUSSEX

  • Style

    Land

  • AD ID

    44576341

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Property Details

  • Water/Sewer

    • Water Source : None

  • Utility Features

    • Sewer: Other

  • Lot Information

    • Lot Size: 439,520
    • Dimensions: 0.00 x 0.00
    • Lot Size (Acres): 10.09
    • Main Square Feet: 439,520

    Property Information

    • Total Lot SQ ft: 439,520
    • Financing: Cash,Conventional
    • Appx. Lot Dimensions: 0.00 x 0.00
    • Total Acreage: 10.09

  • Listing Information

    • Possession: Settlement
    • Days Of Market: 160

  • Tax Information

    • Annual Tax: $527
    • Tax Year: 2023
    • Total Taxes Payment Frequency: Annually

    Possession

    • Settlement

    Assessment Information

    • Taxes Assessment Amount: $12,750

  • Multi-Unit Information

    • Acceptable Financing: Cash,Conventional

    Homeowners Association Information

    • 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 Information

    • School District: INDIAN RIVER

    Utility Information

    • Water Source: None
    • Sewer: Other

    Location Information

    • 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.
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BuyOwner last updated this listing 04/27/2024 @ 03:14

  • MLS: DESU2044978
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: BRIGHT MLS

Buyer Agency Compensation: 2.5%
Offer of compensation is made only to participants of the MLS where the listing is filed.

is a Land, with 0 bedrooms which is for sale, it has 439,520 sqft, 439,520 sized lot, and 0 parking. A comparable Land, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of SELBYVILLE , in zip code 19975, this SUSSEX County Land and are nearby neighborhoods.