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    24778 Dupont Blvd Georgetown, DE 19947

    Sponsored
    For Sale
    $2,119,000

    Prime Delaware commercial land, high visibility.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 19.24-acre commercial land parcel presents a unique investment opportunity in the thriving town of Georgetown, Delaware. Located on Dupont Boulevard, a major thoroughfare, this property boasts unparalleled visibility and accessibility, ensuring maximum exposure for any commercial venture. The AR-1 zoning permits a variety of commercial uses, providing flexibility for potential developers. Georgetown's strategic location and robust economic growth, evidenced by increased new construction in both residential and commercial sectors, make this a highly desirable location for businesses seeking to establish a presence in a dynamic market. The property's substantial size offers ample space for large-scale development projects, catering to a wide range of commercial needs. The asking price is $2,119,000. This single parcel presents a compelling opportunity to capitalize on Georgetown's expanding commercial landscape and secure a prominent position in a rapidly growing community within Sussex County. The property's address is 24778 Dupont Blvd, Georgetown, DE 19947. Its geographical coordinates are latitude 38.64736 and longitude -75.355588.

    Property Features for 24778 Dupont Blvd

    General Information

    Property type
    Land
    Lot Size
    838,094 SF

    HighLights

    • 19.24‑acre commercial land parcel in Georgetown, DE.
    • Located on Dupont Boulevard with high visibility and accessibility.
    • AR‑1 zoning allows for diverse commercial uses.
    • Asking price: $2,119,000.
    • Address: 24778 Dupont Blvd, Georgetown, DE 19947.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Spa & Massage Building Supply Wholesale Shop Hair Salon Auto Repair Shop Nail Salon Auto Parts Store Department Store Kitchen & Bath

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

    Location Insight

    • Map
    • Local Demand
    City
    Georgetown
    County
    Sussex
    State
    Delaware
    Longitude
    -75.355588
    Latitude
    38.64736

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    FAQs

    What type of property is this?
    Land - Prime Delaware commercial land, high visibility.
    Where is this land located?
    The property is located at 24778 Dupont Blvd Georgetown, DE.
    What is the asking price?
    The asking price for this property is $2,119,000.
    What are key features of this property?
    This property features: 19.24-acre commercial land parcel in Georgetown, DE.; Located on Dupont Boulevard with high visibility and accessibility.; AR-1 zoning allows for diverse commercial uses.
    (302) 674-3400
    Request Owner's contact information
    24778 Dupont Blvd Georgetown, DE 19947
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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
    24778 Dupont Blvd Georgetown, DE 19947
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