Your email has been sent.
6396 Summit Bridge rd
Townsend, DE 19734
Land For Sale
·
1.62 AC
Investment Highlights
- Cell Tower Yearly Income: $8,820 (Not yet constructed)
- Total Yearly Passive Investment Income: $13,620
- Existing Billboard Yearly Income: $4,800
- Zoning: NCC "CR"
Property Facts
| Sale Type | Investment | Property Subtype | Commercial |
| No. Lots | 1 | Total Lot Size | 1.62 AC |
| Property Type | Land | ||
| Zoning | NCC "CR" - NCC "CR" | ||
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 1.62 AC |
| Zoning | NCC "CR" - NCC "CR" |
1 Lot Available
Lot
| Price | $205,058 CAD | Lot Size | 1.62 AC |
| Price Per AC | $126,578.71 CAD |
| Price | $205,058 CAD |
| Price Per AC | $126,578.71 CAD |
| Lot Size | 1.62 AC |
Description
This 1.63 +/- acre investment property offers a unique opportunity to acquire land with built-in passive income. A cell tower is currently under development on the site, which may impose certain restrictions on future development. However, the tower provides a long-term income component, generating $8,820 in annual rent beginning in 2027. In addition, the property includes an existing billboard lease producing $4,800 in annual rental income, providing immediate cash flow. Combined, the site offers over $13,620 in annual income once the cell tower lease commences. This opportunity is well-suited for investors seeking stable supplemental income, land banking potential, or a passive investment with minimal management.
