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    1079 Silver Lake Blvd Dover, DE 19904

    Sponsored
    For Sale
    $1,465,000

    Prime Dover commercial land, 5 acres, CPO zoning.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 5.03-acre commercial land parcel presents a unique investment opportunity in Dover, Delaware. Located at 1079 Silver Lake Blvd, this property is zoned CPO, offering a wide range of potential commercial development options. The expansive lot size provides ample space for various projects, from retail establishments to light industrial uses. The property's convenient location within the City of Dover jurisdiction ensures easy access to major transportation routes and a thriving local economy. The asking price for this significant land holding is $1,465,000. The property's tax ID number is 2-05-06712-02-0400-000. This is a rare chance to acquire a substantial piece of commercial real estate in a desirable Delaware location. Serious inquiries are encouraged to explore the possibilities this property offers. The property's address is 1079 Silver Lake Blvd, Dover, DE 19904, situated in Kent County. Its geographical coordinates are latitude 39.179263 and longitude -75.537216. This offering represents a compelling investment prospect for those seeking a substantial land parcel with significant development potential in a strategic location.

    Property Features for 1079 Silver Lake Blvd

    General Information

    Property type
    Land
    Lot Size
    219,107 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon 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
    -75.537216
    Latitude
    39.179263

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    FAQs

    What type of property is this?
    Land - Prime Dover commercial land, 5 acres, CPO zoning.
    Where is this land located?
    The property is located at 1079 Silver Lake Blvd Dover, DE.
    What is the asking price?
    The asking price for this property is $1,465,000.
    (302) 674-3400
    Request Owner's contact information
    1079 Silver Lake Blvd Dover, DE 19904
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    Dover, DE 19904
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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
    1079 Silver Lake Blvd Dover, DE 19904
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