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    1969 Pulaski Hwy Bear, DE 19701

    Sponsored
    For Sale
    $2,150,000

    1.98 Acres, High-Traffic Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 1.98-acre commercial land assemblage in Bear, Delaware, presents a prime investment opportunity. Located at 1967, 1969, and 1973 Pulaski Highway (Route 40), this property boasts over 263 feet of frontage on a busy thoroughfare, ensuring high visibility and accessibility. The site benefits from existing water and sewer infrastructure, simplifying development. A recently constructed, traffic-lit intersection at Ricky Boulevard and Pulaski Highway further enhances accessibility and visibility. The property's strategic location is surrounded by a robust retail environment, including the Fox Run Shopping Center and numerous fast-food and quick-service restaurants, creating a strong commercial ecosystem. Zoned CR (Commercial Regional - New Castle County), this land is ideally suited for a variety of retail or commercial developments, offering significant potential for growth and return on investment. The property's size, location, and zoning make it a rare and highly desirable asset in a thriving Delaware market. This is an unparalleled chance to capitalize on a prime location within a bustling commercial area. The property is situated in Bear, Delaware, zip code 19701, in New Castle County.

    Property Features for 1969 Pulaski Hwy

    General Information

    Property type
    Land
    Lot Size
    86,249 SF

    HighLights

    • $2,150,000 asking price for 1.98 acres of commercial land.
    • Located at 1967, 1969, and 1973 Pulaski Highway, Bear, DE 19701.
    • CR (Commercial Regional - New Castle County) zoning.
    • 263+ feet of Pulaski Highway frontage.
    • On‑site water and sewer; nearby new traffic‑lit intersection at Ricky Blvd. and Pulaski Hwy; strong retail presence including Fox Run Shopping Center and numerous restaurants.
    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 Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Bear
    County
    New Castle
    State
    Delaware
    Longitude
    -75.711912
    Latitude
    39.6088325

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    FAQs

    What type of property is this?
    Land - 1.98 Acres, High-Traffic Location
    Where is this land located?
    The property is located at 1969 Pulaski Hwy Bear, DE.
    What is the asking price?
    The asking price for this property is $2,150,000.
    What are key features of this property?
    This property features: $2,150,000 asking price for 1.98 acres of commercial land.; Located at 1967, 1969, and 1973 Pulaski Highway, Bear, DE 19701.; CR (Commercial Regional - New Castle County) zoning.
    Request Owner's contact information
    1969 Pulaski Hwy Bear, DE 19701
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    Bear, DE 19701
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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
    1969 Pulaski Hwy Bear, DE 19701
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