4704 Dupont PkwyTownsend, DE 19734

Property Details for 4704 Dupont Pkwy

Year built

1955

Construction

CONCRETE

Lot size

0.78 AC

Property size (Sq ft)

1,288 SF

Zone code

CR

Property type

Retail space

APN

15-010.00-084

APU

1501000084

Description

This exceptional mixed-use property, situated on over three acres at 4704 Dupont Parkway in Townsend, Delaware, presents a rare commercial investment opportunity. Boasting 3,407 square feet of space, this property enjoys a prime location on busy Route 13, benefiting from a high daily traffic count of 22,041 vehicles. The main commercial building offers versatile space ideal for a variety of businesses, particularly those that thrive on high visibility and accessibility. The layout includes a spacious reception/office area, several individual offices, a full bathroom, and a convenient kitchen. A significant advantage is the inclusion of a residential unit, providing potential for owner occupancy or supplemental rental income. This adds considerable flexibility and value to the property. The expansive 3.03-acre lot offers ample room for expansion or outdoor activities related to the business. Furthermore, a brand new septic system has recently been installed, eliminating the ongoing expense of sewer bills. This turnkey property is ready for immediate occupancy and presents a compelling opportunity for a discerning investor seeking a high-traffic location and versatile space. The combination of commercial and residential components makes this a truly unique and attractive investment.

• CAP approach

  CAP return

  Valuation

  6%

  $809,169

  6.5%

  $746,925

  7%

  $693,574

• Comparable approach

  Method

  Valuation

  Relative Method

  $688,340

  Geo Method

  $424,091

• Alternative Use

  Use

  Valuation

  Residential

  $630,059

  Hospitality

  $577,131

  Educational

  $480,166

  Medical

  $496,680

  Retail

  $746,925

Location Insight

City

Townsend

County

New Castle

State

Delaware

Latitude

39.3601

Longitude

-75.6459

CBSA code

37980

CBSA name

PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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