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    Front St Frederica, DE 19946

    For Sale
    Contact for pricing

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

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    309
    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 Features for Front St

    General Information

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

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    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
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    Front St Frederica, DE 19946
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    Frederica, DE 19946
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    Realmo Value Estimation

    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.

    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.

    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
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