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38 Winding Creek Rd Dover, DE 19904

OFF-MARKET Commercial real estate Google Maps
29,620 SF 0.68 ac lot Built 1950
Estimated value
No estimation on file for this property yet.
Property ID US17-0236520

Property summary

AI-generated overview

This exceptional investment opportunity encompasses two adjacent parcels totaling 0.68 acres, strategically located at 38 & 58 Winding Creek Road in Dover, Delaware. The combined land area offers a substantial 29,620 square feet of developable space, presenting a unique chance for various commercial ventures. Parcel 38 Winding Creek Road is zoned BG, providing flexibility for a range of commercial uses. Parcel 58 Winding Creek Road is primarily zoned BG, with a small section in the northwest corner designated AR. This zoning diversity allows for a broader spectrum of development possibilities, catering to diverse business needs. The property's location in Dover offers convenient access to major transportation routes, enhancing its appeal for businesses seeking efficient logistics and accessibility. The combined size and strategic zoning of these parcels make this an attractive proposition for developers and investors seeking a prime location for commercial development in a thriving Delaware market. The existing zoning designations provide a solid foundation for a variety of projects, from light industrial to commercial ventures, making this a versatile and highly sought-after property. Serious inquiries are encouraged to explore the full potential of this unique development opportunity. The property is offered at $479,000.

Property profile

Verified
Property type Commercial real estate
Year built 1950
Total area 29,620 SF
Lot 0.68 ac (29,621 SF)
UPID US17-0236520

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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