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$145,000 -$5,000 (-3.33%) Price Reduced

  • For Sale
  • Active
  • Commercial Investment
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PRICE REDUCED $5000.00!!! OWNER WANTS IT SOLD!!!! Vacant Commercial lot in the town limits of Laurel DE. Conveniently located with easy access to Rt 13 North and South and Rt 24 East to all the beaches and MD counties to the West. Lot is cleared and ready to build with public water and sewer available. If your looking to start a business or move your existing business then this is the lot for you. STOP paying a lease and invest in having a property of your own for your business to grow! Contact the Town of Laurel for all the available options for the use of this property!

Full Property Details for Lot 2 1118 S Central Ave

General

  • Price: $145,000
  • Taxes: $458 (2025)
  • Status: Active
  • Type: Commercial Investment
  • Source: BrightMLSMidAtlantic
  • MLS ID: DESU2101576
  • Updated: 3/21/2026
  • Added to Site: 106 day(s) ago

Business

  • Business Type: Other

Parking

  • Parking Type: Other

Location

  • Area: Little Creek Hundred (31010)
  • County: SUSSEX
  • Driving Directions: From the intersection of Rt 13 & Rt 24, take Rt 24 West. Then left on South Central Avenue. Follow for about 3/4 of a mile and the property will be on the right side. Lot is to the right of the Family Dollar Store. Realtor sign will be posted on the property.
  • Location Details: Business District
  • City Limits: Yes

Heating & Cooling

  • Cooling Type: None
  • Heating Type: None
  • Water Heater: None

Utilities

  • Sewer: Public Hook/Up Avail
  • Water: Public Hook-up Available

Structural Information

  • Construction: Other
  • Property Condition: Excellent

Unit Information

  • # Tenants: Single

Lot Features

  • Property View: Street
  • Lot Size (Acres): 1.06
  • Lot Size (Sq. Ft.): 46,174
  • Lot Size Source: Estimated
  • Lot Dimensions: 159' x 297'
  • Frontage Feet: 160
  • Street/Road Desc.: Paved
  • Zoning: TN
  • Lot Description: Cleared, Level, Open, Road Frontage

Financial Considerations

  • Assessment Year: 2025
  • School Tax: $245
  • City/TownTax: $199
  • City/TownTax Freq: Annually
  • County Tax: $14
  • County Tax Freq: Annually
  • Tax Amount: $458
  • Tax Year: 2025

Disclosures and Reports

  • Ownership: Fee Simple
  • Lot Number: 2

Listed by Are Pros., MICHAEL WEBSTER

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Listing agent

— Lot 2 1118 S Central Ave —

  • MICHAEL WEBSTER

    Are Pros.

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving Lot 2 1118 S Central Ave

School District:Laurel School District
NameGradesDistance
Laurel Elementary School, Laurel, DE
801 South Central Avenue, Laurel, DE 19956
1-50.3 mi
North Laurel Elementary School
300 Wilson Street, Laurel, DE 19956
PK-K1.3 mi
Laurel Intermediate Middle School
1133 South Central Avenue, Laurel, DE 19956
6-80.3 mi
Laurel Senior High School
1133 South Central Avenue, Laurel, DE 19956
9-120.3 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for Lot 2 1118 S Central Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
3/21/2026
Price Reduced
$145,000
-3.33%
MLS
12/08/2025
Listed
$150,000
-92.5%
MLS
9/26/2016
Sold
$2,000,000
—
Public Record
Get Price Alerts and Save Property
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 for Lot 2 1118 S Central Ave

Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,928
-23%
$65,100
—
2023
$3,781
15%
$65,100
—
2022
$3,274
1%
$65,100
—
2021
$3,246
-2%
$65,100
—
2020
$3,327
—
$65,100
—
2019
$3,337
-9%
$65,100
—
2018
$3,648
3%
$65,100
—
2017
$3,533
-6%
$65,100
—
2016
$3,757
1035%
$65,100
879%
2015
$331
13%
$6,650
—
2014
$294
3%
$6,650
—
2013
$286
—
$6,650
—
View All
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 for Lot 2 1118 S Central Ave

$
Down Payment
%
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%

$
$

*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by Are Pros., MICHAEL WEBSTER

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Lot 2 1118 S Central Avenue, Laurel, DE 19956 (MLS# DESU2101576) is a Commercial Investment property. Lot 2 1118 S Central Avenue is currently listed for $145,000 and was received on December 08, 2025. Want to learn more about Lot 2 1118 S Central Avenue? Do you have questions about finding other Commercial Investment real estate for sale in Laurel? You can browse all Laurel real estate or contact a Coldwell Banker agent to request more information.

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