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    12 Lincoln St Dover, DE 19904

    Sponsored
    For Sale
    $1,197,000

    Executive Offices & Warehouse Space - $1.197M

    Property size:
    3,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional commercial property at 12 Lincoln St, Dover, DE 19904, presents a unique investment opportunity. Encompassing 3.04 acres of land in downtown Dover, the property features three separate buildings totaling approximately 13,300 square feet of versatile space. The complex is fully fenced for enhanced security. One building offers approximately 3,000 square feet of drive-in metal building space, ideal for storage or light industrial use. A second building provides approximately 9,000 square feet with two loading docks, perfect for warehouse operations. The largest building, approximately 13,300 square feet, is a block structure combining warehouse space with executive office areas, offering a blend of functionality and professional appeal. The property is zoned C3, allowing for a variety of commercial uses. The asking price for this multi-building complex is $1,197,000. This prime location in downtown Dover offers excellent visibility and accessibility, making it an attractive investment for businesses seeking a combination of office and warehouse space. The property's size and layout provide ample room for expansion or adaptation to suit diverse operational needs. This is a rare opportunity to acquire a substantial commercial property in a thriving Delaware location.

    Property Features for 12 Lincoln St

    General Information

    Property type
    Distribution properties
    Square Feet
    3,000 SF
    Lot Size
    132,422 SF

    Building Details

    Buildings
    3
    Property Profile Location Intelligence

    Current Use by Public Records

    Distribution centers

    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
    -75.534226
    Latitude
    39.1573149

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    FAQs

    What type of property is this?
    Distribution property - Executive Offices & Warehouse Space - $1.197M
    Where is this distribution property located?
    The property is located at 12 Lincoln St Dover, DE.
    What is the asking price?
    The asking price for this property is $1,197,000.
    Request Owner's contact information
    12 Lincoln St 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
    12 Lincoln St Dover, DE 19904
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