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    24559 Dupont Blvd Georgetown, DE 19947

    Sponsored
    For Sale
    $1,849,000

    7.71 Acres, Multi-Building Income Property

    Property size:
    11,200 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional Georgetown, DE investment opportunity encompasses 7.71 acres and three parcels, offering a unique blend of residential and commercial income streams. The property includes two existing residential buildings, one 2,600 square feet and the other 1,200 square feet, both currently generating rental income. Adding to the substantial revenue potential are two commercial buildings, totaling 7,400 square feet (4,500 sq ft and 2,900 sq ft), also producing consistent income. These buildings are currently utilized as a truck depot, a non-conforming use permitted under the AR1 zoning. The entire 11,200 square foot property benefits from its prime location in Georgetown, DE, providing convenient access to major transportation arteries and local conveniences, making it highly attractive to a diverse range of tenants and businesses. This presents a rare chance to acquire a significant commercial property with established income generation, offering immediate returns and long-term growth potential. The property's size and diverse income streams make it an ideal investment for those seeking a substantial and diversified portfolio addition. The existing infrastructure and established tenant base minimize initial investment risk and provide a solid foundation for future expansion or redevelopment. This is a truly exceptional opportunity not to be missed.

    Property Features for 24559 Dupont Blvd

    General Information

    Property type
    Mixed-use properties
    Square Feet
    11,200 SF
    Lot Size
    335,848 SF

    Building Details

    Year Built
    1954
    Property Profile Location Intelligence

    Current Use by Public Records

    AKU Transport, Inc. Trucking Company

    Suggested Use

    Restaurant Spa & Massage Hair Salon Nail Salon Auto Repair Shop Building Supply Wholesale Shop Auto Parts Store Kitchen & Bath Department Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Georgetown
    County
    Sussex
    State
    Delaware
    Longitude
    -75.36131
    Latitude
    38.64734

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    FAQs

    What type of property is this?
    Mixed-use property - 7.71 Acres, Multi-Building Income Property
    Where is this mixed-use property located?
    The property is located at 24559 Dupont Blvd Georgetown, DE.
    What is the asking price?
    The asking price for this property is $1,849,000.
    (302) 674-3400
    Request Owner's contact information
    24559 Dupont Blvd Georgetown, DE 19947
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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
    24559 Dupont Blvd Georgetown, DE 19947
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