Address
18924 John J Williams Highway Rehoboth Beach, DE
Price
$ 100,000
Property Attributes
  • MLS#DESU172992
  • TypeLand
  • CountySUSSEX
  • CityRehoboth Beach
  • AreaLewes Rehoboth Hundred
  • Zip19971
  • StyleCommercial
  • Taxes146
  • Price$ 100,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size1.32 Acres
Listing Provided Courtesy Of:
SVN/Miller Commercial Real Estate
Data Source:
Bright MLS
Property Description

Ground Lease: Two highly visible and accessible pad-sites for lease at this amazing location at a brand new (soon-to-be) lighted intersection to better accommodate the constantly increasing amount of traffic in front of this site and located next to a new Residence Inn by Marriott and across the street from Beebe Hospital's health campus. This location is strategically located just 2,000+/- feet away from Rt. 1 offering easy and convenient access at a lighted intersection in addition to a right-in right-out. The site will be delivered with entrances in place. Over the next two years, between the residential, commercial, and institutional investments planned for this corridor approximately a HALF BILLION DOLLARS will have been spent in new development within a half-mile of this site. Over the last decade the state has spent about $100 Million to build two 700+ capacity schools on the same road just to the west of this site, and that is in addition to the amount DelDOT will be spending to dualize Rt. 24 highway by 2022. Beebe Hospital is currently undergoing a $130 Million Dollar expansion directly across the street as seen in the photos. In summary, these pad-sites are right in the middle of all of this growth. Surrounded by residential, hospitality, and institutional uses this is the definition of a prime location

Price History
11/10/2020 Listed $100,000

General Features

Additional Parcels Y/N No
Association Y/N No
County SUSSEX
Current Use Commercial
Days on Market 153
High School District CAPE HENLOPEN
Legal Subdivision LEWES-REHOBOTH
MLS Area Lewes Rehoboth Hundred (31009)
Ownership Leasehold
Possession Other
Price Per Sq Ft 1.74
Property SubType Land
Property Type Land
Sewer Public Sewer
Sussex DE Quadrants Between Rt 1 & 113
Tax Annual Amount 146.0
Tax Lot 3
Tax Year 2020
Vacation Rental Y/N No
Water Access Y/N No
Zoning C-1

Exterior Features

Lot Dimensions 0.00 x 0.00
Lot Features Additional Lot(s), Cleared, Interior, Corner, Premium
Lot Size Acres 1.32
Lot Size Source Estimated
Lot Size Square Feet 57499.20
Navigable Water Y/N No
Water Oriented Y/N No
Water Source Public
Water View Y/N No
Waterfront Y/N No

Amenities

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

Property vs Zip Code Average in 19971

Price
AVG $720K
$100K
Taxes
AVG $590
$146
Visits
AVG 67
36
Walkscore
AVG 29
32
Data Provided by Walkscore ® not using MLS data

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