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 |
| 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 |
| Status | ACTIVE |
| Directions | PROPERTY IS ADJACENT TO WALMART IN REHOBOTH BEACH. Entrance to property is directly across from Airport Rd. From Route 1,turn onto Old Landing Rd. Property is on the right. Look for the signs. |
| ModificationTimestamp | 2024-04-29T08:37:30 |
| City | REHOBOTH BEACH |
| Buyer Agent Compensation | 2.5 |
| Disclosures | Agent has Financial Interest,Owner RE Licensee |
| Zoning Description | Commercial-Residential-1 |
| 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 |
| 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 |
| Lease Considered Y/N | No |
| Vacation Rental Y/N | No |
| Days on Market | 224 |
| Sussex DE Quadrants | Between Rt 1 & 113 |
| Standard Status | Active |
| Buyer Agent Compensation Type | % Of Gross |
| Association Recreation Fee | No |
Interior Features
| Street Suffix | ROAD |
|---|
Exterior Features
| Lot Features | Cleared,Irregular |
|---|---|
| Water Source | Public |
| Land Use Code | 999 |
| Water View Y/N | No |
| Lot Size Acres | 10.28 |
| Road Frontage Length | 1332 |
| Lot Size Units | Square Feet |
| 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
Taxes
Visits
Walkscore
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