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Property profile & analytics
OFF-MARKET
Commercial land

743 Pulaski Hwy Bear, DE 19701-1237

0.26 ac lot
Entity Owned 3-yr Hold Free & Clear
Property ID
US17-0189381
Property summary
AI-generated overview

Exceptional opportunity to acquire 0.26 acres of commercially zoned land in Bear, Delaware. This property, located on Pulaski Highway (Route 40), boasts a prime location midway between Routes 13 and 1, experiencing over 20,000 daily vehicles. The land is zoned CR (Commercial Regional), and comes with approved plans for a two-story, 2,000 square foot office building. These plans are adaptable to a buyer's specifications, adhering to New Castle County Development Code. Buyers are responsible for confirming details with New Castle County Land Use or their own engineer. An existing record plan is available for review. It's crucial to understand that the lot cannot be legally occupied in its current state; either the existing or a buyer-revised record plan must be implemented before occupancy. This presents a unique chance to develop a thriving business in a high-traffic area. The asking price for this exceptional commercial land is $269,000. The address is 743 Pulaski Hwy, Bear, DE 19701.

Property profile
Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 0.26 ac (11,326 SF)
Zoning code CR
APN 10-034.30-183
UPID US17-0189381
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Blessed Properties LLC · 3 yrs held
Blessed Properties LLC
since 2022
3 recorded transactions
2022
Price N/A
2018
$90,000
2012
$37,500
Zoning & alternative use
CR · Bear, DE
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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