0 New St Dover, DE 19906
This exceptional investment opportunity encompasses eight parcels of land located at the northwest corner of West Loockerman Street and South New Street in Dover, Delaware, 19906. The property, totaling 140-148 South New Street and 303-309 West Loockerman Street, presents a unique chance to acquire a significant retail presence in the heart of Dover's downtown area. The asking price for this portfolio is $1,000,000. The property is comprised of eight individual parcels, each with its own tax ID number: 2-05-077.09-01-17.00-00001, 2-05-077.09-01-18.00-00001, 2-05-077.09-01-19.00-00001, 2-05-077.09-01-21.00-00001, 2-05-077.09-01-22.00-00001, 2-05-077.09-01-23.00-00001, 2-05-077.09-01-24.00-00001, and 2-05-077.09-01-25.00-00001. This prime location offers high visibility and excellent access for businesses seeking a strong foothold in a thriving downtown market. The property is zoned for retail use, making it an attractive proposition for a variety of commercial ventures. This is a rare opportunity to acquire a substantial and strategically located retail portfolio in a desirable Delaware market.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty 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.