Current Use by Public Records
- Commercial real estate
Property Details for Front St
- Lot size
- 0.89 lot acres
- Property type
- Commercial real estate
Description
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.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Frederica
- County
- Kent
- State
- Delaware
- Longitude
- -75.4647
- Latitude
- 39.0093
