907 Dupont Hwy New Castle, DE 19720-2534
- Retail space
- 1,804 SF
- 0.17 lot acres
Current Use by Public Records
- Retail space
Property Details for 907 Dupont Hwy
- Year built
- 1920
- Construction
- CONCRETE
- Lot size
- 0.17 lot acres
- Property size
- 1,804 SF
- Zone code
- CN
- Property type
- Retail space
- APN
- 10-014.30-481
- APU
- 1001430481
Description
This exceptional 1,800 square foot freestanding retail building is ideally situated on heavily trafficked Dupont Highway (Route 13) in Wilmington Manor, Delaware, zip code 19720. Boasting a prominent corner location, the property offers unparalleled visibility and accessibility with ample pull-up parking for customer convenience. The building benefits from a highly visible pylon sign, maximizing its marketing potential. The previous tenant occupied the space for over 50 years, demonstrating the location's enduring appeal and stability. Its strategic placement next to established businesses like Seasons Pizza and Dunkin' Donuts, and across from McDonald's, ensures high foot traffic and brand synergy. The building's single-tenant occupancy provides flexibility for a variety of retail or office uses. The property's size, location, and visibility make it an exceptional opportunity for businesses seeking a high-impact presence in a thriving commercial area. The three lanes of traffic in each direction on Dupont Highway guarantee significant daily exposure to potential customers. This is a rare opportunity to acquire a well-established and highly visible commercial property in a prime Delaware location.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $295,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $340,000
- 6.5%
- $345,000
- 7%
- $355,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $345,000
- Geo Method
- $345,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $375,000
- Retail
- $400,000
- Mixed-Use
- $395,000
- Hospitality
- $335,000
- Educational
- $320,000
- Residential Income
- $305,000
- Energy
- $385,000
- Income-Based Land
- $405,000
- Food Service
- $350,000
Location Insight
- Map
- Local Demand
- City
- New Castle
- County
- New Castle
- State
- Delaware
- Longitude
- -75.5847
- Latitude
- 39.6874
- CBSA code
- 37980
- CBSA name
- PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA