0 Us Rte 13 & Jerome Dr Dover, DE 19901
Cheswold Village presents a unique 51.13-acre development opportunity in Kent County, Delaware. This commercially zoned (R-3) parcel boasts exceptional visibility and accessibility, situated at the signalized intersection of US Route 13 and Jerome Drive. Its strategic location directly behind a newly constructed Walmart Supercenter and adjacent to other commercial properties ensures high traffic and strong potential for future growth. The property is already annexed into the Town of Cheswold, offering immediate access to municipal services. Utilities are readily available on-site, simplifying the development process. With its R-3 zoning, this land is ideally suited for a variety of commercial uses, offering significant potential for investors and developers. Preliminary estimates suggest the site could accommodate approximately 102 single-family residential lots, making it an attractive option for residential development as well. The property's size, location, and zoning regulations combine to create a compelling investment opportunity in a rapidly growing area of Delaware, just north of Dover. The address is US Route 13 & Jerome Drive, Cheswold, DE 19901.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property 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.