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.
Property Type
LandCounty
SUSSEXStyle
LandAD ID
44576341
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Property Details
-
Interior Features
Water/Sewer
- Water Source : None
-
Exterior Features
Utility Features
- Sewer: Other
-
Property / Lot Details
Lot Information
- Lot Size: 439,520
- Dimensions: 0.00 x 0.00
- Lot Size (Acres): 10.09
- Main Square Feet: 439,520
Property Information
- Total Lot SQ ft: 439,520
- Financing: Cash,Conventional
- Appx. Lot Dimensions: 0.00 x 0.00
- Total Acreage: 10.09
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Listing Information
Listing Information
- Possession: Settlement
- Days Of Market: 520
-
Taxes / Assessments
Tax Information
- Annual Tax: $527
- Tax Year: 2023
- Total Taxes Payment Frequency: Annually
Possession
- Settlement
Assessment Information
- Taxes Assessment Amount: $12,750
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Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Multi-Unit Information
- Acceptable Financing: Cash,Conventional
Homeowners Association Information
- Direction: From North Ocean City take Coastal Hwy to Rt 54. Follow Rt 54. The property is right before the crossing with Hudson Rd. 32474 Lighthouse Rd.
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School, Utilities & Location Details
School Information
- School District: INDIAN RIVER
Utility Information
- Water Source: None
- Sewer: Other
Location Information
- Direction: From North Ocean City take Coastal Hwy to Rt 54. Follow Rt 54. The property is right before the crossing with Hudson Rd. 32474 Lighthouse Rd.
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BuyOwner last updated this listing 03/03/2025 @ 17:09
- MLS: DESU2044978
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: BRIGHT MLS
is a Land, with 0 bedrooms which is for sale, it has 439,520 sqft, 439,520 sized lot, and 0 parking. A comparable Land, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of SELBYVILLE , in zip code 19975, this SUSSEX County Land and are nearby neighborhoods.