Retail and Nursery
2561 South Dupont Boulevard Smyrna, DE 19977
2561 South Dupont Boulevard, Smyrna, DE, 19977
Contact for pricing
For Sale
Contact for pricing
A 7,400+ sq ft retail and nursery operation with storage and a second-floor 3-bedroom residence.
Property Size7,400 SF
Lot Size1.30 Acres
Price / SF$270.27
Days on Market48
Property Features for 2561 South Dupont Boulevard
General Information
- Standard status
- Active
- Size
- 7,400 SF
- Lot size
- 1.30 Acres
- Property subtype
- Retail, Mixed Use
Building Details
- Year Built
- 1940
Listing agency
Crown Homes Real Estate
(302) 504-6147
Listed by
Corey Harris · License #RS-0023712
Source
Crexi
Added: Jun 5 Updated: Jul 21 at 3:03PM Checked: Jul 21 at 3:03PM
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 Crown Homes Real Estate
Investment Insights
Based on property information with market context.
This property is a 7,400+ square foot retail and nursery facility on 1.3 acres. Originally constructed in 1940 as a gas station with a mechanic shop, it has been converted to a floral shop and landscaping nursery business. The layout includes a retail shop and storage spaces, along with a three-bedroom, one-bath residential dwelling on the second floor.
The property is located right on Rt. 13 in Smyrna, providing direct roadway frontage.
For sale as a mixed-use commercial building with both operating space and an attached second-floor residential component.
The property is located right on Rt. 13 in Smyrna, providing direct roadway frontage.
For sale as a mixed-use commercial building with both operating space and an attached second-floor residential component.
Key Highlights
- 7,000+ sq ft commercial building on 1.3 acres in Smyrna
- Right on Rt. 13
- Previously operated as a gas station and mechanic shop (built in 1940)
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $103.9k | $14.04 |
| − Vacancy | −$7.8k | −$1.05 |
| EGI | $96.1k | $12.99 |
| − OpEx | −$28.8k | −$3.90 |
| NOI | $67.3k | $9.09 |
7,400 SF · lease $14.04/SF/yr · vacancy 7.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$961.0K
$840.9K – $1.12M
NOI $67,273 @ 7.0% cap · market cap 3.36%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.86M
$1.63M – $2.17M
NOI $130,435 @ 7.0% cap · market cap 6.52%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Paradise Nursery
(Bike/Boat/Book/etc) Store
Similar For Sale Nearby
Similar Off Market Nearby
- Coleman's Garden Center — 2614 S Dupont Blvd, Smyrna, DE 19977
FAQs
What type of property is this?
Nursery and garden center - A 7,400+ sq ft retail and nursery operation with storage and a second-floor 3-bedroom residence.
Where is this nursery and garden center located?
The property is located at 2561 South Dupont Boulevard Smyrna, DE.
What is the asking price?
The asking price for this property is $2,000,000.
What are key features of this property?
This property features: 7,000+ sq ft commercial building on 1.3 acres in Smyrna; Right on Rt. 13; Previously operated as a gas station and mechanic shop (built in 1940)
