861 Dupont HwyNew Castle, DE 19720
- Commercial land
- 5.90 AC
Property Details for 861 Dupont Hwy
- Lot size
- 5.90 AC
- Zone code
- CR
- Property type
- Commercial land
- APN
- 10-045.30-005
- APU
- 1004530005
Description
This exceptional 5.9-acre commercial land parcel in New Castle, Delaware, presents a remarkable investment opportunity. Located at 861 S Dupont Hwy (Route 13 South), this property boasts 643 feet of highway frontage and a depth of 400 feet, ensuring maximum visibility and accessibility. The site is strategically positioned near the ramp to the Delaware Beach Route (Route 1), benefiting from high traffic volume exceeding 30,000 cars daily. A pre-existing billboard further enhances marketing potential. Its convenient location offers easy access to major thoroughfares, including Route 40, Christiana Mall, I-95, Christiana Hospital, and Delaware Park Race Track and Casino, all within a short distance via Route 1. The property is zoned Commercial Regional, allowing for a variety of uses including self-storage, hospitality, retail, and restaurants. Recently appraised at the asking price of $1,400,000, supporting documents are available upon request. The site is ready for immediate development, with new commercial construction already underway in the immediate vicinity. This prime location and versatile zoning make this a truly exceptional opportunity for commercial development in a thriving Delaware market. The building shown in any marketing materials has been demolished.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $125,720,336
- Hospitality
- $115,159,152
- Educational
- $95,811,064
- Medical
- $99,106,152
- Retail
- $149,039,424
Location Insight
- City
- New Castle
- County
- New Castle
- State
- Delaware
- Latitude
- 39.6237
- Longitude
- -75.6407
- 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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