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
- 968 days |
- 108 |
- 1 |
Zillow last checked: 7 hours ago
Listing updated: March 16, 2026 at 12:17pm
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: | ||
| 12/2/2022 | Price change | $640,000-14.7% |
Source: | ||
| 11/9/2022 | Listed for sale | $750,000-54.1% |
Source: | ||
| 3/21/2019 | Sold | $1,633,500+8.9% |
Source: Public Record Report a problem | ||
| 8/11/2017 | Sold | $1,500,000 |
Source: Public Record Report a problem | ||
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 |
| 2021 | $586 +4.1% | $12,750 |
| 2020 | $563 | $12,750 -24.8% |
| 2019 | $563 +0.4% | $16,950 |
| 2018 | $561 -49.2% | $16,950 |
| 2017 | $1,104 +24.8% | $16,950 |
| 2016 | $884 -1.9% | $16,950 |
| 2015 | $902 +1% | $16,950 |
| 2014 | $893 | $16,950 |
Find assessor info on the county website
BuyAbility℠ payment
Estimated monthly payment
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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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.
Local experts in 19975
- Delaware
- Sussex County
- Selbyville
- 19975
- 32474 Lighthouse Rd




