5.67 Acres Lot
5.67 Acres Lot
Key Details
Property Type Commercial
Sub Type Land for Commercial Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID DESU2107032
Year Built 2024
Lot Size 5.670 Acres
Acres 5.67
Property Sub-Type Land for Commercial Use
Source BRIGHT
Property Description
Rare opportunity to acquire a fully entitled industrial development in the heart of rapidly growing Eastern Sussex County. This 5.67-acre industrial property offers immediate income with significant near-term upside through approved expansion, making it ideal for investors, developers, or owner-users seeking stabilized cash flow combined with value-add development potential.
Entitled Industrial property with one of 4 buildings completed and Tenant in place (see lease in documents tab).
One more 3200 SF, and two 6400 SF buildings are approved and shovel ready Late April/Early May
Current International Tenant is NN generating 40K in annual rent Y1, 43K in Y2, $46,400 in Y3
All wetlands delineation is completed
Community Well & Septic is in place with DNREC inspecting main drain field in April w/ FINAL inspection Late April/Early May
Location
State DE
County Sussex
Area Dagsboro Hundred (31005)
Zoning C-2
Interior
Hot Water Electric
Heating Heat Pump(s)
Cooling Heat Pump(s)
Heat Source Electric
Exterior
Garage Spaces 52.0
Water Access N
Accessibility Other
Total Parking Spaces 52
Garage N
Building
Sewer Community Septic Tank
Water Private
New Construction Y
Schools
School District Cape Henlopen
Others
Tax ID NO TAX RECORD
Ownership Fee Simple
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Standard
NEARBY SCHOOLS & PROPERTIES
GET MORE INFORMATION
Realtor | Team Lead | License ID: RS-0026088
+1(302) 604-4683 | krystal@thecoastalcollectivegroup.com