0 Cor Of Lebanon & Sorghum Ml Rd Dover, DE 19901
This exceptional 4.7-acre commercial land parcel presents a unique investment opportunity in Dover, Delaware. Located at the southwest corner of Lebanon Road and Sorghum Mill Road, this property boasts a prime location with excellent visibility and accessibility. The lot is zoned OC, offering a range of potential commercial development options. With its substantial size, this land is ideal for a variety of uses, from retail and office spaces to light industrial facilities. The property's convenient location within Kent County provides easy access to major transportation routes, ensuring seamless connectivity for businesses and employees. The asking price is $1,000,000. The 2015 Kent County tax assessment was $150.43. The tax parcel number is 7-00-09500-01-0700-000. This is a rare opportunity to acquire a significant commercial land holding in a thriving Delaware market. Don't miss out on this chance to build your business in a strategic location. Serious inquiries only.
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
Similar Nearby for Lease
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.