0 1St Ave Smyrna, DE 19977
This exceptional 1.6-acre commercial lot presents a remarkable investment opportunity in Smyrna, Delaware. Zoned HC, this property boasts a highly desirable location along the Route 13/Dupont Boulevard commercial corridor, ensuring high visibility and accessibility. Situated less than 2.25 miles from two Route 1 interchanges, it offers unparalleled convenience for commuters traveling throughout the state. The lot benefits from an impressive Average Annual Daily Traffic (AADT) exceeding 25,000 vehicles. This strategic positioning places the property in close proximity to a thriving retail environment, with established businesses such as Royal Farms, Advanced Auto Parts, McDonald's, Subway, and Dunkin' Donuts already present in the immediate vicinity. The asking price for this prime commercial land is $299,000. This represents a significant opportunity to establish a new business or expand an existing one in a high-traffic, well-established commercial area of Kent County, Delaware. The property's address is 1st Ave, Smyrna, DE 19977. This is a for sale by owner listing.
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
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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.