53 Roosevelt Ave Dover, DE 19901
This exceptional 0.35-acre commercial land parcel, located at 53 Roosevelt Avenue in Dover, Delaware, presents a unique investment opportunity. Priced at $159,000, this build-ready site is zoned C4, offering considerable development potential. The property's convenient location boasts immediate access to South Dupont Highway (Route 13) via the Puncheon Run Connector, ensuring excellent visibility and accessibility. Utilities, including sewer, water, and gas, are readily available at the site, streamlining the construction process. The surrounding area offers a wealth of established amenities, including the nearby Carrolls Corner Shopping Center, Bayhealth Occupational Health, and a Walgreens pharmacy, contributing to a thriving commercial environment. The tax parcel number is 2-05-077.17-05-7300-00001. This property's prime location and build-ready status make it an ideal choice for developers seeking a strategic foothold in a rapidly growing area of Dover, Delaware. The site is ready for immediate development, eliminating lengthy permitting and utility connection delays. This presents a significant advantage for investors seeking a quick return on investment. Don't miss this chance to acquire a highly desirable commercial lot in a prime Dover location.
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.