Showroom with Warehouse
New
For Sale
$498,000
2121 S DUPONT HIGHWAY S, Dover, DE 19901
A corner property pairs a customer-facing display area with dedicated warehouse space along a major commercial corridor.
Property Size4,092 SF
Price / SF$121.70
Days on Market6
Property Features for 2121 S DUPONT HIGHWAY S
General Information
Standard status
Active
Size
4,092 SF
Property subtype
Commercial
Site & Location
Corner Location
Yes
Traffic Count
36,000 vehicles/day
Highway Access
Yes
Road Access
Yes
Building Details
Year Built
1950
Listing Agency:
McGinnis Commercial Real Estate
Listed By:
Philip McGinnis · License #R1-0001967
(302) 736-1538
Source:
Cummingsrealtors
Added: Oct 1
Changed: Oct 4
Last Checked: Oct 5 at 6:33PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of McGinnis Commercial Real Estate
Investment Insights
Based on property information with market context.
Built in 1950, this 4,092-square-foot showroom property allocates 80% of the building to display space and 20% to warehouse use. Its corner position places the building along Route 13, also known as South DuPont Highway, in Dover, Delaware.
The property is near Rodney Village Shopping Center. Route 13 carries 36,000 AADT, and the site is located between median openings.
The property is near Rodney Village Shopping Center. Route 13 carries 36,000 AADT, and the site is located between median openings.
Key Highlights
- 4,092‑square‑foot showroom property built in 1950
- Showroom area makes up 80% of the building; warehouse space accounts for 20%
- Corner location on Route 13 / South DuPont Highway in Dover
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$37,200
Cap Rate
7.47%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$744,000
$744.0K
Cap Rate 7%
$531,429
$531.4K
Cap Rate 9%
$413,333
$413.3K
Market Conditions
NOI Build-Up for 4,092 SF
Gross rent
$57.5K $14.04/SF
− Vacancy
−$4.3K −$1.05/SF
EGI
$53.1K $12.99/SF
− OpEx
−$15.9K −$3.90/SF
NOI
$37.2K $9.09/SF
Area
Kent County, DE
Vacancy
7.50%
Lease Rate
$14.04 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$744,000
Cap Rate 7%
$531,429
Cap Rate 9%
$413,333
Alternative Uses
Best Use
Retail
$531.4K
$465.0K – $620.0K
NOI $37,200 @ 7.0% cap · market cap 7.47%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.03M
$901.6K – $1.20M
NOI $72,127 @ 7.0% cap · market cap 14.48%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
36,000 VPD
Traffic count
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
433
Businesses Nearby
83k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 73%
Apparel 13%
Home Improvements & Furnishings 12%
Electronics 2%
Ollie's Bargain Outlet
Shops & Services
24,302 visits/mo
0.3 miles
Family Dollar
Shops & Services
11,156 visits/mo
0.3 miles
Harbor Freight Tools
Home Improvements & Furnishings
10,311 visits/mo
0.5 miles
Dollar Tree
Shops & Services
10,300 visits/mo
0.4 miles
AutoZone
Shops & Services
7,490 visits/mo
0.1 miles
Demographics for 19901, DE
36,839
Population
15,443
Households
2.4
Avg Household Size
34
Median Age
27%
College-Educated
89%
High-School Grad
75.8 sq mi
ZIP Area
486
Density / Sq Mi
$63,891
Median Household Income
$33,069
Median Earnings
$1,353
Median Rent
$258,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
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Frequently Asked Questions
What type of property is this?
Showroom - A corner property pairs a customer-facing display area with dedicated warehouse space along a major commercial corridor.
Where is this showroom located?
The property is located at 2121 S DUPONT HIGHWAY S Dover, DE.
What is the asking price?
The asking price for this property is $498,000.
What are key features of this property?
This property features: 4,092‑square‑foot showroom property built in 1950; Showroom area makes up 80% of the building; warehouse space accounts for 20%; Corner location on Route 13 / South DuPont Highway in Dover
