32474 LIGHTHOUSE RD, Selbyville, DE 19975
32474 LIGHTHOUSE RD, Selbyville, DE 19975
32474 LIGHTHOUSE RD, Selbyville, DE 19975
32474 LIGHTHOUSE RD, Selbyville, DE 19975
32474 LIGHTHOUSE RD, Selbyville, DE 19975
32474 LIGHTHOUSE RD, Selbyville, DE 19975
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VRA Realty

VRA Realty

+1(484) 800-1777
Listed by Nancy Reither • Coldwell Banker Realty
$ 5,900,000
Est. payment | /mo

8.4 Acres Lot

Save
$ 5,900,000
Est. payment | /mo
Save

8.4 Acres Lot

Key Details

Property Type Vacant Land

Sub Type Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID DESU2044978

HOA Y/N N

Available Date 2023-07-29

Annual Tax Amount $527

Tax Year 2023

Lot Size 8.400 Acres

Acres 8.4

Lot Dimensions 0.00 x 0.00

Property Sub-Type Land

Source BRIGHT

Property 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 3-acre parcel on that corner for $3 million. This is an incredible business opportunity. The property is located 8 miles from the beach.

Location

State DE

County Sussex

Area Baltimore Hundred (31001)

Zoning TN

Exterior

Water Access N

Garage N

Building

Sewer Other

Water None

Schools

School District Indian River

Others

Tax ID 533-17.00-182.00

Ownership Fee Simple

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

Special Listing Condition Standard

Bright MLS (BMLS)

Nearby Locations

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Beckie Barton

Director of Growth and Operations

+1(302) 588-7812 | beckie@vrarealty.com

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32474 LIGHTHOUSE RD

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