743 Pulaski Hwy Bear, DE 19701-1237
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
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
CR · Bear, DEBear. Always verify with local authorities before improvements.
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.