Property

Selbyville, DE 19975 32474 Lighthouse Road

32474 Lighthouse Road Selbyville, DE - Image 132474 Lighthouse Road Selbyville, DE - Image 232474 Lighthouse Road Selbyville, DE - Image 3
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32474 Lighthouse Road Selbyville, DE - Image 432474 Lighthouse Road Selbyville, DE - Image 532474 Lighthouse Road Selbyville, DE - Image 632474 Lighthouse Road Selbyville, DE - Image 732474 Lighthouse Road Selbyville, DE - Image 832474 Lighthouse Road Selbyville, DE - Image 932474 Lighthouse Road Selbyville, DE - Image 1032474 Lighthouse Road Selbyville, DE - Image 1132474 Lighthouse Road Selbyville, DE - Image 1232474 Lighthouse Road Selbyville, DE - Image 1332474 Lighthouse Road Selbyville, DE - Image 1432474 Lighthouse Road Selbyville, DE - Image 1532474 Lighthouse Road Selbyville, DE - Image 1632474 Lighthouse Road Selbyville, DE - Image 1732474 Lighthouse Road Selbyville, DE - Image 1832474 Lighthouse Road Selbyville, DE - Image 1932474 Lighthouse Road Selbyville, DE - Image 2032474 Lighthouse Road Selbyville, DE - Image 2132474 Lighthouse Road Selbyville, DE - Image 2232474 Lighthouse Road Selbyville, DE - Image 2332474 Lighthouse Road Selbyville, DE - Image 2432474 Lighthouse Road Selbyville, DE - Image 25
Presented By: Coldwell Banker Realty
  • MLS# DESU2044978
  • 07/24/2023
  • Request Tour
  • Request Info

Home Details

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.
Presented By: Coldwell Banker Realty

Interior Features for 32474 Lighthouse Road

Other Interior Features

Street SuffixROAD

General for 32474 Lighthouse Road

Acceptable FinancingCash, Conventional
Additional Parcels Y/NNo
CitySELBYVILLE
Clean Green Assessed Y/NNo
CountySUSSEX
Current UseVacant
DirectionsFrom 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.
HOANo
Historic Y/NNo
Legal SubdivisionBALTIMORE HUNDRED SUSSEX COUNTY
Lot Size Square Feet439520.00
Lot Size UnitsSquare Feet
MLS AreaBaltimore Hundred (31001)
ModificationTimestamp2024-12-26T09:07:34
OwnershipFee Simple
PossessionSettlement
Possible UseCommercial
Price Per Sq Ft Total AG17.97
Property SubtypeLand
Property TypeLand
School DistrictINDIAN RIVER
SewerOther
Standard StatusActive
StatusACTIVE
Sussex DE QuadrantsBetween Rt 1 & 113
Tax Annual Amount527.0
Tax Assessed Value12750.0
Tax Lot1
Tax Year2023
Vacation Rental Y/NNo
Water Access Y/NNo
Waterfront Y/NNo
ZoningTN

Exterior for 32474 Lighthouse Road

Land Use Code999
Lot Dimensions0.00 x 0.00
Lot Size Acres10.09
Lot Size SourceAssessor
LotDimensionsSourceAssessor
Navigable Water Y/NNo
Water Oriented Y/NNo
Water SourceNone
Water View Y/NNo

Additional Details

Price History

YOLANDA CASSIDY-BOGAN

Associate
Price $7,900,000
MLS#DESU2044978
List Date 07/24/2023
Property Type Land
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