24778 Dupont Blvd Georgetown, DE 19947
This exceptional 19.24-acre commercial land parcel presents a unique investment opportunity in the thriving town of Georgetown, Delaware. Located on Dupont Boulevard, a major thoroughfare, this property boasts unparalleled visibility and accessibility, ensuring maximum exposure for any commercial venture. The AR-1 zoning permits a variety of commercial uses, providing flexibility for potential developers. Georgetown's strategic location and robust economic growth, evidenced by increased new construction in both residential and commercial sectors, make this a highly desirable location for businesses seeking to establish a presence in a dynamic market. The property's substantial size offers ample space for large-scale development projects, catering to a wide range of commercial needs. The asking price is $2,119,000. This single parcel presents a compelling opportunity to capitalize on Georgetown's expanding commercial landscape and secure a prominent position in a rapidly growing community within Sussex County. The property's address is 24778 Dupont Blvd, Georgetown, DE 19947. Its geographical coordinates are latitude 38.64736 and longitude -75.355588.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.