0 Sussex Highway

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0 Sussex Highway

Seaford, DE 19348
Asking Price
$3.70M
Asset Type
Commercial Land
Class
Class B

What's Special

Sussex County Land ~ 37 Ac for SALE <p>OFFERED AS-IS, WHERE - IS</p><p>Sewer, Water & Electric - City of Seaford</p><p>Natural Gas - Chesapeake Utilities</p><p></p><p>Tax Parcel : 3-31-6.00-4.00</p><p></p><p>Current Seaford Taxes: ~ 3,200.00 per year</p><p></p><p>Wetland Study Available upon request</p><p></p><p>ZONING DESCRIPTION. C1 & C2</p><p><span style="color: rgba(0, 0, 0, 1)">Code of the City of Seaford Chapter 15 – Zoning, Land Use and Development</span></p><p></p><p><span style="color: rgba(0, 0, 0, 1)">ARTICLE 21 – C-1 G

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NOI
$80,000
Cap Rate
2.16%
DSCR
0.36
Underwater
Cash-on-Cash
-12.58%
Monthly Payment
$18,305.581
Annual Cash Flow
$-139,666.975

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