34861 W LINE ROADSELBYVILLE, DE 19975

Commercial · 1,156 Sq. ft. | 2.80 Acres
$3,900,000 ACTIVE

34861 W LINE ROAD Overview

Time on Site:
1420 days
Visits:
75

Commercial Site in Prime Location hits the Market! 2.36 acres on the corner of RT 54 and W. Line Rd in Selbyville DE. This location is directly across from Yellowfins Restaurant and shopping center on heavily traveled Rt 54. The location is approximately 3-4 miles to the beaches of Ocean City MD and Fenwick Island. It has water and 8' sewer main that will supply a hotel, shopping center, office complex, medical center, professional center, etc. The lot is cleared, 8 hookups ran to property. Buy it Now Before It's SOLD!!! Owner Financing is available. This is a one of a kind commercial listing in-between Rt 1 and Rt 113.

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34861 W LINE ROAD Facts & Features

  • Type Commercial
  • Sq. ft. 1,156
  • Price/Sq.ft. $3,374
  • Lot 2.80 Acres

Details

General

Association/HOA

  • Association: No

Listing Information

  • Real Estate Owned: No
  • Short Sale: No

Building Information

  • New Construction: No
  • Year Built: 2022

Business Information

  • Business Type: Hotel/Motel,Manufacturing,Recreation,Restaurant/Bar,Shopping Center,Warehouse

Location/Region

  • Country: US
  • County: SUSSEX
  • County Or Parish: SUSSEX
  • In City Limits: No
  • MLS Area Major: Baltimore Hundred (31001)

Parking Information

  • Total Parking Spaces: 0
  • Type of Parking: None

Tax Information

  • County Tax: 16.00
  • County Tax Payment Frequency: Annually
  • School Tax: 129.00
  • Tax Annual Amount: $145.00
  • Tax Assessed Value: 3500.00
  • Tax Year: 2023

General Information

  • Property Sub Type: Land for Commercial Use
  • Property Type: Commercial Sale
  • School District Name: INDIAN RIVER
  • Special Listing Conditions: Standard
  • Vacation Rental: No
  • Year Assessed: 2023
  • Zoning: CR-1

Interior

Building Information

  • Cooling Fuel: None
  • Heating Fuel: None
  • Total Drive In Doors: 0

Parking Information

  • Garage: No

Building Interior

  • Building Area Source: Assessor
  • Building Area Total: 1156.00
  • Central Air: No
  • Hot Water: None

General Information

  • Accessibility Features: None
  • Cooling: None
  • Heating: None

Exterior

Building Information

  • Total Loading Docks: 0

Lot Information

  • Lot Dimensions Source: Assessor
  • Lot Features: Cleared, Corner
  • Lot Size Acres: 2.80
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 121968.00
  • Lot Size Units: Square Feet
  • Water Source: Public Hook-up Available

Waterfront/View

  • Water Oriented: No
  • Water View: No
  • Waterfront: No

Building Exterior/Construction

  • Construction Materials: Frame, Block

General Information

  • Number Of Units Total: 1
  • Sewer: Public Hook/Up Avail
  • Water Access: No

34861 W LINE ROAD Neighborhood

Community

19975 (SELBYVILLE) Demographics

57
Median Age
322
Population Density (per sq. mile)
44%
College Educated
$67,257
Estimated Median Income
3,546
Estimated Total Home Owners
653
Estimated Total Renters
84% / 16%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

34861 W LINE ROAD Monthly Cost

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$ %
%
$
$
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

34861 W LINE ROAD Market Data

Based on the last 30 days in this zip code

$838,285
Average List Price
$315
Average Price per Square Foot
43
Properties Sold
117
Average Days on Market
244
Properties for Sale
Calculations provided by Reliance Network

34861 W LINE ROAD History

Date Event Value Agent
12/3/2024Source: BRIGHT MLS Price Reduction
$2,500,000 -13.8%
12/3/2024Source: BRIGHT MLS Price Increase
$3,400,000 36.0%
12/3/2024Source: BRIGHT MLS Price Increase
$3,900,000 14.7%
12/3/2024Source: BRIGHT MLS Added to Database
August 09, 2022
Listing provided courtesy of Coldwell Banker Realty- MLS# DESU2023364MLS ProviderContact Information: 4438562211