1502-1560 Dupont Hwy New Castle, DE 19720
This exceptional 2.59-acre assemblage in New Castle, Delaware, presents a compelling redevelopment opportunity. Located at the hard corner of Dupont Highway and Boulden Boulevard, this property boasts a highly visible location on the northbound side of Dupont Highway, experiencing a significant daily traffic volume of 52,000 vehicles. The assemblage comprises five parcels currently fully leased to a diverse tenant mix, including Northeast Title Loans, a Burger King franchisee, and South Star Fence Co., along with other tenants. The property is zoned CR - Commercial Regional, allowing for a wide range of development possibilities. The asking price for this rare Dupont Highway property is $4,300,000. This presents a unique chance to acquire a substantial commercial property in a high-traffic area with significant redevelopment potential. The address is 1502-1560 N. Dupont Highway, New Castle, DE 19720. The current tenants provide a stable income stream while the zoning and location offer significant long-term value. This is an ideal investment for developers seeking a prime location with high visibility and strong potential for future growth. Broker co-op is available.
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
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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.