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Financial
Distress signals
Property profile

650 Bay Rd Dover, DE 19901

OFF-MARKET
Commercial real estate
Property ID
US17-0163741
192,848 SF 17.7 ac lot Built 1971
Last sale Aug 2012 · $2,750,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 14-yr Hold Held for 14 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

Bay Court Plaza, located at 650 S Bay Rd in Dover, Delaware (zip code 19901), presents a significant retail opportunity. This commercial property encompasses a total of 60,000 square feet, currently entirely vacant and ready for immediate occupancy. The property is classified as multi-tenant retail space, offering flexibility for various business types. Situated in Kent County, the property boasts a lot size ranging from one to two acres, providing ample space for potential expansion or…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$89k
Tax billed · 2023
Assessed value$3.02M
Assessed land$478k
Assessed improvement$2.54M
Effective rate2.94%

Value estimate

· Oct 2026
$16.76M
$15.08M – $18.44M
Submarket $/SF estimate$19.10M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$171/SF
ZIP average, outlier-cleaned · 78 recorded sales of this use type
Observed band · Q1–Q3$95 – $264

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
SC2
JurisdictionKENT

Location intelligence

Which uses thrive at this corner?
Best fit: HVAC Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
HVAC Service13.5
Storage Facility11.8
Garden Center11.0

Location

650 Bay Rd Dover, DE 19901-4616
County assessor Recorded deeds · 3 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1788 Dupont, Dover, DE 19901-2219 $9,075,000 Dec 2025 24,367 SF
375 Gtwy S, Dover, DE 19901-5899 $7,331,658 Jul 2025 86,243 SF
280 Cowgill, Dover, DE 19901-4500 $2,195,122 Jun 2025 6,400 SF
21 State, Dover, DE 19901-3802 $9,600,000 Oct 2024 63,662 SF
3872 Dupont, Dover, DE 19901-1520 $250,000 Aug 2024 5,974 SF
889 Little Crk, Dover, DE 19901-4721 $6,738,000 Apr 2024 31,931 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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