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Property profile

53 Roosevelt Ave Dover, DE 19901

OFF-MARKET
Land
Property ID
US17-0015761
0.35 ac lot
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Land
Lot 0.35 ac (15,246 SF)
UPID US17-0015761

Cap rate & NOI

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

Location

53 Roosevelt Ave Dover, DE 19901
Dover metro
Google Maps

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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