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Property profile & analytics
OFF-MARKET
Commercial real estate

6975 Old Bch Rd Frederica, DE 19946

3,200 SF 0.45 ac lot Built 1975
Property ID
Property summary
AI-generated overview

This exceptional commercial property, located at 6975 Old Beach Road in Frederica, Delaware, presents a unique investment opportunity. The 3,200 square foot building sits on two parcels totaling 0.45 acres of land, offering excellent visibility and accessibility. Its prime location provides easy access to Route 1, both northbound and southbound, ensuring high traffic flow and exposure for any business. The property boasts a dual entrance/exit into a convenient parking area. The Kent County zoning designation is Business Neighborhood (BN), allowing for a wide variety of commercial uses. Permitted uses under BN zoning include, but are not limited to: antique shops, service shops (barber, beauty, etc.), laundromats, convenience stores, grocery stores, florists, and professional offices. Furthermore, conditional use applications can expand possibilities to include churches, dry cleaners, and health centers, among others. The building's design allows for flexibility in its use, with the potential for easy division into multiple units. A new well will be installed by the seller. This property offers significant revenue potential, whether through leasing or owner-operation. Its versatility and strategic location make it an ideal choice for entrepreneurs and investors seeking a thriving commercial venture.

Property profile
Verified
Property type Commercial real estate
Year built 1975
Total area 3,200 SF
Lot 0.45 ac (19,602 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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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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