SUSSEX HWY $4,300,000

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    SUSSEX HWY DELMAR, DE 19940

    • 3,000 sq. ft.
    • 112.00 Acres
    • Commercial
    • MLS# DESU2026406
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    Views: 5 Days On Site: 15

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    Property Details

    +/- 112 acre racetrack business and/or mixed-use redevelopment opportunity fronting Route 13 in Delmar, Delaware. The listing is made up of three tracts (1, 3-4) with AR1 County zoning. Sale on additional parcels/tracts with highway frontage could be negotiated. There is potential to continue operating the racetrack business (FF&E included) in addition to several redevelopment plays, which could include an industrial park, retail shopping centers and/or freestanding buildings, and high-density residential development in the rear. Multiple Route 13 access points. Drawn parcel boundaries are an approximation.

    • General Features
      • County SUSSEX
      • New Construction Y/N N
      • Sale Type Standard
      • Water Access Y/N N
      • Waterfront Y/N N
      • Year Built 1963
      • Zoning AR1 COUNTY
    • Building Features
      • Building Total SqFt 3000.00
      • Business Type Other
      • Cooling Fuel Electric
      • Cooling Type Heat Pump(s)
      • Garage Y/N N
      • Heating Fuel Electric
      • Heating Type Heat Pump(s)
      • Total Garage And Parking Spaces 750
    • Property Features
      • Lot Size Acres 112
    • Schools
      • School District DELMAR

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    Neighborhood

    19940 (DELMAR) Demographics

    45 Median Age
    159 Population Density (per sq. mile)
    22% College Educated
    $54,355 Estimated Median Income
    1,807 Estimated Total Home Owners
    494 Estimated Total Renters
    79% / 21% Estimated Owner / Renter Divide
    3 Estimated Average Household Size
    6,560 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $314,500 Median Sales Price
    6 Homes Sold
    7 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source: Multiple Listing Service New Value: $4,300,000
        7/29/2022 2:14:00 PM New in Database Source: Multiple Listing Service New Value: $4,300,000

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        Information is supplied by seller and other third parties and has not been verified. All information provided is deemed reliable but is not guaranteed. All properties are subject to prior sale or withdrawal. Data may not be reproduced or redistributed and may not be used for any purpose other than consumers’ personal, non-commercial use. Copyright 2022 BRIGHT MLS – All Rights Reserved.

        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.