440 S RAILROAD AVENUE Georgetown, DE 19947

$1,330,000
440 S RAILROAD AVENUE, Georgetown, DE 19947
1000198130

Commercial Property for sale in Georgetown, DE

for $1,330,000. The lot size is 0X0.

Property Information

  • $1,330,000
  • Commercial
  • Taxes are $73
  • Other / Unknown
  • Active
  • Lot size of 0X0
  • Georgetown, DE
  • Sussex County
  • MLS/Web ID is 1000198130

Description

Development Opportunity! 12 units per acre! This 38 acre vacant lot is located across from the airport in Georgetown on the corner of Railroad Ave and Airport Road. It is zoned Light Industrial 2. Light Industrial 2 consists of a building or land used for general light industrial, warehousing, and storage uses, including certain open or enclosed storage of products, material and vehicles. A document of permitted uses is included in the supplements.

Room Information

  • Master Bedroom

Neighborhood & Schools

School District: INDIAN RIVER

 See complete school information

Listed By

Broker: JACK LINGO LEWES

440 S RAILROAD AVENUE, Georgetown, DE, 19947 is a Commercial Property for sale at $1,330,000 with a lot size of 0X0. The property's zip code is 19947 which is in Georgetown, DE

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Market Pricing

Average % of sale price Median % of sale price
All listings in Georgetown $355,461 73 % below $291,000 78 % below
Commerical listings in Georgetown $459,923 65 % below $325,000 76 % below
Sold listings in Georgetown $131,331 90 % below $128,750 90 % below

Get the facts about Georgetown, DE!

Population 6,821
Population Growth (since 2000) 34 %
Median Income $46,849
Median Age 32.18
Households w/ Children 30 %

Residential Dwellings

  • Owned 1099
  • Vacant 182
  • Rented 820

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