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    1447 Governors Ave Dover, DE 19904

    Sponsored
    For Sale
    $315,000

    Prime Dover Office, High Visibility

    Property size:
    1,926 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 1,926 square foot executive office building, situated on a 0.28-acre lot in Dover, Delaware, presents a compelling investment opportunity. Currently housing an Income Tax Service and Insurance Center, the property boasts a highly visible location on Route 13, ensuring significant exposure to potential clients. The building features an expanded parking lot for ample client and staff convenience, and benefits from a prominent LED sign facing DuPont Highway. The BG zoning designation allows for a wide range of permitted uses, providing flexibility for future tenants or owners. The property's convenient location near a bus stop enhances accessibility. The asking price is $315,000, translating to $163.55 per square foot. The tax ID is 2-00-08609-01-2400-00001. A lease price of $15.00 per square foot, NNN, is also available. This property offers a blend of immediate income potential and long-term growth prospects, making it an ideal acquisition for savvy investors seeking a strong return on investment in a desirable Delaware location. The address is 1447 S. Governors Ave, Dover, DE 19904.

    Property Features for 1447 Governors Ave

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    1,926 SF
    Lot Size
    12,197 SF

    HighLights

    • 1,926 SF building on a 0.28‑acre lot.
    • Convenient bus stop proximity.
    • High‑visibility LED sign facing DuPont Highway.
    • BG zoning offers diverse permitted uses.
    • Expanded parking area.
    • Excellent visibility from Route 13.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Law Firm Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Dover
    County
    Kent
    State
    Delaware
    Longitude
    -75.5300128
    Latitude
    39.1317076

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    FAQs

    What type of property is this?
    Office Property / Space - Prime Dover Office, High Visibility
    Where is this office property / space located?
    The property is located at 1447 Governors Ave Dover, DE.
    What is the asking price?
    The asking price for this property is $315,000.
    What are key features of this property?
    This property features: 1,926 SF building on a 0.28-acre lot.; Convenient bus stop proximity.; High-visibility LED sign facing DuPont Highway.
    Request Owner's contact information
    1447 Governors Ave Dover, DE 19904
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    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
    1447 Governors Ave Dover, DE 19904
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