Listed By:
Jack Lingo - Lewes
Address
19388 Old Landing Road, Rehoboth Beach, DE
Price
$ 10,280,000
Property Attributes
  • MLS#DESU2048532
  • TypeLand
  • CountySUSSEX
  • CityRehoboth Beach
  • AreaLewes Rehoboth Hundred
  • Zip19971
  • StyleAgriculture,Office,,Commercial
  • Taxes$ 4208
  • Price$ 10,280,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size10.28 Acres
Data Source:
Bright MLS
Property Description

10.28 +/- Acres Zoned CR-1 next to Walmart & visible from Route 1. Prime commercial development opportunity with 298 feet road frontage on Rehoboth Mall Blvd AND 1034 feet road frontage on Old Landing Rd. Public water line is in and public sewer is available. Farmhouse is currently leased. Fully functional 3-car garage with 4th bay large enough to fit a motor home or boat. 3rd building is also functional with concrete block & concrete floor, window units, and electric heat. Barn on property is condemned, DO NOT ENTER!!! **DelDot has proposed a road R.D.W. through this property. See attached diagrams for impact on property. They also have a "new" intersection at Airport Road proposed.** Owners are Licensed Delaware Realtors. Listing Agent has Financial Interest.

Price History
9/20/2023 Listed $10,280,000

General Features

Sewer Gravity Sept Fld,Public Hook/Up Avail
Possession Settlement
Zoning CR-1
School District CAPE HENLOPEN
Exclusions All contents of office and garage that we are leasing to others will be excluded with the sale. Chassis and engine of old Jeep under overhang attached to barn will be excluded with the sale. There m
Electric 100 Amp Service
Property SubType Land
Tax Year 2023
Current Use Agriculture,Office,Other,Commercial
Percent Ownership Fee Simple
County SUSSEX
Property Type Land
HOA / Comm Assn No
Possible Use Commercial,Residential
Water Access Y/N No
Zoning Description Commercial-Residential-1
MLS Area Lewes Rehoboth Hundred (31009)
Lot Size Square Feet 447796.80
Waterfront Y/N No
Tax Annual Amount 4208.0
Condo/Coop Association Y/N No
Clean Green Assessed Y/N No
Price Per Sq Ft 22.96
Acceptable Financing Cash,Conventional
Additional Parcels Y/N No
Vacation Rental Y/N No
Days on Market 128
Sussex DE Quadrants Between Rt 1 & 113
School District 300200396895
Association Recreation Fee No

Exterior Features

Lot Features Cleared,Irregular
Water Source Public
Water View Y/N No
Lot Size Acres 10.28
Road Frontage Length 1332
Lot Size Source Estimated
Navigable Water Y/N No
Water Oriented Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Land Average in 19971

Price
AVG $2.17M
$10.28M
Taxes
AVG $1,108
$4,208
Visits
AVG 257
401
Data Provided by Inside Real Estate®
Walkscore
AVG 37
50
Data Provided by Walkscore® not using MLS data

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