11342 Circle DrSeaford, DE 19973

For Sale
$1,599,000

11 Acres, Dual Zoning, High Visibility

Overview

Added:
Feb 3
Days on market:
37
This exceptional 11+/- acre property in Seaford, Delaware presents a unique investment opportunity. Boasting excellent visibility and direct access to Route 20 East, this land offers significant potential for diverse development. The property comprises two distinct parcels, each with its own zoning designation, allowing for flexible development strategies. Parcel A, encompassing approximately 1 acre, is the last commercially zoned parcel heading east towards Delaware's beaches, offering unparalleled commercial potential. Parcel B, a substantial 10+/- acre parcel, is zoned R-1, suitable for residential development. However, conditional use zoning permits exploration of industrial or retail uses, expanding the possibilities for this prime location. The property's location within Sussex County, one of the fastest-growing counties in the United States, further enhances its value. The proximity to established residential communities adds to its appeal. Within half a mile lies the gated community of the Village of Cool Branch (Ryan Homes), and within two miles, an additional 260+ residential units are under development. This strategic location ensures high visibility and accessibility, making it an ideal investment for both short-term and long-term growth. The total square footage of the property is 348,480 square feet. Note that this property is exempt from city taxes. The property is offered at $1,599,000 and the parcels can be purchased individually or together.

Property Details for 11342 Circle Dr

Property type
Other commercial real estate
Square Feet
348,480 SF
Year Built
2010
Lot Size (sq. ft)
479,160 SF

Location Insight

City
Seaford
County
SUSSEX
State
Delaware
Latitude
38.63851
Longitude
-75.55447
11342 Circle Dr, Seaford, Delaware

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11342 Circle Dr
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