2 Swedes St New Castle, DE 19720

This exceptional 10.5-acre parcel, located at 2 Swedes Street in New Castle, Delaware (zip code 19720), presents a unique mixed-use development opportunity. Currently zoned R1, the property offers a blend of residential and non-residential possibilities, allowing for creative and flexible development plans. Its strategic location near Route 9, a high-traffic artery with 14,000 vehicles per day, ensures excellent visibility and accessibility. The site is surrounded by a thriving community, boasting a dense concentration of both residential and commercial properties, creating a strong foundation for future development. Market analysis reveals a robust demographic profile, with 134,616 households within a 5-mile radius and an average household income of $73,654, indicating significant consumer spending power and a strong potential market for various development projects. This prime location and its supporting demographics make this property an attractive investment for developers seeking a high-impact project in a desirable area of New Castle County. The property's size and zoning provide ample room for a variety of development concepts, catering to diverse needs and market demands. This is a rare opportunity to acquire a substantial land parcel in a thriving Delaware community.