Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    Front St Frederica, DE 19946

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    High-visibility lot, ideal for retail development. Excellent ground lease opportunity.

    Property Features for Front St

    General Information

    Property type
    Other commercial real estate
    Lot Size
    38,768 SF

    We can help!

    Listing Contact
    Keith Walpole
    Keith Walpole

    Listing Agency: R&R Commercial Realty Listing Agent: Keith Walpole

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    This exceptional 0.89-acre commercial lot is situated at 0 Front Street in Frederica, Delaware. Its prime location offers unparalleled visibility and accessibility, being within two miles of the new Kent County Regional Sports Complex, a significant draw for increased traffic and consumer activity. The property boasts a level, rectangular shape, making it exceptionally suitable for various development projects. The zoning designation is BG, permitting retail, gas/convenience store, and hotel uses. All necessary utilities, including water and sewer, are readily available on-site. A compelling financial opportunity exists with a $70,000 annual ground lease. The property's proximity to the nearly completed Dollar General Market further enhances its commercial viability and potential for significant return on investment. This is a rare chance to acquire a highly desirable commercial parcel in a rapidly growing area. The land's size and shape offer flexibility for a variety of development plans, catering to a range of commercial ventures. The strategic location and existing infrastructure make this an exceptional investment opportunity. Serious inquiries are encouraged.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Frederica
    County
    Kent
    State
    Delaware
    Longitude
    -75.46473
    Latitude
    39.00925

    Nearby Similar for Sale

    • $705,000
      0.71 Acres

      Restaurant Space Near Delaware Route 1

      Former restaurant space with BG zoning and high visibility available for sale.
      7821 Old Bch Rd, Frederica, DE 19946
      View Details
    • $415,000
      Pending

      Specialty Property For Sale

      Specialty property available for purchase.
      226 Bowers Beach Rd, Frederica, DE 19946
      View Details
    • $626,439
      Pending

      Frederica Specialty Property For Sale

      Specialty property in Frederica, Delaware available for purchase.
      0004 Barratts Chapel Rd, Frederica, DE 19946
      View Details
    • $97,900

      Serene 55+ Community Mobile Home

      Spacious 3-bedroom, 2-bathroom mobile home in a peaceful 55+ community.
      222 Kiwi Ct, Frederica, DE 19946
      View Details
    • $159,000
      0.22 Acres

      Bowers Beach Commercial Lot

      Prime Coastal Land, Endless Potential
      3520 Main St, Frederica, DE 19946
      View Details
    • $619,000
      3,200 SF

      Frederica Commercial Property - High Visibility

      High-visibility commercial building, 0.45 acres, many uses.
      6975 Old Bch Rd, Frederica, DE 19946
      View Details
    • $299,000
      8,700 SF

      Prime Frederica Retail Space

      8,700 SF Retail Building - $299K
      2 Market St, Frederica, DE 19946
      View Details

    FAQs

    What type of property is this?
    Commercial real estate - High-visibility lot, ideal for retail development. Excellent ground lease opportunity.
    Where is this commercial real estate located?
    The property is located at Front St Frederica, DE.
    (302) 674-3400
    Request Owner's contact information
    Front St Frederica, DE 19946
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Front St
    Frederica, DE 19946
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Front St Frederica, DE 19946
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Keith Walpole
    Keith Walpole
    Real Estate License ID: RS-0014425
    (302) 674-3400 (302) 236-7053 (302) 226-2200
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!