Entitled Industrial Development | 5.67 Acres | Dagsboro, DelawareRare opportunity to acquire a fully entitled industrial development in the heart of rapidly growing Eastern Sussex County. This 5.67-acre industrial property offers immediate income with significant near-term upside through approved expansion, making it ideal for investors, developers, or owner-users seeking stabilized cash flow combined with value-add development potential.Entitled Industrial property with one of 4 buildings completed and Tenant in place (see lease in documents tab).One more 3200 SF, and two 6400 SF buildings are approved and shovel ready Late April/Early MayCurrent International Tenant is NN generating 40K in annual rent Y1, 43K in Y2, $46,400 in Y3All wetlands delineation is completedCommunity Well & Septic is in place with DNREC inspecting main drain field in April w/ FINAL inspection Late April/Early May
| MLS # | DESU2107032 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | New Construction |
| Status | Active-bright |
| Year | 2024 |
| Days On Site | 189 |
| Listing Provided By | SVN/Miller Commercial Real Estate | Andrew Ball |
| Zoning | C-2 |
|---|---|
| Acreage | 5.67 |
| Cooling | Heat Pump(s) |
|---|---|
| Heating Yes / No | Yes |
| Heating | Heat Pump(s) |
| Construction Materials | Combination |
|---|
| Garage Yes / No | No |
|---|
| State | DE |
|---|---|
| County | SUSSEX DE |
| City | DAGSBORO |
| Zip Code | 19939 |
| Area | Dagsboro Hundred (31005) |
| School District | CAPE HENLOPEN |
| Listing VS Median (in 19939) | |
Price: $2,200,000 low | high Med: $499,950 On site: 189 low | high Med: 56.5 | |
| State | DE |
|---|---|
| County | SUSSEX DE |
| City | DAGSBORO |
| Zip Code | 19939 |
| Area | Dagsboro Hundred (31005) |
| School District | CAPE HENLOPEN |
| Listing VS Median (in 19939) | |
Price: $2,200,000 low | high Med: $499,950 On site: 189 low | high Med: 56.5 | |