299 Dupont HwyDover, DE 19901

  • Other commercial real estate
  • 87,330 SF
For Lease

Property Details for 299 Dupont Hwy

Year built
2005
Lot size
7.20 AC
Property size (Sq ft)
87,330 SF
Zone code
SC2
Property type
Other commercial real estate
APN
2-05-068.14-01-03.06-000
APU
20506814010306000

Description

This exceptional 1-acre commercial land parcel presents a unique investment opportunity in Dover, Delaware. Located at 299 N Dupont Hwy, this single-tenant pad site is ideally suited for a variety of retail developments, particularly those requiring drive-thru capabilities. The property's zoning allows for a wide range of uses, making it an attractive option for businesses seeking high visibility and convenient access. Situated in Kent County, this location benefits from strong demographics and high traffic counts along the heavily traveled Dupont Highway. The site's one-acre footprint provides ample space for building construction and associated parking. The property is offered as a ground lease opportunity, providing a flexible and potentially lucrative investment strategy. This prime location offers excellent visibility and accessibility, making it an ideal site for a thriving retail business. The property's strategic placement ensures high traffic volume and exposure to a large customer base. Serious inquiries are encouraged to explore the potential of this exceptional retail land parcel. The property is located in the vibrant city of Dover, Delaware, offering a strong local economy and a growing population. This is a rare opportunity to acquire a highly desirable retail pad site in a prime location. Further details regarding lease terms and conditions are available upon request.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $42,719,788
    Hospitality
    $39,131,096
    Educational
    $32,556,614
    Medical
    $33,676,284
    Retail
    $50,643,620
299 Dupont Hwy, Dover, Delaware

Location Insight

City
Dover
County
Kent
State
Delaware
Latitude
39.1726
Longitude
-75.5176
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
$68,660
$177,100
$2,155,500
$2,332,600
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