Absolute Real Estate Auction - Georgetown, DE

Absolute Real Estate Auction - Georgetown, DE

Commercial Property on 13.23 Acres in Sussex County, DE to be sold to the highest bidder!

Property to be sold for the US Marshals Service

Property Inspection - May 21st from 11AM-1PM

Property Description -

Formerly Safe Haven Animal Hospital - Over $5 Million Invested in the Property

• Site Size - 13.23 +/- Acres

• Zoned AR-1 - Please refer to Sussex County for Permitted Uses

• Building Size - 11,000 +/- s.f.

• Load-Bearing Structural Insulated Panels

• LEED Certified “Green” Building

• Concrete Floors, Gypsum Wallboard

• Acoustical Tile Ceiling

• Geothermal Heat

• Solar Hot Water

• Vegetative Roof

• Intake & Medical Services Wing

• Administration Building

• Main Cat Facility

• Main Dog Facility

• Private Well/Septic

• Ample Gravel Parking - 50 +/- (Front & Back)

• Dirt Driveway from Shingle Point Road

• Asphalt paved Cul de sac

• Very Good Quality/ Average Condition

Location:

Sussex County is the southernmost and largest of Delaware's three counties, in terms of its

geographical area. In fact, its 960 square miles make up 49% of the total land statewide. It is

located near the center of the Delmarva Peninsula and is bounded on the north by Kent County,

on the west and south by Maryland's Eastern Shore, and on the east by the Atlantic Ocean and the

Delaware Bay. The center of Sussex County is located approximately 93 miles southeast of

Baltimore, 107 miles east of Washington D.C., 216 miles south of New York City and 25 miles north

of Salisbury, Maryland. In total, there are 25 incorporated municipalities within Sussex County.

Overall, the facility is typical of a modern animal sanctuary and displays no major visible evidence

of deferred maintenance. The subject does exhibit functional (design) obsolescence since it is considered

to be somewhat of an over-improvement given its high level of construction for the area as well as economic

(locational) obsolescence given the challenging market in which to sell a high quality special purpose

property like the subject in a somewhat rural location. Overall construction quality is very good and

considered superior to older animal rescue facilities; the condition is average. It appears the building is

functional for its intended use.

The subject is located in a mixed use area of agricultural and residential dwellings as well as some

small commercial properties; is zoned primarily for residential and agricultural uses; and was formerly an

animal sanctuary.

As vacant, it appears that some sort of residential use would be the highest and best use, given its

size and location.

The improvements are structurally sound and of very good quality and average condition. They

clearly have substantial contributory value to the property overall and are functional for their former use as

an animal sanctuary. However, alternative uses may need to be considered given the specific construction

of the property. Alternative uses may require some renovation. Under the present zoning ordinance, the

improvements appear to represent a legal conforming use and are consistent with the physical and

economic characteristics of the neighborhood. Furthermore, there is no evidence to suggest a possible

zoning change in the near future.

Property to be sold in cooperation with Compass Resort Real Estate - RB0002884

Terms - A deposit of 10% of the purchase price will be collected on the day of the auction with the balance due in 45 days. A 10% buyer premium will be added to the final purchase price. All realty tax and transfer fees to be paid by the buyer at time of settlement. Please Note - Deposit funds must include $25,000 certified check with the balance of the 10% paid by personal/business check.