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    8977 Dupont Blvd Lincoln, DE 19960

    Sponsored
    For Sale
    $480,000

    High-traffic location, versatile space, great potential.

    Property size:
    3,300 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional mixed-use commercial property, located at 8977 Dupont Boulevard in Lincoln, Delaware, presents a unique investment opportunity. The 3,300 square foot building sits on a 0.69-acre lot, boasting 200 feet of road frontage and a depth of 150 feet. Its prime highway location offers excellent visibility and accessibility, with a 2022 AADT of 22,000+. The property backs onto 160 acres of farmland, providing a tranquil backdrop. Currently classified as Class B, the building requires only minor modifications to achieve Class A status. Features include a DelDot-approved commercial entry, a heavy-duty understructure for large load capacity, 220VAC 3-phase power, heat pumps, and two large roll-up doors with level roll-in capabilities. The property is ADA compliant and includes an extremely large walk-in freezer and refrigerator, along with an extra-large capacity septic system, allowing for future expansion. Additional features include a slab foundation, a metal roof, ample above-floor interior storage, and overhead lighting. Extensive parking is available for cars and delivery trucks, with designated ADA-accessible parking and shop entry. Zoned AR-1 with conditional use (former deli), this property benefits from low taxes (approximately $640 annually) and is not subject to municipal taxes. Importantly, it's located in Flood Zone X, outside the 100 and 500-year floodplains. This property offers significant potential for a variety of commercial uses.

    Property Features for 8977 Dupont Blvd

    General Information

    Property type
    Mixed-use properties
    Square Feet
    3,300 SF
    Lot Size
    30,056 SF

    Building Details

    Year Built
    2015
    Property Profile Location Intelligence

    Current Use by Public Records

    Ole McDonalds Grocery Store

    Suggested Use

    Auto Repair Shop Nail Salon Auto Parts Store Food Market Grocery Store Daycare Center Pawn Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lincoln
    County
    Sussex
    State
    Delaware
    Longitude
    -75.43856
    Latitude
    38.85181

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    FAQs

    What type of property is this?
    Mixed-use property - High-traffic location, versatile space, great potential.
    Where is this mixed-use property located?
    The property is located at 8977 Dupont Blvd Lincoln, DE.
    What is the asking price?
    The asking price for this property is $480,000.
    (443) 358-0578
    Request Owner's contact information
    8977 Dupont Blvd Lincoln, DE 19960
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    Lincoln, DE 19960
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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
    8977 Dupont Blvd Lincoln, DE 19960
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