Listed by SVN | Miller Commercial Real Estate Salisbury
$2,200,000
Coastal Bodegas Industrial Park
Details
Property Type Industrial, Land
Sub Type Commercial, Development
Buildings 4
Acreage 5.670
Industrial
Marketing description
Located just off Business RT 113 on Dagsboro Road
Entitled Industrial Development | 5.67 Acres | Dagsboro, Delaware
Rare opportunity to acquire a fully entitled industrial development in the heart of rapidly growing Eastern Sussex County. This 5.67-acre C-2 industrial property offers immediate income with significant near-term upside through approved expansion, making it ideal for investors, developers, or owner-users seeking stabilized cash flow combined with value-add development potential.
Investment highlights
- Entitled Industrial property with one of 4 buildings completed and Tenant in place (see lease in documents tab).
- One more 3200 SF, and two 6400 SF buildings are approved and shovel ready Late April/Early May
- Current International Tenant is NN generating 40K in annual rent Y1, 43K in Y2, $46,400 in Y3
- All wetlands delineation is completed
- Community Well & Septic is in place with DNREC inspecting main drain field in April w/ FINAL inspection Late April/Early May
Listing Contacts
Listed by SVN | Miller Commercial Real Estate Salisbury
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