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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

1502-1560 Dupont Hwy New Castle, DE 19720

2.59 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Retail properties & Spaces
Lot 2.59 ac (112,820 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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