19388 Old Landing Road Rehoboth Beach, DE $ 10,280,000
19388 Old Landing Road
$ 10,280,000
Share Save

19388 Old Landing Road

Rehoboth Beach, DE, 19971
$ 10,280,000
Baths0.0

Monthly Estimate*

$ 71,809

19388 Old Landing Road, Rehoboth Beach, DE 19971 - Image 1
19388 Old Landing Road, Rehoboth Beach, DE 19971 - Image 2
19388 Old Landing Road, Rehoboth Beach, DE 19971 - Image 3
19388 Old Landing Road, Rehoboth Beach, DE 19971 - Image 4
19388 Old Landing Road, Rehoboth Beach, DE 19971 - Image 5
19388 Old Landing Road, Rehoboth Beach, DE 19971 - Image 6
Studio

Lots and Land for sale in Rehoboth Beach, DE

for $10,280,000. The lot size is 10.28.

10.28 +/- Acres Zoned CR-1 next to Walmart & visible from Route 1. Prime commercial development opportunity with 298 feet road frontage on Rehoboth Mall Blvd AND 1034 feet road frontage on Old Landing Rd. Public water line is in and public sewer is available. Farmhouse is currently leased. Fully functional 3-car garage with 4th bay large enough to fit a motor home or boat. 3rd building is also functional with concrete block & concrete floor, window units, and electric heat. Barn on property is condemned, DO NOT ENTER!!! **DelDot has proposed a road R.D.W. through this property. See attached diagrams for impact on property. They also have a "new" intersection at Airport Road proposed.** Owners are Licensed Delaware Realtors. Listing Agent has Financial Interest.

See more

Lots and Land Active

Price

$ 10,280,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 4,208

Style

Agriculture,Office,,Commercial

Lot Size

10.28

Town/City

Rehoboth Beach

County/Region

Sussex

MLS | Web ID

DESU2048532

Features
General
Sewer Gravity Sept Fld Public Hook/Up Avail
Possession Settlement
Zoning CR-1
Exclusions All contents of office and garage that we are leasing to others will be excluded with the sale. Chassis and engine of old Jeep under overhang attached to barn will be excluded with the sale. There m
Electric 100 Amp Service
Property SubType Land
Tax Year 2023
Current Use Agriculture Office Other Commercial
Percent Ownership Fee Simple
County SUSSEX
Property Type Land
HOA / Comm Assn N
Possible Use Commercial Residential
Water Access Y/N N
Status ACTIVE
Directions PROPERTY IS ADJACENT TO WALMART IN REHOBOTH BEACH. Entrance to property is directly across from Airport Rd. From Route 1 turn onto Old Landing Rd. Property is on the right. Look for the signs.
City REHOBOTH BEACH
Buyer Agent Compensation 2.5
Disclosures Agent has Financial Interest Owner RE Licensee
Zoning Description Commercial-Residential-1
MLS Area Lewes Rehoboth Hundred (31009)
Lot Size Square Feet 447796.80
Waterfront Y/N N
Street Name OLD LANDING
Tax Annual Amount 4208.0
Condo/Coop Association Y/N N
Clean Green Assessed Y/N N
Price Per Sq Ft 22.96
Acceptable Financing Cash Conventional
Additional Parcels Y/N N
Lease Considered Y/N N
Vacation Rental Y/N N
Days on Market 210
Sussex DE Quadrants Between Rt 1 & 113
Standard Status Active
Buyer Agent Compensation Type % Of Gross
Association Recreation Fee N
See more
Exterior
Lot Features Cleared Irregular
Water Source Public
Water View Y/N N
Lot Size Acres 10.28
Lot Size Units Square Feet
Lot Size Source Estimated
Navigable Water Y/N N
Water Oriented Y/N N
See more
Interior
Street Suffix ROAD
See more
Internal Only
Street Number 1 19388
See more
* Excluded Features
List By
Jack Lingo - Lewes

Broker

paul@jgtownsend.com

Email

Affordability Calculator

$72,160
Per Month
100%
0%
0%
Monthly Principal & Interest
$71,809
Monthly Property Taxes
$351
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
2314408 Elementary School
2314409 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/20/2023$10,280,000 Listed Price

Map


See all

19388 Old Landing Road, Rehoboth Beach, DE, 19971 is a Lots and Land for sale at $10,280,000 with a lot size of 10.28. 19388 Old Landing Road is a studio with 0.0 baths. The property's zip code is 19971 which is in Rehoboth Beach, DE