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    1011 Bay Rd Dover, DE 19901

    Sponsored
    For Sale
    $795,000

    High-traffic retail space, 2,000 sq ft.

    Property size:
    2,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional storefront property at 1011 Bay Road in Dover, Delaware, presents a compelling investment opportunity. The single-tenant building boasts 2,000 square feet of retail space, ideally situated on a substantial 2.2-acre lot. Ample parking is available with 25 spaces, ensuring convenient access for customers and employees. The property's C4 zoning allows for a wide range of commercial uses, providing flexibility for future development or expansion. The location within the City of Dover limits offers excellent visibility and accessibility, benefiting from high traffic volume. The property consists of three parcels, identified by APN numbers 2-05-08600-01-0100-000, 2-05-07700-01-2601-000, and 2-05-08600-01-0200-000. The asking price for this one-story building is $795,000. This property is perfect for an owner-user or an investor seeking a strong return in a thriving Delaware market. The combination of size, location, parking, and zoning makes this a truly unique opportunity. Don't miss out on this chance to acquire a prime retail space in a desirable location. The property is located at 1011 Bay Road, Dover, DE 19901.

    Property Features for 1011 Bay Rd

    General Information

    Property type
    Individual retail properties
    Square Feet
    2,000 SF
    Lot Size
    95,832 SF

    Building Details

    Stories
    1

    HighLights

    • 2,000 SF single‑tenant retail building on a 2.2‑acre lot.
    • 25 parking spaces.
    • C4 zoning allows for diverse commercial uses.
    • High‑visibility location in Dover, DE with high traffic volume.
    • Three parcels: APNs 2‑05‑08600‑01‑0100‑000, 2‑05‑07700‑01‑2601‑000, and 2‑05‑08600‑01‑0200‑000.
    • Asking price: $795,000.
    Property Profile Location Intelligence

    Current Use by Public Records

    Dover Auto Body, ... Auto Body Shop

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Dover
    County
    Kent
    State
    Delaware
    Longitude
    -75.4983175
    Latitude
    39.1441907

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    FAQs

    What type of property is this?
    Individual retail property - High-traffic retail space, 2,000 sq ft.
    Where is this individual retail property located?
    The property is located at 1011 Bay Rd Dover, DE.
    What is the asking price?
    The asking price for this property is $795,000.
    What are key features of this property?
    This property features: 2,000 SF single-tenant retail building on a 2.2-acre lot.; 25 parking spaces.; C4 zoning allows for diverse commercial uses.
    Request Owner's contact information
    1011 Bay Rd 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
    1011 Bay Rd Dover, DE 19901
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