4564 Dupont HwyDover, DE 19901
- Other commercial real estate
- 1,677 SF
Property Details for 4564 Dupont Hwy
- Year built
- 1955
- Lot size
- 2.70 AC
- Property size (Sq ft)
- 1,677 SF
- Zone code
- IG
- Property type
- Other commercial real estate
- APN
- 4-00-047.03-01-02.00-000
- APU
- 40004703010200000
Description
This exceptional 5.6-acre commercial land parcel presents a unique investment opportunity in Dover, Delaware. Located at 4564 N Dupont Hwy, this property boasts a prime location on the east side of North DuPont Highway, conveniently situated north of the North Dover SR 1 Interchange. The site comprises five parcels, zoned IG and RS1 (General Industrial), offering versatility for a range of development projects. Envision retail, office, hospitality, or multi-family residential uses on this strategically positioned land. The property features 150 feet of frontage along the heavily trafficked DuPont Highway (35,200 vehicles daily), ensuring high visibility and accessibility. Existing infrastructure includes sewer and water connections, simplifying development. Two dwelling units are currently on the site. While some trees are present, the absence of wetlands or other significant development obstacles streamlines the construction process. Offered at $1,682,000, this fee simple ownership presents a compelling opportunity for significant return on investment. The property's zoning and location make it an exceptional prospect for developers seeking a high-impact commercial venture in a thriving Delaware market.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $820,349
- Hospitality
- $751,435
- Educational
- $625,185
- Medical
- $646,686
- Retail
- $972,511
Location Insight
- City
- Dover
- County
- Kent
- State
- Delaware
- Latitude
- 39.2126
- Longitude
- -75.5694
- CBSA code
- 20100
- CBSA name
- DOVER, DE METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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