Address
19388 Old Landing Road, Rehoboth Beach, DE
Price
$ 13,878,000
Property Attributes
- MLS#DESU2045430
- TypeCommercial
- CountySUSSEX
- CityRehoboth Beach
- AreaLewes Rehoboth Hundred
- Zip19971
- StyleGeneral Retail,Flex
- Year Built1973
- Taxes$ 4208
- Price$ 13,878,000
- 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 | |
|---|---|
| 8/1/2023 | Listed $10,280,000 |
General Features
| Sewer | Gravity Sept Fld,Public Hook/Up Avail |
|---|---|
| Heating | Baseboard - Electric |
| Cooling | Window Unit(s) |
| Possession | Settlement,Subject to Existing Lease |
| Roof | Unknown |
| Zoning | CR-1 |
| Construction Materials | Combination,Stick Built |
| 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 |
| Year Built | 1973 |
| Electric | 100 Amp Service |
| Property SubType | Land for Commercial Use |
| Tax Year | 2023 |
| Percent Ownership | Fee Simple |
| Cool Fuel | Electric |
| Business Type | Other/General Retail,Flex |
| Accessibility | None |
| County | SUSSEX |
| New Construction | No |
| Property Type | Commercial Sale |
| Water Access Y/N | No |
| Status | ACTIVE |
| Directions | From Route One turn on to Old Landing Road. Property is on your right. |
| ModificationTimestamp | 2024-05-06T09:49:22 |
| City | REHOBOTH BEACH |
| Buyer Agent Compensation | 2.5 |
| Disclosures | Agent has Financial Interest,Lead Based Paint - Federal,Owner RE Licensee,Prop Disclosure,Radon,Other |
| MLS Area | Lewes Rehoboth Hundred (31009) |
| Lot Size Square Feet | 447796.80 |
| Tax Assessed Value | 85450.0 |
| Waterfront Y/N | No |
| Street Name | OLD LANDING |
| Tax Annual Amount | 4208.0 |
| Vacation Rental Y/N | No |
| Days on Market | 280 |
| Sussex DE Quadrants | Between Rt 1 & 113 |
| Standard Status | Active |
| Year Built Source | Estimated |
| Buyer Agent Compensation Type | % Of Gross |
Interior Features
| Heating Fuel | Electric |
|---|---|
| Hot Water | Electric |
| Heating Y/N | Yes |
| Street Suffix | ROAD |
| Central Air Y/N | No |
Exterior Features
| Water Source | Public |
|---|---|
| Total Parking Spaces | 10 |
| Type of Parking | Driveway,Private Garage |
| Land Use Code | 999 |
| Water View Y/N | No |
| Building Area Total | 0.00 |
| Lot Size Acres | 10.28 |
| Road Frontage Length | 1332 |
| Lot Size Units | Square Feet |
| Lot Size Source | Estimated |
| Land Assessed Value | 51400.00 |
| Navigable Water Y/N | No |
| Water Oriented Y/N | No |
| Car Parking Spaces | 10 |
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 Commercial Average in 19971
Price
Taxes
Visits
Year Built
Walkscore
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