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    2 State St Dover, DE 19901

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    4,504 SF Executive Office in Dover, DE

    Property size:
    4,504 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 4,504 square foot executive office building presents a unique opportunity in the heart of Dover, Delaware. Strategically located at the northwest corner of Division Street and State Street, this property boasts a highly visible and accessible location. The building is zoned RGO, offering flexibility for a variety of professional uses. A significant advantage is the inclusion of a private parking lot providing ample parking for staff and clients, a rare commodity in this desirable area. The interior layout is designed for efficient workflow and professional presentation, making it ideal for established businesses seeking to upgrade their space or startups looking for a prestigious address. The building's size and zoning make it suitable for a range of executive office configurations, allowing for customization to meet specific business needs. This property offers a blend of convenience, visibility, and ample parking, making it an attractive investment for discerning businesses seeking a prime location in Dover, Delaware. The address is 2 North State Street, Dover, DE 19901. Serious inquiries are encouraged to explore this exceptional opportunity.

    Property Features for 2 State St

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    4,504 SF

    HighLights

    • 4,504 square foot office building available for lease.
    • High‑visibility location at the northwest corner of Division and State Streets.
    • RGO zoning.
    • On‑site parking lot with abundant parking spaces.
    Property Profile Location Intelligence

    Current Use by Public Records

    Chabbott Petrosky Commercial Real Estate Consultant Paradee Financial Financial Consultant

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Dover
    County
    Kent
    State
    Delaware
    Longitude
    -75.4577775
    Latitude
    39.2081349

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    FAQs

    What type of property is this?
    Office Property / Space - 4,504 SF Executive Office in Dover, DE
    Where is this office property / space located?
    The property is located at 2 State St Dover, DE.
    What are key features of this property?
    This property features: 4,504 square foot office building available for lease.; High-visibility location at the northwest corner of Division and State Streets.; RGO zoning.
    (302) 674-3400
    Request Owner's contact information
    2 State St Dover, DE 19901
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    Dover, DE 19901
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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
    2 State St Dover, DE 19901
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