1330 Forrest Ave Dover, DE 19904
This exceptional executive office building, located at 1330 Forrest Ave in Dover, Delaware, presents a unique investment opportunity. The property boasts 864 square feet of space situated on a 0.64-acre lot, offering significant potential for growth and development. The building is zoned C2A, allowing for a variety of commercial uses. The property is offered as a ground lease with an annual ground lease payment of $40,000. The property's tax records indicate Kent County taxes of $865.75 and City of Dover taxes of $420.22 in 2015. Utilities are provided by the City of Dover and Chesapeake Utilities. The asking price for this prime commercial property is $475,000. The tax parcel number is 2-05-07610-01-5200-000. This property is ideal for an owner-occupier seeking a well-located executive office space or an investor looking for a strong return on investment in a thriving Delaware market. The convenient location in Dover, Delaware, offers easy access to major transportation routes and amenities. This is a rare opportunity to acquire a well-maintained commercial property in a desirable location at an attractive price point. Don't miss out on this chance to own a piece of Dover's commercial landscape.
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
Similar Nearby for Sale
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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.