34164 Dupont Blvd Frankford, DE 19945
- Commercial real estate
- 3.87 lot acres
Current Use by Public Records
- Shore Appliance Connection Inc / Appliance Store
Property Details for 34164 Dupont Blvd
- Lot size
- 3.87 lot acres
- Zone code
- C-1
- Property type
- Commercial real estate
- APN
- 433-6.00-33.00
- APU
- 4336003300
Description
This exceptional mixed-use property, located at 34164 Dupont Boulevard in Frankford, Delaware, presents a compelling investment opportunity. The 4.88-acre lot, encompassing tax parcels #433-6.00-33.00 and #433-6.00-31.02, boasts a highly visible location on Route 113, situated at a traffic light in the southbound lane. The property offers excellent accessibility, with frontage on both Route 113 and Road 402, providing multiple points of entry to the ample parking area. The existing building totals 13,750 square feet, currently housing Shore Appliance in 6,600 square feet, leaving 7,150 square feet available for lease. A significant advantage is the inclusion of a large, gated, and fenced 30,000-square-foot storage area at the rear of the property. Recent renovations include a new roof, garage doors, and parking lot. An approved sign further enhances the property's visibility and appeal. The property's strategic location, combined with its size and existing improvements, presents significant potential for a variety of commercial uses. The presence of an M&T Bank ATM at the front of the parking lot adds to the property's convenience and attractiveness. This is a rare opportunity to acquire a substantial, well-located commercial property in a growing area.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $315,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $305,000
- 6.5%
- $315,000
- 7%
- $280,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $300,000
- Geo Method
- $295,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $340,000
- Retail
- $265,000
- Mixed-Use
- $275,000
- Hospitality
- $310,000
- Educational
- $285,000
- Residential Income
- $345,000
- Energy
- $325,000
- Income-Based Land
- $290,000
- Food Service
- $350,000
Location Insight
- Map
- Local Demand
- City
- Frankford
- County
- Sussex
- State
- Delaware
- Longitude
- -75.2416
- Latitude
- 38.5178
- CBSA code
- 41540
- CBSA name
- SALISBURY, MD-DE METROPOLITAN STATISTICAL AREA