11117 Laurel RdLaurel, DE 19956

This exceptional 1.75-acre property, located at 11117 Laurel Road in Laurel, Delaware (zip code 19956), presents a unique investment opportunity. Currently zoned AR-1, the land offers significant potential for future development, including the possibility of commercial zoning. The asking price is $749,000, translating to $428,000 per acre. A single-family residence currently sits on the property and is generating rental income for the owner. This provides a current revenue stream while the buyer explores future development options. The property's location in Sussex County, Delaware, offers easy access to local amenities and transportation routes. The latitude and longitude coordinates are 38.55499067387255 and -75.55532803797577 respectively. This land parcel represents a compelling blend of immediate income generation and long-term development potential, making it an attractive proposition for discerning investors seeking a versatile property in a desirable location. Serious inquiries are encouraged to explore the full potential of this unique offering. The property is situated in a convenient location within Sussex County, Delaware.