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    Property profile & analytics

    517 Division St Dover, DE 19904

    • Commercial real estate
    • 0.51 lot acres
    For Sale
    View listing
    Value Estimation
    Location Intelligence
    Property ID
    US17-0407353
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Commercial real estate

    Property Details for 517 Division St

    Lot size
    0.51 lot acres
    Property type
    Commercial real estate

    Description

    This exceptional 0.51-acre commercial land parcel presents a unique build-to-suit opportunity in the vibrant city of Dover, Delaware. Located at 517 W Division Street and 53 N West Street, this property boasts a strategic location and is zoned C-2A, allowing for a variety of commercial uses including retail, office, and restaurant establishments. The site offers a total buildable area of 22,215 square feet, providing ample space for a customized development tailored to specific business needs. The property's single-tenant configuration ensures exclusive use and control. The address is clearly identified as 517 W Division St, Dover, DE 19904, with the parcel numbers being 2-05-07608-04-0100-000 and 2-05-07608-04-0200-000. This is an excellent chance to establish a presence in a thriving Delaware market. The lease rate is highly competitive at $22 per square foot (NNN), making this an attractive investment for businesses seeking a flexible and cost-effective solution. Don't miss this chance to secure a prime location and create a space perfectly suited to your business vision. The property's coordinates are 39.16008460157943 latitude and -75.5328235898699 longitude.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Dover
    County
    Kent
    State
    Delaware
    Longitude
    -75.53282358987
    Latitude
    39.160084601579

    Comparable in this City

    • $2,200 /Mo
      65,340 SF

      Professional Office Space Available

      Professional office space for lease in Dover, Delaware.
      230 Beiser Blvd Unit, Dover, DE 19904
      View Details
    • New
      $1,300 /Mo

      Dover Office Space For Lease

      Commercial space with private offices and convenient parking in Dover.
      383 W North St, Dover, DE 19904
      View Details
    • $1,875 /Mo

      Second Floor Office Space Available

      Second floor office space for rent, utilities included.
      1151 Walker Rd, Dover, DE 19904
      View Details
    • $19 SF/Yr
      1,710 SF

      Dover Executive Office Suite

      Prime Dover Office, 1710 sq ft
      905 Governors Ave, Dover, DE 19904
      View Details
    • $2,200 /Mo

      Professional Office Space Available

      Professional office space for rent, approximately 1500 square feet.
      230 Beiser Blvd, Dover, DE 19904
      View Details
    • Contact for pricing
      22,855 SF

      Dover Medical Office Building

      Class A space, multiple suites available
      200 Banning St, Dover, DE 19904
      View Details

    Similar Nearby for Sale

    • $234,900

      Dover Retail/Office Opportunity

      Retail or office building in Dover, close to downtown.
      319 W Water St, Dover, DE 19904
      View Details
    • $585,000

      Dover Commercial Property For Sale

      Commercial property on heavily traveled road, suitable for various uses.
      1244 Forrest Ave, Dover, DE 19904
      View Details
    • $475,000
      864 SF

      Dover Executive Office Building

      Ground lease, 864 sq ft, $475,000
      1330 Forrest Ave, Dover, DE 19904
      View Details
    • $1,500,000
      5,041 SF

      Downtown Dover Medical Office Building

      Prime Medical Office, 5041 SF, 60+ Parking
      724 New St, Dover, DE 19904
      View Details
    • $4,200,000
      1,710 SF

      Executive Office Building, Dover DE

      Income-producing office, prime Dover location.
      905 Governors Ave, Dover, DE 19904
      View Details
    • $315,000
      1,926 SF

      Executive Office Building, Dover, DE

      Prime Dover Office, High Visibility
      1447 Governors Ave, Dover, DE 19904
      View Details

    Similar Nearby for Lease

    • $2,200 /Mo
      65,340 SF

      Professional Office Space Available

      Professional office space for lease in Dover, Delaware.
      230 Beiser Blvd Unit, Dover, DE 19904
      View Details
    • New
      $1,300 /Mo

      Dover Office Space For Lease

      Commercial space with private offices and convenient parking in Dover.
      383 W North St, Dover, DE 19904
      View Details
    • $1,875 /Mo

      Second Floor Office Space Available

      Second floor office space for rent, utilities included.
      1151 Walker Rd, Dover, DE 19904
      View Details
    • $19 SF/Yr
      1,710 SF

      Dover Executive Office Suite

      Prime Dover Office, 1710 sq ft
      905 Governors Ave, Dover, DE 19904
      View Details
    • $2,200 /Mo

      Professional Office Space Available

      Professional office space for rent, approximately 1500 square feet.
      230 Beiser Blvd, Dover, DE 19904
      View Details
    • Contact for pricing
      22,855 SF

      Dover Medical Office Building

      Class A space, multiple suites available
      200 Banning St, Dover, DE 19904
      View Details
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    517 Division St
    Dover, DE 19904
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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