The median home value in Greenwood, DE is $376,000.
This is
higher than
the county median home value of $350,000.
The national median home value is $308,980.
The average price of homes sold in Greenwood, DE is $376,000.
Approximately 67% of Greenwood homes are owned,
compared to 24% rented, while
9% are vacant.
Greenwood real estate listings include condos, townhomes, and single family homes for sale.
Commercial properties are also available.
If you like to see a property, contact Greenwood real estate agent to arrange a tour
today! Learn more about Greenwood Real Estate.
Could this be your next Passive Income generator? Storage Units? Flex Spaces? Trailer Park? Driving range/Batting Cages Go Carts? Front of property was Formerly a trailer park with five or six existing hookups for well and septic in unknown condition. 8.11 Highway Acres 7.5 Acres +/- Property zoned General Business - Previously a Manufactured Home Park with potential to convert to Commercial Zoning - 325 on Rt 13 & Joggers Lane - Listing also includes Tax Map Parcel (1.31-11.00-14.01) a 150 x 150 Parcel zoned Commercial. Located right across from a Turnaround on Busy Rt 13 Sussex Highway Buyers to do thier own diligence, check with Sussex County P&Z for additional zoning information!
This site ingress/egress from 2 entrances off Sussex Highway as well as 2 entrances off of Rifle Range Road. The corner location provides good accessibility. Good visibility is provided as a result of the heavy volume of vehicular traffic along Sussex Highway. This parcel is improved with a 21,900 SF, allocated as 19,000 to showroom and 2,960 SF to warehouse. There is 13,000 SF of open furniture showroom, 5,600 SF of recliner showroom, 400 SF passageway and 2,960 SF metal warehouse with overhead door.
New six acre development project in growing Bridgeville, DE with access and visibility on Rt13/404 and S Main St. Current plan includes a 21,000sqft strip center, multiple 2,500sqft pad sites and 5,000sqft pad sites along with a multi-unit commercial building but the plan can be altered for the specific needs of the buyer. All utilities on-site and ready to go. Existing buildings on the property some of which are currently occupied with lease income. This project can be completed in phases if that is the preference.
Welcome to the Apex Centre, one of the largest and most prestigious working Horse Farms in Delaware. Known as many Equestrian professionals as the best location and most suitable stables on the Eastern shore. The Apex Centre has been the host of many large shows, events, trainings, clinics, private parties, corporate events, camping, and weddings. With just over 80 acres, if it can be dreamt it can be possible. New Delaware agriculture movements allow for additional uses with the 20 acres of tillable land. There's another 20 acres of woodlands at the very rear of the farm for multiple uses such as hunting or camping. The remaining 40 acres cover 15 thousand feet of vinyl fencing that provide function and beauty covering 6 large pastures including 5 run-ins evenly disbursed throughout the area. The main stable was built in 2008 with comfort, safety, and stability in mind. Construction consisted of deep concrete footers, tung and grove pine boards from floor to ceiling, and a sloped roof that can hold heavy snow loads without the fear of compromise. Lighting has been installed throughout for 24-hour access and sufficient lighting for the early Sunsets and Sunrise. The main stable is nearly 30,000 square feet featuring 39 matted and level stalls, 21 stalls are 12'x14' luxury window stalls and 18 are 12'x12' center aisle stalls. Each stall was meticulously designed to comfort each horse, their rider, and guests. In the middle of the main stable are two 400 square feet temperature-controlled tack rooms, two ready rooms, an enclosed hot/cold wash bay, and a 12'x 12' feed room. The center of the main stable features a finished 4000 square foot temperature-controlled entertainment venue with a restroom, kitchen with modern appliances, guest areas and conference center used for large gatherings, office space, lounging or a viewing area overlooking the stables on one side and a sliding glass door to view the 12,000 square foot indoor arena. The indoor arena has enough space for ground level seating and a viewing area with multiple uses and multiple entry points. There's no lack of parking space around the main stable with endless parking for guest trailers, RV's, cars and trucks. There are three oversized entry way doors and five pedestrian entry points. The second stable is approximately 2500 square feet currently used for equipment, storage, and maintenance. Featuring a 17' X 36' concreted shop area and an 36' x 48' open area. This area could easily be converted to a guest area, additional stables, or gardening house. For outdoor shows and events there are two outdoor rings, one is 45,000 square feet and the other is just under 8,000 square feet. The Apex Centre wouldn't be complete without the recently remodeled farmhouse. Currently used for trainers and care takers just a short walk from the stables is a 3 bedroom and 1.5 bath home built in 1922 and remodeled in 2021 featuring a new roof, upgraded cabinets, counters, fixtures, and hardwood floors. Additional features include sunroom, unfinished basement and attic. Outside the home are two RV electric hook ups. Perfect for the vacationer or extended guests to train. Listed as Commercial, Farm, and Residential.
Prime highway location with approximately 3300 square foot of space on .69 acres backing up to 160 acres of farm field, 200-foot road frontage and 150 foot deep. Considering its condition, location, age, and accessibility, this would be considered a Class-B commercial building, needing very minor modifications to make it a Class-A facility. DelDot commercial approved entry with heavy duty under structure for large load capacity. 2022 AADT 22,000+. 220VAC 3Phase, heat pumps, 2 large rollup doors with level roll-in capacity. ADA compliant. Extremely large walk-in freezer and refrigerator, extra-large capacity septic for future expansion. Slab foundation, metal roof, extra interior, above floor, storage, overhead lighting. Plenty of parking for autos and delivery trucks, other abled parking with ADA accessible shop entry. Zoned AR-1 with conditional use (former deli.) No land lease, low taxes- approximately $640 annually, not in municipal limits so no town tax. Flood zone X - Not in the 100 or 500 year flood zone.
Mixed-Use Investment Opportunity - 3 Parcels 5.52 +/- Acres on Bridgeville Hwy, Seaford, DE Addresses: 22596, 22556 & 22572 Bridgeville Hwy, Seaford, DE Unique opportunity to acquire a 3-parcel mixed-use property package in a high-visibility location along Bridgeville Highway in Seaford, Delaware. This income-producing portfolio includes one commercial-residential mixed-use building and two standalone residential properties. 22572 Bridgeville Hwy - A prime mixed-use building featuring the well-established Tavern and Package Store on the ground floor and residential apartment above, offering dual income streams. Perfect for investors seeking steady cash flow from both commercial and residential tenants. Car Lot with 900 +/- SF Office. 22556 & 22596 Bridgeville Hwy - Two residential properties, ideal for long-term rental income, future redevelopment, or owner occupancy. 22556 consisting of 5,000 +/- SF 6 Bed & 4 Bath and 6 apartments behind tavern and Large 6,000 SF garage. 22596 consisting of 1,040 +/- SF residential property. This portfolio offers flexibility, income diversity, and location benefits-just minutes from Route 13 and central Seaford retail and services. Key Features: 3 contiguous parcels totaling residential and commercial space Turnkey bar/lounge business with strong community presence Apartment units for additional rental income Potential for further development or reconfiguration High-traffic area with great road frontage and visibility Ideal for investors, live/work setups, or multi-use redevelopment Seize this rare chance to own a versatile and income-generating set of properties in the heart of Sussex County. Financing available to qualified buyers at Seller's discretion
Remarkable Opportunity for Professionals! This exceptional real estate listing presents 6,600 square feet of professional office space, perfectly designed to meet the needs of your business, 5,000 which is leased. Notably, the property is fully handicap accessible, ensuring inclusivity and convenience for all employees, clients, and visitors. Generous on-site parking further adds to the accessibility and ease of use for everyone. The property features a large pylon, offering excellent visibility and a prominent presence for your brand. In addition to its impressive features, the owner is willing to consider owner financing for a qualified buyer, adding a unique and advantageous opportunity to secure this property. Unit 302 has been freshly painted and professionally cleaned.
MEDICAL OFFICE INVESTMENT OPPORTUNITY! +/- 4,800 SF Medical office Building occupied by a nationally recognized tenant. Current lease ends 12/31/28 with annual 3% rent increases and two 3 year options and a NNN lease. Class A, newly constructed building in 2021. This stable medical corridor also houses Tidal Health Hospital, Family Dentistry practices and multiple other Medical and Professional offices.
Prime commercial opportunity located on heavily trafficked S Dupont Blvd (US-113) in Milford, DE. This C-3 zoned property offers two versatile buildings totaling over 4,408± SF. The front building features 2,208 SF of space ideal for retail, office, or service-oriented businesses with excellent visibility and direct road frontage. The rear building provides an additional 2,200 SF, perfect for storage, light industrial use, or expansion of business operations. Situated on a sizable lot with ample parking, this location is ideal for an owner-user or investor seeking exposure in a rapidly growing commercial corridor. Minutes from Route 1 and downtown Milford.
Own a little piece of Italy right here in Seaford. Established in 2020, this Italian Market and Deli was conceived and cultivated with love and pride. The potential for growth is unlimited. Specializing in Italian food, Deli subs meats and cheeses, fresh bread daily, family size dinners, gift baskets and catering. Don't miss this opportunity. The Owners regret the need to sell for family obligations. The owners are open to training new a buyer to ensure smooth transition. 3-year assumable lease upon credit approval. Don't miss this opportunity!
NNN Leased Industrial Investment property in Seaford, DE in the Seaford Industrial Park. Current income is $290,623. Tenants reimburse for taxes and insurance. 2 strong tenants. Offered at an 8% cap rate. Seaford, DE is business friendly with no inventory tax and no sales tax. Economic Incentives are offered through the City of Seaford. Located in the Opportunity Zone. Property consists of 5 buildings totaling 42,660 square feet. Building 1 - All office / showroom - fully conditioned - 1 overhead door and 1 restroom Building 2 - 21' ceiling with 20 x 40 heated and cooled office. Offers 1 restroom. 3 Drive-in Doors Building 3 - 21 ceiling height. Natural gas suspended heaters. Small office with heat & air and restrooms. 3 Drive-in doors Building 4 - 21- ceiling height. Natural gas heaters. No office area. 3 Drive-in doors Building 5 - 21' ceiling height. Natural gas suspended heaters. Small office with heat & air and 2nd office space with air and portable heat when needed. All buildings are well insulated with concrete floors.
High-Yield Investment Property outside of city limits but adjacent to water, public water, and sewer- Fully Leased with Immediate Cash Flow! This prime mixed-use property is a turnkey investment generating $11,800/month in gross rental income ($141,600/year) across multiple income-producing assets: Breakdown of Rental Income: Commercial Spaces: Unit 1 (Tire Shop): $1,500/mo Unit 2 (Barber Shop): $1,500/mo Unit 3 (Barber Shop): $2,000/mo Unit 4 (Grocery Store): $1,800/mo Residential Units - 7 Mobile Homes: Trailer 1: $1,400/mo Trailer 2: $1,000/mo Trailer 3: $650/mo Trailer 4: Not paying rent Trailer 5: (Lot Rent Only): $550/mo Trailer 6: $600/mo Trailer 7: $800/mo Stable Tenants + Expansion Potential = Strong ROI Net Operating Income (NOI): $131,600/year (after estimated $10,000 annual expenses. Estimated Cap Rate: 15%+ (based on list price - excellent return in todays market!) Low Overhead: Minimal owner expenses with separate electric meters and long-term tenants. Value-Add Opportunity: â?? Trailer 7 is not generating income, but it will be an instant income boost once it does! Why This Property? It is fully leased with a strong rental history Diversified income streams (commercial + residential) Minimal owner responsibilities Planned improvements for increased revenue High cash-on-cash return potential Perfect for investors seeking a high-yield, low-maintenance portfolio addition! Schedule a showing today!
Apx. 2.33 commercial acres (zoned CR-1) with highway frontage on Sussex Hwy., N/B lane of Route 13 north of Laurel and south of Seaford. No buildings currently on site. Improved with 4 lighted billboards (2 double-sided). Site evaluation has been completed and indicates a standard septic system may be installed. Survey (from 2014) in attachments. High visibility on Route 13N with traffic count in excess of 25,000 vehicles daily.
Conveniently located commercial condo suite in Seaford, DE. This suite offers 5,912sf made up of multiple exam rooms, private offices, bullpen/admin area break room etc. Join the established medical and professional users at the 543 Shipley Professional Suites in a building offering easy access for employees and patients.
Consisting of two-story 5,600 sq. ft. of office space, this commercial building sits right in the busy downtown Milford. Sitting in the heart of Milford's business district makes this building a perfect location for any business. This building features 9 offices, 2 bathrooms, a kitchenette, and 1 conference room. Don't miss out on your chance to see this conveniently located building! Lessee has the first right of refusal. This property is in the Downtown Development District Program small or large Grant programs and additional State & Local Incentives.
PRICE IMPROVEMENT! Bring Offers! Welcome to your downtown business opportunity in the central business district of Milford DE! Just under a quarter acre of commercial property with multiple permitted uses on the Mispillion River! Huge, clean, 2 story building with plenty of space for your business needs! Presently it has a showroom, office space, storage rooms, large drive in garage area, paint booth area, bathroom, and sewing room upstairs with more storage space. Then you have another section with separate entrance and electric that has plenty of open space and a bathroom. Have a separate business, utilize the extra space, or lease out the space for income! Sixteen inch beams on the ceiling, 20 feet of ceiling clearance, and a recently updated flat roof. Sidewalk in the front and private parking lot on the side included. Behind the building is the Mispillion River for nice water views and park views just across the River. Sale includes 2 parcels. Currently being operated as an Auto Trim and Accessories Shop that has been in business over 30 years! Business, equipment, and inventory not included in sale but could be negotiated separately. Continue with the current business type use that is in place or create your own business venture from one of the many permitted uses. A few ideas are flower shop, restaurant, retail, barber, Craft distillery and microbrewery, tavern, antique shop, laundry, and more. See the City of Milford Website for a complete list of uses and also included in the photos. Additional public parking is available at next door shopping center. Take advantage of the â??Downtown Development Districtâ? opportunities for new businesses. Some of these opportunities include rebates on construction costs, building permit and impact fees waived, and stay of assessed value. Contact the city for more details. You are also in a Federal Opportunity Zone. The City of Milford has a population just over 10,000 and is a city split between Kent and Sussex Counties of Delaware. It is rich in history with ship building as a major industry in the early days, as the Mispillion River goes right to the Delaware Bay. Today you have a growing city with many businesses downtown, riverwalk area, dog park, public park, nature trail, kayak/boat launch, shopping centers, public library, and many annual town events including parades. Location is just 30 minutes to resort beaches and only a few miles to the shore along the Delaware Bay. Be sure to click the virtual tour link for a video tour! Have a business looking for more room or looking to start a business? Call today!
Looking for a Commercial / Residential property this perfect farm house is waiting for you. The house sits on a little over 2.5 acres with an open floor plan and gas fireplace that heats your hold house. 3 bedrooms nice size living area and a large garage. Close to Killens Pond Park and only 30 minutes to the beach. So dont wait come check out this house and see for your self. House is being SOLD â??AS ISâ?
This 3 acre property with high visibility and direct access to Route 20 East is an exceptional opportunity for development. There is 1 acre fronting Rt 20 that is commercially zoned (C-1), and the remaining two acres are residentially zoned (R-1) with commercial re-zoning capability. The property includes 1, 400 SF vacant building that can be utilized or removed from the property. Water and sewer services are provided by the Town of Seaford. Seller Offers 3 Sale Options: - 1 Acre of C-1 Zoned Rt 20 frontage, with 1400 SF vacant building for $425,000 - 1 Acre of C-1 Zoned Rt 20 frontage, with 1 Additional Acre of R-1 zoned property with re-zoning option for $525,000 - 1 Acre of C-1 Zoned Rt 20 frontage, with 2 Additional Acres of R-1 zoned property with re-zoning option for $625,000
Great Investment opportunity! Here is your chance to own your own Mobile Home Park which includes 1 Single Family Home 3 Bedrooms ,1 Bath you can reside in OR rent the home out also. Park currently has 10 Trailers that pay Lot Rent. 1 Trailer & 1 Single family Home owned by Park Owner. Total of 12 existing units all on their own Septic's and 1 Well House. (Single family home has Public Water) Park has room for 9 extra lots. (currently vacant) Located within minutes to Downtown Federalsburg which includes Restaurants, shopping and Parks. 1 hour to Bay Bridge, and less than 1 hour to Delaware and Maryland Beaches! Buyer to verify all information with County in regards to current conditions and further expansion. Call for more details.
Investment Opportunity! Well located commercial property priced below replacement cost! Skip the regulatory headaches and start collecting income on Day 1. Currently 2 units but could be 3. Plenty of parking with room for expansion. Long term history of occupancy and fully occupied now. New HVAC system installed in the salon in 2025. Affordable commercially zoned buildings don't come along often. Don't wait to check this out.
NN Lease Industrial Investment Property. 3 Years remaining but tenant does have option for early termination. Current rent is $306,349. Tenant is responsible for taxes, insurance and utilities. Opportunity Zone. Cannabis cultivation may be permitted in this location. 49,813 sq.ft. manufacturing facility on 5.586 acres. 5 docks (8 x 8) and 1 drive-in door (8 x 8). 3 Phase Electric capacity 480 - steps down to 280. Manufacturing facility is heated with propane hanging heaters. 6" water line. Electrical drops and compressed air lines throughout the production/manufacturing area. Column spacing of of 50' across and 20' depth. 18' ceiling height. 2,000 sq.ft. of 2nd floor office space overlooking the production area with new a/c, new heat pump and new duct work. Offers conference room, executive offices, private offices and restrooms. Approx 40 parking spaces plus 15 trailer spaces. 5+ acre site offers room for expansion. The Federalsburg Industrial Park is located 1 mile from downtown Federalsburg on MD Route 313. The park is equipped with electricity, water, sewer, broadband access and offers paved roads and fire and police protection. The Maryland & Delaware Railroad line borders the park. The park is located near several ports: Baltimore 80 miles, Philadelphia 124 miles, Norfolk 170 miles and New York 207 miles. - NN Leased Industrial Investment - Federalsburg Industrial Park - 3 years remaining (tenant has option for early termination) - Currently in year 2 with $306,349 in rent - Opportunity Zone - Federalsburg Industrial Park - Potential for cannabis use. - 49,813 sq.ft. industrial facility on 5.586 acres - 5 Docks - 1 Drive-in Door
Exclusive Commercial Development Opportunity! . Attention, savvy investors and visionary developers: Your moment to command the commercial landscape has arrived. Nestled along the prestigious Route 404 in Maryland, this rare offering of three expansive lots is your gateway to unparalleled success. With a harmonious blend of visibility, accessibility, and boundless potential, this prime real estate is meticulously designed for those with a discerning eye for lucrative ventures. . Unrivaled Accessibility: . Situated for maximum exposure, these lots offer commanding visibility from Route 404, ensuring that your development captures the attention of thousands daily. The seamless on/off access to Double Hills Road, enhanced by a prominent 4-way stoplight, guarantees effortless connectivity. This strategic positioning places your future project at the heart of a vibrant transportation network, promising unparalleled convenience and reach. . Unleash Your Vision: . Imagine harnessing the raw potential of these expansive parcels, totaling 4.68 acres, to bring your ambitious vision to life. Whether you dream of creating a sophisticated commercial complex, a dynamic retail hub, or a versatile mixed-use development, the possibilities are limitless. The terrain is your blank canvas, ready to be transformed into a landmark of innovation and excellence. . Ready for Development: . While public sewer or water services are currently absent, these lots have successfully passed percolation tests, demonstrating their readiness for development. Supported by reliable Choptank Electric service and benefiting from the completed 404 Dualization, your project will be equipped to thrive and endure. This infrastructure readiness ensures a seamless transition from concept to reality. . Commanding Additional Income: . An existing home on the property, currently leased on a month-to-month basis, enhances this exceptional opportunity. This additional revenue stream provides a solid foundation as you embark on your grand development journey. The flexibility of this arrangement allows you to generate income while meticulously planning and executing your vision. . Dominant Investment Strategy . Each lot is distinctly identified by Tax ID numbers - 0603034151 (1.31 acres), 0603034143 (1.56 acres), and 0603034135 (1.81 acres) - offering a transparent and organized investment structure. This acquisition promises immediate returns and long-term dominance in Maryland's highly competitive commercial real estate market. Your strategic investment will position you as a key player, poised for sustained success and growth. . Your Time to Act is Now: . The opportunity to assert your dominance in Maryland's commercial arena has never been more compelling. Rally your resources and stake your claim on these commanding lots today. Victory favors those who dare to seize it - and your moment to triumph is here. . Transform your vision into reality and become a leader in Maryland's commercial landscape. Contact us now to secure your exclusive commercial development opportunity on Route 404. Your future of success and prosperity awaits.
