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$350,000 Sale Pending
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Property Description
This spacious 2,400 sq. ft. commercial office building, zoned C-1, offers endless possibilities for businesses in Laurel, DE. Situated on a .84-acre lot, the property features 12+ parking spots, ensuring ample convenience for employees and clients. Inside, you'll find multiple offices, two bathrooms, a kitchenette, and a large supply room. Energy-efficient solar panels (owned) means the seller currently pays no electricity bill, providing significant cost savings. With its prime location and modern amenities, this property is perfect for businesses looking to grow in a high-traffic area.
Full Property Details
Full Property Details for 11516 Commercial Ln
General
- Price: $350,000
- Taxes: $1,572 (2024)
- Status: Pending
- Type: Commercial
- Source: BrightMLSMidAtlantic
- MLS ID: DESU2075064
- Updated: 12/17/2024
- Added to Site: 43 day(s) ago
Business
- Business Type: Professional
Parking
- Total Spaces: 12
- Parking Type: Parking Lot
Location
- Area: Little Creek Hundred (31010)
- County: Sussex
- Driving Directions: Start on Sussex Hwy, turn right onto Trussum Pond Rd, left onto Commercial Lane, and the home is on the left.
Heating & Cooling
- Central air: Yes
- Cooling Type: Central A/C
- Cooling Fuel: Electric
- Heating Type: Forced Air
- Heating Fuel: Electric
- Water Heater: Electric
Utilities
- Sewer: On Site Septic
- Water: Well
Structural Information
- Construction: Vinyl Siding
- Stories/Levels: 0
- Year Built: 2002
- Year Built Source: Estimated
Unit Information
- # Tenants: Single
Lot Features
- Lot Size (Acres): 0.84
- Lot Size (Sq. Ft.): 36,590
- Lot Size Source: Estimated
- Lot Dimensions: 346.00 x 200.00
- Zoning: C-1
Financial Considerations
- Price Per Sq. Ft.: $145.83
- Assessment Year: 2024
- School Tax: $1,433
- County Tax: $137
- County Tax Freq: Annually
- Tax Amount: $1,572
- Tax Year: 2024
Disclosures and Reports
- Ownership: Fee Simple
Listed by RE/MAX Advantage Realty, Pamela Price
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Schools
Schools serving 11516 Commercial Ln
School District:Laurel School District
Rating | Name | Grades | Distance |
---|---|---|---|
801 South Central Ave, Laurel, DE 19956 | 1-4 | 0.9 mi | |
Laurel Intermediate School
801 S Central Avenue, Laurel, DE 19956 | 5-6 | 1 mi | |
North Laurel Early Learning Academy
600 Wilson St, Laurel, DE 19956 | PK-K | 1.4 mi | |
1131 S Central Ave, Laurel, DE 19956 | 7-8 | 0.8 mi | |
1133 S Central Ave, Laurel, DE 19956 | 9-12 | 0.8 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 11516 Commercial Ln
Date
Details
Price
Change
Source
12/04/2024
Listed
$350,000
45.83%
MLS
9/22/2020
Sold
$240,000
—
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 11516 Commercial Ln
Year
Property Taxes
Change
Tax Assessment
Change
2023
$1,572
-13%
$30,950
—
2023
$1,798
16%
$30,950
—
2022
$1,556
1%
$30,950
—
2021
$1,543
-2%
$30,950
—
2020
$1,582
—
$30,950
—
2019
$1,587
-8%
$30,950
—
2018
$1,734
3%
$30,950
—
2017
$1,680
-6%
$30,950
—
2016
$1,786
16%
$30,950
—
2015
$1,541
13%
$30,950
—
2014
$1,366
3%
$30,950
—
2013
$1,329
—
$30,950
—
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 11516 Commercial Ln
11516 Commercial Lane, Laurel, DE 19956 (MLS# DESU2075064) is a Commercial property. 11516 Commercial Lane is currently listed for $350,000 and was received on December 04, 2024. Want to learn more about 11516 Commercial Lane? Do you have questions about finding other Commercial real estate for sale in Laurel? You can browse all Laurel real estate or contact a Coldwell Banker agent to request more information.