For Sale
$1,100,000

0 King AveNew Castle, DE 19720

1.48 Acres, Commercial Zoning, $1.1M

Overview

Added:
Dec 11, 2024
Days on market:
118
This exceptional 1.48-acre commercial land parcel presents a unique investment opportunity in New Castle, Delaware. Located at 0 King Ave (Churchman's Road), the property boasts a highly desirable CR (Commercial Regional/NCC) zoning designation, opening doors to a wide range of development possibilities. All essential utilities are readily available on-site, including water, sewer, and electricity, simplifying the development process and minimizing upfront costs. An existing stormwater pond is already in place, further reducing infrastructure hurdles. Adding to the property's appeal is an included billboard lease, generating immediate passive income potential. The strategic location in New Castle County, Delaware, with a 19720 zip code, offers excellent access to major transportation routes and a thriving local economy. This is a turnkey opportunity for developers seeking a well-situated, fully-serviced lot ready for immediate development. The asking price for this exceptional property is $1,100,000. Don't miss this chance to acquire a prime piece of commercial real estate in a rapidly growing area.

Highlights

  • 1.48-acre commercial lot zoned CR (Commercial Regional/NCC) in New Castle, DE.
  • All utilities (water, sewer, electric) available on-site.
  • Includes existing billboard lease generating passive income.
  • Existing stormwater pond on site.

Property Details for 0 King Ave

Property type
Land
Lot Size (sq. ft)
64,469 SF

Location Insight

City
New Castle
County
New Castle
State
Delaware
Latitude
39.6810673
Longitude
-75.6261813
King Ave, New Castle, Delaware

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0 King Ave
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