- For Sale $150,000
- Property Type VacantLand
- Lot Size 1.62 Acre
- Date Updated Apr 24, 2026
Description
Townsend, DEThis 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.
Highlights
- Cell phone tower lease has been terminated allowing for greater flexibility
- Existing billboard yearly income: $4,800
- Zoning: NCC "CR"
False
Contacts
Chris Moore, CCIM
LMT CRE
Location
Contact Listing Broker
Chris Moore, CCIM
LMT CRE