$449,000

20215 Dupont Blvd

GEORGETOWN DE, 19947

Description

EXCELLENT INVESTMENT OPPORTUNITY! This property has a Cell Tower lease and three double-sided Billboards generating total annual income of $21,431.00. 1.38 acres with 400' of road frontage on busy Rt. 113 Northbound. Deldot records indicating 28,000 to over 33,000 vehicles passing daily. This C-1 Commercially zoned land with city water and sewer potential is only 300 feet away. Or, install your own private well and septic. The income will help pay the mortgage while you're waiting to develop or just enjoy the investment income! Excellent candidate for a 1031 exchange.

Details

MLS#DESU144964
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Days On Site258

Features

ZoningD
Acreage1.38

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Area Information

StateDE
CityGEORGETOWN
Zip Code19947
AreaGeorgetown Hundred (31006)
Listing VS Median (in 19947)
Price:
$449,000
low | high
Med:
$254,995
93.208240534521% of Average
On Site:
258
low | high
Med:
188.5
100% of Average
Listing Updated: 04/06/2020
MLS Number: DESU144964
Listing Provided By:
BOB WHEATLEY  of  KELLER WILLIAMS COMMERCIAL