This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/1
$110,000
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/1
Property Description
PRICE REDUCED $20,000.00!!! 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
Full Property Details for Lot 2 1118 S Central Ave
General
- Sold For: $110,000
- Taxes: $458 (2025)
- Status: Closed
- Type: Commercial Investment
- Source: BrightMLSMidAtlantic
- MLS ID: DESU2101576
- Added to Site: 278 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
Get Pre-Approved Today
Schools
Schools serving Lot 2 1118 S Central Ave
School District:Laurel School District
| Name | Grades | Distance |
|---|---|---|
Laurel Elementary School, Laurel, DE 801 South Central Avenue, Laurel, DE 19956 | 1-5 | 0.3 mi |
North Laurel Elementary School 300 Wilson Street, Laurel, DE 19956 | PK-K | 1.3 mi |
Laurel Intermediate Middle School 1133 South Central Avenue, Laurel, DE 19956 | 6-8 | 0.3 mi |
Laurel Senior High School 1133 South Central Avenue, Laurel, DE 19956 | 9-12 | 0.3 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
Date
Details
Price
Change
Source
8/31/2026
Sold
$110,000
-15.38%
MLS
4/27/2026
Price Reduced
$130,000
-3.7%
MLS
4/17/2026
Price Reduced
$135,000
-3.57%
MLS
4/06/2026
Price Reduced
$140,000
-3.45%
MLS
3/21/2026
Price Reduced
$145,000
-3.33%
MLS
12/08/2025
Listed
$150,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Lot 2 1118 S Central Avenue, Laurel, DE 19956 (MLS# DESU2101576) is a Commercial Investment property that was sold at $110,000 on August 31, 2026. This property was sold by Brad Smith from our Coastal Delaware Office.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.


