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Property summary
This exceptional mixed-use commercial property, located at 8977 Dupont Boulevard in Lincoln, Delaware, presents a unique investment opportunity. The 3,300 square foot building sits on a 0.69-acre lot, boasting 200 feet of road frontage and a depth of 150 feet. Its prime highway location offers excellent visibility and accessibility, with a 2022 AADT of 22,000+. The property backs onto 160 acres of farmland, providing a tranquil backdrop. Currently classified as Class B, the building requires only minor modifications to achieve Class A status. Features include a DelDot-approved commercial entry, a heavy-duty understructure for large load capacity, 220VAC 3-phase power, heat pumps, and two large roll-up doors with level roll-in capabilities. The property is ADA compliant and includes an extremely large walk-in freezer and refrigerator, along with an extra-large capacity septic system, allowing for future expansion. Additional features include a slab foundation, a metal roof, ample above-floor interior storage, and overhead lighting. Extensive parking is available for cars and delivery trucks, with designated ADA-accessible parking and shop entry. Zoned AR-1 with conditional use (former deli), this property benefits from low taxes (approximately $640 annually) and is not subject to municipal taxes. Importantly, it's located in Flood Zone X, outside the 100 and 500-year floodplains. This property offers significant potential for a variety of commercial uses.
Property profile
VerifiedCap rate & NOI
Current use
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Grocery & Convenience Store Food Market
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Derived from the Lincoln market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
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Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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