Property profile

0 State St Dover, DE 19901

OFF-MARKET
Land
1.8 ac lot
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Property summary

AI-generated overview

This exceptional 1.8-acre commercial land parcel presents a unique investment opportunity in Dover, Delaware. Located on South State Street, this property boasts prime waterfront access and is zoned RS1, offering a range of potential development options. The expansive lot size provides ample space for various commercial ventures, making it ideal for businesses seeking a prominent location with significant visibility. The property's convenient location within Dover ensures easy access to major transportation routes and a thriving local community. Detailed site plans are available upon request. The tax parcel number is 2-00-086.13-02-64.00-000. This is a rare chance to acquire a substantial waterfront property in a desirable Delaware location. Serious inquiries only. The asking price for this exceptional commercial land is $450,000. Don't miss this opportunity to secure a prime piece of Delaware real estate with significant potential for growth and return on investment. The property's waterfront location adds significant value and appeal, making it an attractive proposition for a variety of commercial uses. Further information regarding permitted uses under the RS1 zoning designation can be obtained from the relevant planning authorities.

Property profile

Verified
Property type Land
Lot 1.8 ac (78,408 SF)

Cap rate & NOI

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

Location

State St Dover, DE 19901
Dover metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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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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