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    Front St Frederica, DE 19946

    For Sale
    $700,000

    0.89 Acres, BG Zoning, Great Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 0.89-acre commercial land parcel presents a compelling investment opportunity in the thriving town of Frederica, Delaware. Located on Bay Road and E Front Street, this property boasts a prime location, situated within two miles of the new Kent County Regional Sports Complex, ensuring high visibility and accessibility. The property is zoned BG, offering a range of potential commercial uses. Convenient access to water and sewer utilities is readily available, simplifying development plans. The parcel's size provides ample space for various commercial ventures, from retail establishments to light industrial uses. The asking price for this strategically positioned land is $700,000. The property's Assessed Parcel Number (APN) is 8-00-12211-01-0700-000. This represents a significant chance to capitalize on the growth and development occurring in the Frederica area, particularly given its proximity to the regional sports complex. Serious inquiries are encouraged to explore the full potential of this remarkable property. The property is located in Kent County, Delaware, with a zip code of 19946.

    Property Features for 0 Front St

    General Information

    Property type
    Land
    Lot Size
    38,768 SF

    HighLights

    • 0.89‑acre lot (approx.)
    • MLS# Dekt220010
    • BG Zoning
    • $70,000 annual ground lease
    • $700,000 asking price
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Frederica
    County
    Kent
    State
    Delaware
    Longitude
    -75.45652251542
    Latitude
    39.045379105188

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    FAQs

    What type of property is this?
    Land - 0.89 Acres, BG Zoning, Great Location
    Where is this land located?
    The property is located at Front St Frederica, DE.
    What is the asking price?
    The asking price for this property is $700,000.
    What are key features of this property?
    This property features: 0.89-acre lot (approx.); MLS# Dekt220010; BG Zoning
    (302) 236-7053
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    Front St Frederica, DE 19946
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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
    Front St Frederica, DE 19946
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