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$1,100,000
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Property Description
Explore this versatile 4.66-acre property, zoned Light Industrial (LI-2), offering potential for numerous business ventures. The site includes a 6,000 sq ft warehouse, equipped with four 14'x14' roll-up doors and individual access doors. Whether you prefer to occupy the entire space or lease out portions for extra income, this property provides options. The current owners are actively pursuing permits to construct an additional 6,000 sq ft of warehouse space and a further 6,000 sq ft of office space on the property's street frontage. An asphalt driveway and parking lot are already in place. The Building also benefits from an entirely new Electric service including 3 phase as well as a new metal roof and LED lighting. Take advantage of significant tax benefits and its convenient proximity, just one mile from the Maryland/Delaware border.
Full Property Details
Full Property Details for 9320 Old Racetrack Rd
General
- Price: $1,100,000
- Taxes: $534 (2025)
- Status: Active
- Type: Warehouse
- Source: BrightMLSMidAtlantic
- MLS ID: DESU2100330
- Updated: 1/7/2026
- Added to Site: 78 day(s) ago
Business
- Business Type: Auto Related, Flex, Manufacturing, Storage, Warehouse
Parking
- Total Spaces: 35
- Parking Type: Driveway, Parking Lot
Location
- Area: Little Creek Hundred (31010)
- County: SUSSEX
- Driving Directions: Follow Rt 13 North across the De line and make a left on Line Rd. Follow to a right on Bi State Blvd. Follow .75 miles to left on Old Racetrack. follow .3 miles to a left onto the new asphalt driveway. continue back through the fence and the warehouse is on the left.
- City Limits: Yes
School Information
- Middle School: Delmar
- High School: Delmar
Heating & Cooling
- Cooling Type: None
- Cooling Fuel: Electric
- Heating Type: None
- Heating Fuel: Electric
- Water Heater: Electric
Utilities
- Sewer: Mound System, Septic Pump
- Water: Private, Well
Structural Information
- Construction: Metal Siding
- Roof: Metal
- Drive-In Doors: 4
- Drive-In Clearance: 12' to 15'
- Year Built: 1989
- Year Built Source: Estimated
- Property Condition: Good
Unit Information
- # Tenants: Multiple
Lot Features
- Lot Size (Acres): 4.66
- Lot Size (Sq. Ft.): 202,990
- Lot Size Source: Assessor
- Zoning: HI-1
Financial Considerations
- Assessment Year: 2025
- School Tax: $503
- County Tax: $31
- County Tax Freq: Annually
- Tax Amount: $534
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Lot Number: 74
Listed by NAI Coastal, George Timothy Merritt
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Schools
Schools serving 9320 Old Racetrack Rd
School Districts:Delmar School District, Wicomico County Public Schools
| Name | Grades | Distance |
|---|---|---|
Delmar Middle School 200 North 8th Street, Delmar, DE 19940 | 5-8 | 0.7 mi |
Delmar Elementary School 811 South 2nd Street, Delmar, MD 21875 | PK-4 | 1.1 mi |
Delmar High School 200 North 8th Street, Delmar, DE 19940 | 9-12 | 0.7 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 9320 Old Racetrack Rd
Date
Details
Price
Change
Source
1/07/2026
Price Reduced
$1,100,000
-15.38%
MLS
11/10/2025
Listed
$1,300,000
116.67%
MLS
6/09/2023
Sold
$600,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 9320 Old Racetrack Rd
Year
Property Taxes
Change
Tax Assessment
Change
2025
$542
-84%
$68,000
—
2023
$3,436
1%
$68,000
—
2023
$3,390
3%
$68,000
—
2022
$3,290
-6%
$68,000
—
2021
$3,504
4%
$68,000
—
2020
$3,370
—
$68,000
—
2019
$3,374
—
$68,000
—
2018
$3,365
—
$68,000
—
2017
$3,361
—
$68,000
—
2016
$3,352
-4%
$68,000
—
2015
$3,500
21%
$68,000
—
2014
$2,884
-6%
$68,000
—
2013
$3,074
—
$68,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 9320 Old Racetrack Rd
9320 Old Racetrack Road, Delmar, DE 19940 (MLS# DESU2100330) is a Warehouse property. 9320 Old Racetrack Road is currently listed for $1,100,000 and was received on November 10, 2025. Want to learn more about 9320 Old Racetrack Road? Do you have questions about finding other Warehouse real estate for sale in Delmar? You can browse all Delmar real estate or contact a Coldwell Banker agent to request more information.

