32474 LIGHTHOUSE RD, Selbyville, DE 19975
See all 26 photos
32474 LIGHTHOUSE RD, Selbyville, DE 19975
32474 LIGHTHOUSE RD, Selbyville, DE 19975
32474 LIGHTHOUSE RD, Selbyville, DE 19975
32474 LIGHTHOUSE RD, Selbyville, DE 19975
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Patrick Gorman

Patrick Gorman

+1(609) 707-5024
Listed by Nancy Reither • Coldwell Banker Realty
$ 5,900,000
Est. payment /mo
Save
Active

32474 LIGHTHOUSE RD Selbyville, DE 19975

8.4 Acres Lot

UPDATED:

Key Details

Property Type Vacant Land

Sub Type Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID DESU2044978

HOA Y/N N

Available Date 2023-07-29

Annual Tax Amount $527

Tax Year 2023

Lot Size 8.400 Acres

Acres 8.4

Lot Dimensions 0.00 x 0.00

Property Sub-Type Land

Source BRIGHT

Property 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, 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.

Location

State DE

County Sussex

Area Baltimore Hundred (31001)

Zoning TN

Exterior

Water Access N

Garage N

Building

Sewer Other

Water None

Schools

School District Indian River

Others

Tax ID 533-17.00-182.00

Ownership Fee Simple

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

Special Listing Condition Standard

Bright MLS (BMLS)
Patrick Gorman
Patrick Gorman

Team Leader - Licensed Agent in NJ/PA | License ID: NJ- 0340986 PA - RS375085

+1(609) 707-5024 | patrick.gorman@gormangrouprealtors.com

GET MORE INFORMATION

Name
Phone*
Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from Gorman Group Realtors - Powered by Keller Williams Main Street, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.

Go tour this home

32474 LIGHTHOUSE RD