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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

1011 Bay Rd Dover, DE 19901

2,000 SF 2.2 ac lot
Property ID
Property summary
AI-generated overview

This exceptional storefront property at 1011 Bay Road in Dover, Delaware, presents a compelling investment opportunity. The single-tenant building boasts 2,000 square feet of retail space, ideally situated on a substantial 2.2-acre lot. Ample parking is available with 25 spaces, ensuring convenient access for customers and employees. The property's C4 zoning allows for a wide range of commercial uses, providing flexibility for future development or expansion. The location within the City of Dover limits offers excellent visibility and accessibility, benefiting from high traffic volume. The property consists of three parcels, identified by APN numbers 2-05-08600-01-0100-000, 2-05-07700-01-2601-000, and 2-05-08600-01-0200-000. The asking price for this one-story building is $795,000. This property is perfect for an owner-user or an investor seeking a strong return in a thriving Delaware market. The combination of size, location, parking, and zoning makes this a truly unique opportunity. Don't miss out on this chance to acquire a prime retail space in a desirable location. The property is located at 1011 Bay Road, Dover, DE 19901.

Property profile
Verified
Property type Retail properties & Spaces
Total area 2,000 SF
Lot 2.2 ac (95,832 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
Current use
Occupant on record · Public records
  • Dover Auto Body, Inc. Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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