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6396 Summit Bridge rd
Townsend, DE 19734
Land For Sale
·
1.62 AC
Investment Highlights
- Existing billboard yearly income: $4,800
- Zoning: NCC "CR"
- Cell phone tower lease has been terminated allowing for greater flexibility
Property Facts
| Sale Type | Investment | Property Subtype | Commercial |
| No. Lots | 1 | Total Lot Size | 1.62 AC |
| Property Type | Land | ||
| Zoning | NCC "CR" - NCC "CR" | ||
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 1.62 AC |
| Zoning | NCC "CR" - NCC "CR" |
1 Lot Available
Lot
| Price | $150,000 | Lot Size | 1.62 AC |
| Price Per AC | $92,592.59 |
| Price | $150,000 |
| Price Per AC | $92,592.59 |
| Lot Size | 1.62 AC |
Description
This 1.63 +/- acre development property presents an opportunity to acquire land with existing income and future potential. The property includes an existing billboard lease generating $4,800 in annual rental income, providing immediate cash flow. The cell phone tower lease has been terminated, allowing for greater flexibility and opening the site for development. This opportunity is well-suited for owner-users or developers, with in-place income to offset holding costs during planning and approvals.
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