I'd consider selling it. I'm sure there's a 100lb GIS gorilla that would snap you up. Have you tried waving it at them. I'm afraid the only one I know is MapInfo who I'm sure got bought out by Pitney Bowes back around 2005?
Thanks. To sell to a larger company I think I'd need to build a small company first with at least a handful of employees. I'm trying to step away from this code if I can to focus on another app, and generally large companies only want to buy software that come with personnel.
I think you're presuming too much. As long as your code is documented and you're willing to release all potential IP claims as part of the sale I can imagine there would be someone interested in buying this straight out. You might even be able to sell them some kind of limited support/consultation agreement where you don't do code but can answer questions for a fixed period of time. It's not like you're doing some kind of business exit strategy. You're just selling off an asset from your portfolio.