Front St Frederica, DE 19946
This exceptional 0.89-acre commercial lot is situated at 0 Front Street in Frederica, Delaware. Its prime location offers unparalleled visibility and accessibility, being within two miles of the new Kent County Regional Sports Complex, a significant draw for increased traffic and consumer activity. The property boasts a level, rectangular shape, making it exceptionally suitable for various development projects. The zoning designation is BG, permitting retail, gas/convenience store, and hotel uses. All necessary utilities, including water and sewer, are readily available on-site. A compelling financial opportunity exists with a $70,000 annual ground lease. The property's proximity to the nearly completed Dollar General Market further enhances its commercial viability and potential for significant return on investment. This is a rare chance to acquire a highly desirable commercial parcel in a rapidly growing area. The land's size and shape offer flexibility for a variety of development plans, catering to a range of commercial ventures. The strategic location and existing infrastructure make this an exceptional investment opportunity. Serious inquiries are encouraged.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.