Retail and Hospitality Development
For Sale
Contact for pricing
432 Frederica Road, Frederica, DE 19946
21-acre retail and hospitality development site with direct Route 1 frontage and access from Frederica Road.
Property SizeContact for details
Lot Size21.00 Acres
Days on Market48
Property Features for 432 Frederica Road
General Information
Standard status
Active
Lot size
21.00 Acres
Property subtype
Land
Site & Location
Highway Access
Yes
Road Access
Yes
Utilities to Site
Yes
Listing Agency:
LMT Commercial Realty / CORFAC International
(302) 414-1000
Listed By:
Jim Tancredi · License #RS-0025429
(302) 414-1000
Source:
Lmtcre
Added: Jun 25
Changed: Jul 10
Last Checked: Aug 11 at 6:47AM
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 LMT Commercial Realty / CORFAC International
Investment Insights
Based on property information with market context.
Asbury Square is a 21+/- acre retail, dining, and hospitality development project with utilities and stormwater management in place. The package notes that final site plan approval is in place and recorded, and that no off-site improvements are needed, with construction notes indicating no contributions to infrastructure. The site also includes 900'+ of direct road frontage along southbound Route 1 and exposure tied to a 4,000'+ length of Route 1.
The property is positioned on the east side of Frederica Road and the west side of Route 1, inside Frederica town limits. It sits just north of the new south Frederica interchange and is directly across Route 1 from DE Turf, Kent County’s regional sports complex. Ingress and egress are described as being from Frederica Road at a point just north of the Route 1/Frederica Road interchange.
The secured SpringHill Suites by Marriott indicates a hotel component within the overall project, with construction on an 88-room hotel expected to commence in late 2021. With its proximity to DE Turf and the interchange access serving sports complex attendees and transient travelers, the site is designed to support uses including hotels, restaurants, and convenience or fuel users. For buyers and operators, the existing site plan and in-place utilities and stormwater are intended to reduce early development requirements.
The property is positioned on the east side of Frederica Road and the west side of Route 1, inside Frederica town limits. It sits just north of the new south Frederica interchange and is directly across Route 1 from DE Turf, Kent County’s regional sports complex. Ingress and egress are described as being from Frederica Road at a point just north of the Route 1/Frederica Road interchange.
The secured SpringHill Suites by Marriott indicates a hotel component within the overall project, with construction on an 88-room hotel expected to commence in late 2021. With its proximity to DE Turf and the interchange access serving sports complex attendees and transient travelers, the site is designed to support uses including hotels, restaurants, and convenience or fuel users. For buyers and operators, the existing site plan and in-place utilities and stormwater are intended to reduce early development requirements.
Key Highlights
- 21+/- acre retail, dining, and hospitality development project on the east side of Frederica Road and west side of Route 1
- Direct nearly 900’ road frontage along southbound Route 1 with exposure from a 4,000’+ stretch of Route 1
- Ingress/egress planned from Frederica Road just north of the Route 1/Frederica Road interchange
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
58
Businesses Nearby
Explore this area
Business Placement
Demographics for 19946, DE
4,932
Population
2,307
Households
2.1
Avg Household Size
40
Median Age
19%
College-Educated
87%
High-School Grad
23.1 sq mi
ZIP Area
214
Density / Sq Mi
$76,213
Median Household Income
$29,983
Median Earnings
$1,282
Median Rent
$263,400
Median Home Value
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Frequently Asked Questions
What type of property is this?
Commercial land - 21-acre retail and hospitality development site with direct Route 1 frontage and access from Frederica Road.
Where is this commercial land located?
The property is located at 432 Frederica Road Frederica, DE.
What are key features of this property?
This property features: 21+/- acre retail, dining, and hospitality development project on the east side of Frederica Road and west side of Route 1; Direct nearly 900’ road frontage along southbound Route 1 with exposure from a 4,000’+ stretch of Route 1; Ingress/egress planned from Frederica Road just north of the Route 1/Frederica Road interchange
