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    1St Ave Smyrna, DE 19977

    Sponsored
    For Sale
    $299,000

    1.6-acre commercial lot, prime Smyrna location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 1.6-acre commercial lot presents a remarkable investment opportunity in Smyrna, Delaware. Zoned HC, this property boasts a highly desirable location along the Route 13/Dupont Boulevard commercial corridor, ensuring high visibility and accessibility. Situated less than 2.25 miles from two Route 1 interchanges, it offers unparalleled convenience for commuters traveling throughout the state. The lot benefits from an impressive Average Annual Daily Traffic (AADT) exceeding 25,000 vehicles. This strategic positioning places the property in close proximity to a thriving retail environment, with established businesses such as Royal Farms, Advanced Auto Parts, McDonald's, Subway, and Dunkin' Donuts already present in the immediate vicinity. The asking price for this prime commercial land is $299,000. This represents a significant opportunity to establish a new business or expand an existing one in a high-traffic, well-established commercial area of Kent County, Delaware. The property's address is 1st Ave, Smyrna, DE 19977. This is a for sale by owner listing.

    Property Features for 0 1St Ave

    General Information

    Property type
    Retail properties
    Lot Size
    69,696 SF

    HighLights

    • $299,000 asking price.
    • 1.6‑acre commercial land parcel.
    • HC zoning.
    • Located in Smyrna, DE, on Route 13/Dupont Boulevard commercial corridor.
    • Excellent access to Route 1 interchanges; AADT 25,000+.
    • Close proximity to established retailers (Royal Farms, Advanced Auto Parts, McDonald's, Subway, Dunkin', etc.).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Smyrna
    County
    Kent
    State
    Delaware
    Longitude
    -75.606742660095
    Latitude
    39.30675463416

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    FAQs

    What type of property is this?
    Retail property - 1.6-acre commercial lot, prime Smyrna location.
    Where is this retail property located?
    The property is located at 1St Ave Smyrna, DE.
    What is the asking price?
    The asking price for this property is $299,000.
    What are key features of this property?
    This property features: $299,000 asking price.; 1.6-acre commercial land parcel.; HC zoning.
    Request Owner's contact information
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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
    1St Ave Smyrna, DE 19977
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