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    1600 Little Creek Rd Dover, DE 19901

    Sponsored
    For Sale
    $2,200,000

    Prime Dover location, 11.5 acres, leased warehouse.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional investment opportunity presents a 11.5-acre industrial property located at 1600 N Little Creek Rd, Dover, DE 19901, within Kent County. The property consists of five parcels and includes a Class B warehouse currently under lease, offering immediate cash flow. Its strategic location provides unparalleled access to major transportation arteries, situated within two minutes of Route 1 exit, and five minutes from Dover Air Force Base and Route 13. Ample parking is available on-site. A recently completed storage study and accompanying engineering drawings are readily available for review, providing comprehensive details on the property's potential. The property benefits from a strong demographic profile, with 13,000 households residing within a three-mile radius, further enhanced by a new residential development currently under construction directly adjacent to the property. This central location makes it ideally suited for an office campus incorporating warehousing and other supporting amenities. The asking price for this significant industrial property is $2,200,000.

    Property Features for 1600 Little Creek Rd

    General Information

    Property type
    Distribution properties
    Class
    B

    HighLights

    • $2,200,000 asking price for this industrial warehouse property.
    • Class B warehouse located at 1600 N Little Creek Rd, Dover, DE 19901.
    • 11.5‑acre site in Kent County, minutes from Route 1, Dover AFB, and Route 13.
    • Currently leased warehouse with ample parking.
    • Recent storage study and engineering drawings available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Distribution centers

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store 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
    -75.493651142017
    Latitude
    39.165791326297

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    FAQs

    What type of property is this?
    Distribution property - Prime Dover location, 11.5 acres, leased warehouse.
    Where is this distribution property located?
    The property is located at 1600 Little Creek Rd Dover, DE.
    What is the asking price?
    The asking price for this property is $2,200,000.
    What are key features of this property?
    This property features: $2,200,000 asking price for this industrial warehouse property.; Class B warehouse located at 1600 N Little Creek Rd, Dover, DE 19901.; 11.5-acre site in Kent County, minutes from Route 1, Dover AFB, and Route 13.
    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
    1600 Little Creek Rd Dover, DE 19901
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