Property profile

8977 Dupont Blvd Lincoln, DE 19960

FOR SALE
Mixed-use properties
Property ID
US17-0079462
3,300 SF 0.69 ac lot Built 2015
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Property summary

AI-generated overview

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

Verified
Property type Mixed-use properties
Year built 2015
Total area 3,300 SF
Lot 0.69 ac (30,056 SF)
UPID US17-0079462

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Grocery & Convenience Store Food Market

Location

8977 Dupont Blvd Lincoln, DE 19960
Lincoln metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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