4564 Dupont HwyDover, DE 19901

  • Other commercial real estate
  • 1,677 SF
For Sale
$1,682,000 View listing

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
4564 Dupont Hwy, Dover, Delaware

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

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$1,045
$23,300
$11,800
$35,100
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