$ 6,500,000
SUSSEX HWY Laurel, DE 19956
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$ 6,500,000
Est. payment | /mo
8 Acres Lot
$ 6,500,000
Est. payment | /mo
8 Acres Lot
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Pending
Purchase Type For Sale
MLS Listing ID DESU2038858
Originating Board BRIGHT
Year Built 1990
Annual Tax Amount $24,904
Tax Year 2022
Lot Size 8.000 Acres
Acres 8.0
Lot Dimensions 0.00 x 0.00
Property Description
A prime investment and/or redevelopment opportunity fronting Sussex Highway (RT 13) and County Seat Highway (RT 9) in Laurel, Delaware. The 8-acre site currently features a 69,000 SF multi-unit commercial building and gas station (6-yrs left on gas station lease; property owner receives a rebate based on gallons sold). There is a permanent easement in place with the adjacent Burger King and cell tower. Stormwater management in place with prorated maintenance agreement based on amount of land owned. Any upgrades to stormwater management are billed to whoever requires. Water and sewer stubbed and available. No restrictions. This site lends itself to a variety of possible uses and is situated at a highly trafficked, signaled intersection! Site plans, easement agreements, EDU information & more available upon request.
Location
State DE
County Sussex
Area Broad Creek Hundred (31002)
Zoning COM & BUS USE DISTRICT
Interior
Hot Water Electric
Heating Heat Pump(s)
Cooling Heat Pump(s)
Heat Source Electric
Exterior
Garage Spaces 500.0
Waterfront N
Water Access N
Accessibility Other
Total Parking Spaces 500
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Laurel
Others
Tax ID 232-12.00-105.00
Ownership Fee Simple
SqFt Source Estimated
Special Listing Condition Standard
Listed by John C Davis • NAI Coastal
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Muller Dessie
Real Estate Consultant