32474 Lighthouse Road
$7,900,000
439,520 / 10.09
Description
Prime commercial location in Selbyville of 10.09 acres. This is a rare commercial development opportunity on the busy intersection of Lighthouse Sound Rd. (Route 54) and Hudson Rd. There are already many existing new homes surrounding this property and more than 3,200 additional homes are coming soon. This is the perfect location for a shopping center, multiple smaller retail businesses, and/or medical or other professional offices to serve these homes and the entire Selbyville, Bayside, Fenwick,...Prime commercial location in Selbyville of 10.09 acres. This is a rare commercial development opportunity on the busy intersection of Lighthouse Sound Rd. (Route 54) and Hudson Rd. There are already many existing new homes surrounding this property and more than 3,200 additional homes are coming soon. This is the perfect location for a shopping center, multiple smaller retail businesses, and/or medical or other professional offices to serve these homes and the entire Selbyville, Bayside, Fenwick, Ocean City area. The Seller will finance up to 70% of the purchase price at 1 percent below the current prime lending rate for up to 5 years. If you are interested in only the highly visible corner piece on Hudson Rd. and RT 54 seller will sell a 3-acre parcel on that corner for $3 million. This is an incredible business opportunity. The property is located 8 miles from the beach.
- Listed by Nancy Reither • Coldwell Banker RealtyP: (410)-603-5050 nreither@cbmove.com
Property Details for 32474 Lighthouse Road
Tax ID Number
533-17.00-182.00
OwnershipFee Simple
HOANo
WaterfrontNo
GarageNo
Expected On Market Date07-29-2023
Legal SubdivisionBALTIMORE HUNDRED SUSSEX COUNTY
Central AirNo
LISTING UPDATED: 10/02/2024 01:06 PM
Property Details for 32474 Lighthouse Road
Status | Active |
---|---|
MLS # | DESU2044978 |
Days on Market | 515 |
Taxes | $527 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Land |
MLS Type | Land / Fee Simple |
Year Built | - |
Lot Size | 10.09 AC |
County | Sussex County |
Building Information for 32474 Lighthouse Road
Lot Size10.09 AC
Property Information for 32474 Lighthouse Road
Property History for 32474 Lighthouse Road
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 32474 Lighthouse Road
Taxable ValueLand$5,700Additions$11,250Total$16,950
Tax Record2023$611 ($51 / month)
Home Facts
Beds0Lot Size439,520 SqFtStyleMiscellaneous ResidentialZoningTNCountySUSSEXAPN533-17.00-182.00
Schools near 32474 Lighthouse Road
This home is within Indian River School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | K to 8 |
Rating | School | Distance |
---|---|---|
Showell (Phillip C.) Elementary School PublicK to 5 | ||
Selbyville Middle School Public6 to 8 | ||
Indian River High School Public9 to 12 | ||
Southern Delaware School of the Arts PublicK to 8 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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