1502-1560 Dupont Hwy New Castle, DE 19720
- Retail properties
- 2.59 lot acres
Current Use by Public Records
- Retail properties
Property Details for 1502-1560 Dupont Hwy
- Lot size
- 2.59 lot acres
- Property type
- Retail properties
- Property subtype
- Land
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- New Castle
- County
- New Castle
- State
- Delaware
- Longitude
- -75.5808
- Latitude
- 39.6902
