Prime commercial location in Selbyville of 10.09 acres. This is a rare commercial development opportunity on the busy intersection of Lighthouse Sound Rd. (Route 54) and Hudson Rd. There are already many existing new homes surrounding this property and more than 3,200 additional homes are coming soon. This is the perfect location for a shopping center, multiple smaller retail businesses, and/or medical or other professional offices to serve these homes and the entire Selbyville, Bayside, Fenwick, Ocean City area. The Seller will finance up to 70% of the purchase price at 1 percent below the current prime lending rate for up to 5 years. If you are interested in only the highly visible corner piece on Hudson Rd. and RT 54 seller will sell a 3-acre parcel on that corner for $3 million. This is an incredible business opportunity. The property is located 8 miles from the beach.
Lot/land
Price cut: $2M (12/26)
$5,900,000
32474 Lighthouse Rd, Selbyville, DE 19975
--beds
--baths
8.4Acres
Unimproved Land
Built in ----
8.4 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 888 days |
- 109 |
- 1 |
Zillow last checked: 8 hours ago
Listing updated: December 26, 2025 at 02:39am
Listed by:
Nancy Reither 410-603-5050,
Coldwell Banker Realty 4438562211
Source: Bright MLS,MLS#: DESU2044978
Facts & features
Property
Lot
- Size: 8.4 Acres
Details
- Parcel number: 53317.00182.00
- Zoning: TN
- Special conditions: Standard
Utilities & green energy
- Sewer: Other
- Water: None
Community & HOA
HOA
- Has HOA: No
Location
- Region: Selbyville
Financial & listing details
- Tax assessed value: $12,750
- Annual tax amount: $527
- Date on market: 7/26/2023
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
- Ownership: Fee Simple
Estimated market value
Not available
Estimated sales range
Not available
$1,723/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 12/26/2025 | Price change | $5,900,000-25.3% |
Source: | ||
| 1/1/2024 | Price change | $7,900,000+75.6% |
Source: | ||
| 8/30/2023 | Price change | $4,500,000-8.2% |
Source: | ||
| 7/26/2023 | Listed for sale | $4,900,000+665.6% |
Source: | ||
| 7/19/2023 | Listing removed | $640,000 |
Source: | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $611 +0.1% | $12,750 |
| 2023 | $610 +1.4% | $12,750 |
| 2022 | $602 +2.6% | $12,750 |
Find assessor info on the county website
BuyAbility℠ payment
Estimated monthly payment
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Neighborhood: 19975
Nearby schools
GreatSchools rating
- 8/10Showell (Phillip C.) Elementary SchoolGrades: K-5Distance: 2 mi
- 7/10Selbyville Middle SchoolGrades: 6-8Distance: 1.7 mi
- 6/10Indian River High SchoolGrades: 9-12Distance: 6.1 mi
Schools provided by the listing agent
- District: Indian River
Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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