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2787 Pulaski Hwy - Fully Approved Self-Storage Development 12.93 Acres of Commercial Land Offered at $2,250,000 in Newark, DE 19702
INVESTMENT HIGHLIGHTS
- Property can be accessed from both sides of Pulaski Highway (Route 40)
- VPD: 28,339 AADT
- Although the Property is approved for self-storage, CR zoning permits a litany of other commercial uses
- Frontage: 460’ on Pulaski Highway (Route 40)
- Property is located within 1 mile of the Maryland state line
EXECUTIVE SUMMARY
Barrington, The Cascades, Frenchtown Woods, LaGrange, and Woodlands at Perch Creek
PROPERTY FACTS Under Contract
| Price | $2,250,000 | Property Subtype | Commercial |
| Sale Type | Investment or Owner User | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 12.93 AC |
| Property Type | Land | No. Stories | 1 |
| Zoning | CR - CR (Commercial Regional) | ||
| Price | $2,250,000 |
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 12.93 AC |
| No. Stories | 1 |
| Zoning | CR - CR (Commercial Regional) |
1 LOT AVAILABLE
Lot
| Price | $2,250,000 | Lot Size | 12.93 AC |
| Price Per AC | $174,013.92 |
| Price | $2,250,000 |
| Price Per AC | $174,013.92 |
| Lot Size | 12.93 AC |
Fully approved self-storage development opportunity! The property sits on 12.93 acres and is zoned CR (Commercial Regional)
DESCRIPTION
Prime development opportunity on Route 40 in Newark, DE! This 12.93-acre property recently received Record Major Land Development Plan Approval for 89,400- sf of single-story mini storage in addition to 75 RV/boat parking spaces (12’x45’ each). Excellent opportunity for a developer seeking a shovel ready site that is situated directly on of one of Delaware’s most highly traveled and desirable corridors. Record Major Land Development Plan Approval obtained on 7/9/2024 for the following: 89,400 sf of single-story mini storage and 75 RV/boat parking spaces (12’x45’ each)
Presented by
2787 Pulaski Hwy - Fully Approved Self-Storage Development
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