19388 Old Landing Road

Rehoboth Beach, DE 19971

$13,878,000
Price
447,796 / 10.28
Lot Size / Acres

Description

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,...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.
  1. Listed by PAUL TOWNSEND • Jack Lingo - Lewes
    P: 3026452207 paul@jgtownsend.com
  2. Listed by Darlene Townsend • Jack Lingo - Lewes
    P: 3026452207 darlene@delaware.net

Property Details for 19388 Old Landing Road

Tax ID Number
334-12.00-123.01
Ownership
Fee Simple
Condo Coop Association
No
HOA
No
Waterfront
No
Garage
No
Central Air
No
Construction Completed
No

Location

Listing Courtesy of Jack Lingo - Lewes
Add your commute
LISTING UPDATED: 05/06/2024 09:49 AM

Property Details for 19388 Old Landing Road

StatusActive
MLS #DESU2048532
Days on Market241
Taxes$4,208 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand / Fee Simple
Year Built-
Lot Size10.28 AC
CountySussex County

Location

Listing Courtesy of Jack Lingo - Lewes
Add your commute

Building Information for 19388 Old Landing Road

Lot Size10.28 AC

Payment Calculator

$76,089 per month

30 year fixed, 7.25% Interest

Principal and Interest

$75,738

Property Taxes

$351

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 19388 Old Landing Road

Location
Location
  • In City Limits: No
  • School District Name: CAPE HENLOPEN
  • School District County ID: 300200396895
  • SchoolDistrictSource: Listing Agent
  • County: SUSSEX
  • MLS Area: Lewes Rehoboth Hundred (31009)
Waterfront / Water Access
Waterfront / Water Access
  • Water View: No
  • Water Access: No
  • Water Oriented: No
  • Navigable Water: No
  • Tidal Water: No
  • Riparian Rights Y/N: No
Association / Community Info
Association / Community Info
  • Association Recreation Fee Y/N: No
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2023
  • Tax Assessed Value: $85,450
  • Year Assessed: 2023
  • County Tax: $385
  • Improvement Assessed Value: $34,050
  • Clean Green Assessed: No
  • Land Use Code: 999
  • Zoning: CR-1
  • Zoning Dscrp: Commercial-Residential-1
  • School Tax: $3,828
  • School Tax Payment Frequency: Annually
  • Automatically Update Tax Values Y/N: Yes
  • TaxDataUpdatedYN: No
Lease Information
Lease Information
  • Lease In Effect: Yes
Financial Information
Expenses
  • Income Expense List: Annual Ground Rent
Building Info
Lot / Land Information
Farm Information
  • Farm Land Preservation Y/N: No
Lot / Land Information
  • Lot Size Source: Estimated
  • Lot Features: Cleared, Irregular
  • Current Use: Agriculture, Office, Other, Commercial
  • Road Frontage Length: 1,332.00
  • Parcel ID: 5189764
  • Additional Parcels: No
  • Ground Rent Exists: Yes
Utilities
Utilities
  • Water Source: Public
  • Sewer Septic: Gravity Sept Fld, Public Hook/Up Avail
  • Electric Service: 100 Amp Service
Confidential Data
Listing Office
  • List Agent AOR: Sussex County Association of REALTORS (DE)

Property History for 19388 Old Landing Road

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 19388 Old Landing Road

Taxable ValueLand$51,400Additions$34,050Total$85,450
Tax Record2023$4,208 ($351 / month)
Home Facts
Lot Size444,312 SqFtStyleMiscellaneous CommercialZoningCR-1CountySUSSEXAPN334-12.00-123.01

Schools near 19388 Old Landing Road

This home is within Cape Henlopen School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Rehoboth Elementary School
PublicK to 5

Mariner Middle School
Public6 to 8

Cape Henlopen High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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19388 Old Landing Road is a 10.28 ac of land for sale in Rehoboth Beach, DE 19971. This property was listed for sale on September 20, 2023 by Jack Lingo - Lewes, it's currently listed at $13,878,000. It has been on the market for a total of 241 days and was last sold on August 9, 2022. This listing's school district is Cape Henlopen School District. Nearby schools include Rehoboth Elementary School, Mariner Middle School and Cape Henlopen High School. 19388 Old Landing Road is a 0-bed, 0-bath, 10.28 ac of land on a 447,796 sq. ft. / 10.28 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Jack Lingo - Lewes

Based on information from one of the following Multiple Listing Services: BRIGHT, Greator Scranton Board of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greator Scranton Board of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.