24877 Lewes Georgetown Hwy, Georgetown, DE 19947

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APN: 135-11.00-67.00

24877 Lewes Georgetown Hwy, Georgetown, DE 19947

Lot

Land Use
Farm
Lot Area (SF)
Lot Area (Acres)
Zoning
Frontage
Depth

Building

Year Built
Year Renovated
Stories
Number of Buildings
Existing Floor Area Ratio
Commercial Units
Residential Units
Total Units
Building Area
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Reported Ownership

Reported Owner
Mailing Address

Contact Information

Phone Number
Email Address
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Recorded Sales

Date Sales Price Buyer Seller Sales Doc # Multi-Property Sale
2018-09-24
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Mortgage Records

Date Lender(s) Amount Doc # Maturity Date Crossed-Debt Parcels
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Tax Data

2017
Total Assessed Value
Assessed Land Value
Assessed Improvement Value
Total Market Value
Land Market Value
Improvements Market Value
Tax Amount
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Popular searches around Georgetown

Reonomy operates the most comprehensive database for Georgetown Farm and other commercial real estate assets across the U.S. Reonomy includes over 47 million commercial real estate properties, each property features sales, debt, tax and ownership data. Reonomy attracts a large community of Georgetown commercial real estate professionals. Members from Georgetown include brokers, investors and service providers, many of whom specialize in Georgetown Farm.

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Georgetown farm sold prices and values

The average assessed value of farms in Georgetown is $18,218. Farm sale prices in Georgetown have a median of $180,000. The last 24 months of sales history has seen 49 sales, with 17 sales greater than $250,000, 0 sales valued at over $1,000,000, and 0 sales valued at over $10,000,000. The average price per square foot of farms in Georgetown over the last 24 months is $115.

Values and sold prices (last 24 months) United States Delaware Georgetown
Average price/sqft $295 $155 $113
Median price/sqft $97 $120 $115
Average sold price $920,964 $462,183 $437,177
Median sold price $196,630 $336,353 $180,000
Number of sales 249,482 2,696 49
Number of sales over $250k 106,949 1,920 17
Number of sales over $1m 27,836 141 --
Number of sales over $10m 2,979 -- --
Average total tax amount $2,466 $703 $628
Average assessed value $128,667 $25,166 $18,218
Average market value $192,513 $17,995 $38,074

Georgetown farm property averages

The average lot size of farms in Georgetown is 1,099,192 sf. This is 133% above the Delaware average.

Property averages United States Delaware Georgetown
Average lot size 2,910,951 sf 1,126,793 sf 1,903,316 sf
Median lot size 1,472,621 sf 217,566 sf 1,099,192 sf
Average building area 274 sf 125 sf 94 sf
Median building area 64 sf 91 sf 48 sf
Median year built 1976 1987 1994
Average number of units 2 16 --
Median number of units -- 16 --

Georgetown farm total supply

There are 1,009 farms in Georgetown. This is 185% below the Delaware average. The total acerage is 33,207 acres and the aggregate building area for farms in Georgetown is 12,716 sf.

Supply United States Delaware Georgetown
Number of parcels 7,551,634 27,656 1,009
Aggregate lot acerage 248,019,826 479,326 33,207
Aggregate building area 135,270,670 sf 343,483 sf 12,716 sf
Aggregate units 367,272 16 --

Georgetown farm industrial mortgages

There are 690 mortgages for farms across Georgetown in the Reonomy database. The average value of those mortgages is $991,104. This is 133% below the Delaware average.

Debt United States Delaware Georgetown
Number of mortgages 2,750,904 30,524 690
Average value of mortgages $3,031,211 $4,982,039 $991,104

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