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Listed by George Timothy Merritt • NAI Coastal
$1,300,000
Est. payment /mo
4.66 Acres Lot
New
9320 OLD RACETRACK RD Delmar, DE 19940
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Key Details
Property Type Commercial
Sub Type Industrial
Listing Status Active
Purchase Type For Sale
MLS Listing ID DESU2100330
Year Built 1989
Annual Tax Amount $534
Tax Year 2025
Lot Size 4.660 Acres
Acres 4.66
Lot Dimensions 0.00 x 0.00
Property Sub-Type Industrial
Source BRIGHT
Property Description
Explore this versatile 4.66-acre property, zoned Light Industrial (LI-2), offering potential for numerous business ventures. The site includes a 6,000 sq ft warehouse, equipped with four 14'x14' roll-up doors and individual access doors. Whether you prefer to occupy the entire space or lease out portions for extra income, this property provides options. The current owners are actively pursuing permits to construct an additional 6,000 sq ft of warehouse space and a further 6,000 sq ft of office space on the property's street frontage. An asphalt driveway and parking lot are already in place. The Building also benefits from an entirely new Electric service including 3 phase as well as a new metal roof and LED lighting. Take advantage of significant tax benefits and its convenient proximity, just one mile from the Maryland/Delaware border.
Location
State DE
County Sussex
Area Little Creek Hundred (31010)
Zoning HI-1
Interior
Hot Water Electric
Heating None
Cooling None
Heat Source Electric
Exterior
Garage Spaces 35.0
Water Access N
Roof Type Metal
Accessibility None
Total Parking Spaces 35
Garage N
Building
Sewer Mound System, Septic Pump
Water Private, Well
New Construction N
Schools
Middle Schools Delmar
High Schools Delmar
School District Delmar
Others
Tax ID 532-20.00-14.01
Ownership Fee Simple
Special Listing Condition Standard
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