3230 Philadelphia PikeClaymont, DE 19703
- Retail properties
- 7,224 SF
Property Details for 3230 Philadelphia Pike
- Year built
- 1920
- Construction
- CONCRETE
- Lot size
- 0.45 AC
- Property size (Sq ft)
- 7,224 SF
- Zone code
- CN
- Property type
- Retail properties
- Property subtype
- Retail space
- APN
- 06-084.00-547
- APU
- 608400547
Description
This exceptional retail property, situated at 3230 Philadelphia Pike in Claymont, Delaware, presents a compelling investment opportunity. Boasting a highly visible location on Philadelphia Pike, this 0.45-acre lot offers significant potential for a variety of commercial ventures. The property's prime position within an up-and-coming area of Claymont ensures high traffic volume and excellent exposure to potential customers. The existing structure presents numerous possibilities for redevelopment or adaptive reuse, catering to a wide range of business needs. The substantial lot size allows for ample parking and potential expansion. This property is ideally suited for entrepreneurs and investors seeking a strategic foothold in a thriving Delaware market. Its prominent location and development potential make it an attractive proposition for those seeking to establish a successful business in a high-growth area. Further details regarding the property's specifics are available upon request. This is a rare opportunity to acquire a strategically located retail property in a rapidly developing area of Claymont, Delaware. Don't miss out on this chance to secure a prime commercial space with significant upside potential. Contact us today to learn more and schedule a viewing.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $4,538,383
- 6.5%
- $4,189,276
- 7%
- $3,890,042
-
Comparable approach
- Method
- Valuation
- Relative Method
- $3,860,691
- Geo Method
- $2,378,597
-
Alternative Use
- Use
- Valuation
- Residential
- $3,533,812
- Hospitality
- $3,236,952
- Educational
- $2,693,106
- Medical
- $2,785,726
- Retail
- $4,189,276
Location Insight
- City
- Claymont
- County
- New Castle
- State
- Delaware
- Latitude
- 39.7996
- Longitude
- -75.4611
- CBSA code
- 37980
- CBSA name
- PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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