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    53 Roosevelt Ave Dover, DE 19901

    Sponsored
    For Sale
    $159,000

    Build-ready C4 zoned lot, 0.35 acres.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 0.35-acre commercial land parcel, located at 53 Roosevelt Avenue in Dover, Delaware, presents a unique investment opportunity. Priced at $159,000, this build-ready site is zoned C4, offering considerable development potential. The property's convenient location boasts immediate access to South Dupont Highway (Route 13) via the Puncheon Run Connector, ensuring excellent visibility and accessibility. Utilities, including sewer, water, and gas, are readily available at the site, streamlining the construction process. The surrounding area offers a wealth of established amenities, including the nearby Carrolls Corner Shopping Center, Bayhealth Occupational Health, and a Walgreens pharmacy, contributing to a thriving commercial environment. The tax parcel number is 2-05-077.17-05-7300-00001. This property's prime location and build-ready status make it an ideal choice for developers seeking a strategic foothold in a rapidly growing area of Dover, Delaware. The site is ready for immediate development, eliminating lengthy permitting and utility connection delays. This presents a significant advantage for investors seeking a quick return on investment. Don't miss this chance to acquire a highly desirable commercial lot in a prime Dover location.

    Property Features for 53 Roosevelt Ave

    General Information

    Property type
    Land
    Lot Size
    15,246 SF

    HighLights

    • 0.35‑acre lot
    • Tax Parcel ID: 2‑05‑077.17‑05‑7300‑00001
    • C4 Zoning
    • $159,000 asking price
    • Frontage on S Dupont Hwy (Route 13) with Puncheon Run Connector access
    • Utilities available on‑site (sewer, water, gas)
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Dover
    County
    Kent
    State
    Delaware
    Longitude
    -75.518817
    Latitude
    39.143521

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    FAQs

    What type of property is this?
    Land - Build-ready C4 zoned lot, 0.35 acres.
    Where is this land located?
    The property is located at 53 Roosevelt Ave Dover, DE.
    What is the asking price?
    The asking price for this property is $159,000.
    What are key features of this property?
    This property features: 0.35-acre lot; Tax Parcel ID: 2-05-077.17-05-7300-00001; C4 Zoning
    (302) 674-3400
    Request Owner's contact information
    53 Roosevelt Ave Dover, DE 19901
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    Dover, DE 19901
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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
    53 Roosevelt Ave Dover, DE 19901
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