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Property profile & analytics
OFF-MARKET
Commercial real estate

Front St Frederica, DE 19946

0.89 ac lot
Property ID
Property summary
AI-generated 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
Verified
Property type Commercial real estate
Lot 0.89 ac (38,768 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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