Property profile

0 Cor Of Lebanon & Sorghum Ml Rd Dover, DE 19901

OFF-MARKET
Land
4.7 ac lot
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Land
Lot 4.7 ac (204,732 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Cor Of Lebanon & Sorghum Ml Rd Dover, DE 19901
Dover metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Blend (final) Blend
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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