517 W Division St Dover, DE 19901
For Lease
This exceptional 0.51-acre parcel, located at 517 W Division Street and 53 N West Street in Dover, Delaware, presents a unique build-to-suit leasing opportunity. Situated in a prime Dover location, this property offers unparalleled flexibility for businesses seeking to create a custom-designed space perfectly tailored to their operational requirements. The competitive lease rate of $22 per square foot (NNN) makes this an attractive proposition for companies of various sizes and industries. The land's central Dover location provides excellent accessibility and visibility, ensuring convenient access for employees, clients, and customers. This build-to-suit option eliminates the complexities and uncertainties associated with acquiring and renovating existing structures, allowing businesses to focus on their core operations. The 0.51-acre lot provides ample space for a variety of development possibilities, from small-scale offices to larger-scale commercial buildings. This is an exceptional chance to establish a strong presence in a thriving Delaware market. Interested parties are encouraged to inquire promptly to explore the potential of this remarkable build-to-suit opportunity. The address encompasses both 517 W Division Street and 53 N West Street, Dover, DE 19904. The property is offered at a net-net-net (NNN) lease rate.
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
Similar Nearby for Lease
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.