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36097 Zion Church RoadFrankford, DE 19945Price: $2,950,000

  • Price: $2,950,000
  • 82 Days on Market
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Federal 30-year interest rate: 2.77% last updated on Jan 21, 2021
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $2,950,000List Price
  • 4.03Acreage
  • 2017Year Built

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State-of-the-art self-storage opportunity in the center of the fast-growing southeast quadrant of Sussex County--hundreds of building lots approved within 5 miles of the site! Constructed in 2017, 260-unit storage facility encompasses 10 buildings with two additional buildings approved and shovel-ready for construction. Includes a separate adjoining parcel with rental office/residence, all situated on a total of 4 +/- acres. 96% Leased. Majority of units are climate controlled with non-climate controlled units along with outdoor Boat and RV storage area. Unit sizes are 5 x 5, 5 x 10, 10 x 10 and 10 x 15. Property features electronic gate access and a 24-hour, sensor-sensitive video surveillance system. Storage Facility Service Area: Frankford, Fenwick Island, Selbyville, Bethany Beach, Dagsboro, Ocean View, Millville, Millsboro, Roxana in Delaware as well as Berlin, Bishopville, Ocean City & Ocean Pines in Maryland.Stabilized rental history with solid NOI ideal 1031 Exchange property approved site plans for expansion of self-storage and office/residence parcel all zoned CR-1, a valuable broad commercial zoning classification that is now closed. Financial data available with a Non- Disclosure Agreement signed by the prospective buyer.

Property Details of 36097 Zion Church Road

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Listed by BOB WHEATLEY of KELLER WILLIAMS COMMERCIAL

Copyright 2021 BRIGHT, All Rights Reserved.  Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which The Real McCoy Team | Coldwell Banker Residential Brokerage participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.Data last updated January 26, 2021. Some properties which appear for sale on this website may no longer be available because they are under contract, have Closed or are no longer being offered for sale.

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