6396 Summit Bridge Rd, Townsend, DE for sale

Investment Overview

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.

Investment Highlights

• Existing billboard yearly income: $4,800
• Cell phone tower lease has been terminated allowing for greater flexibility
• Zoning: NCC "CR"