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550 S Bay Rd - Lot #3 2.42 Acres of Commercial Land Offered at $630,000 in Dover, DE 19901
Investment Highlights
- Prime visibility is offered from main freeway.
- Neighboring amenities include the Blue Hen Corporate Center and a major shopping center anchored by Target and Safeway.
- The property is accessible via S Dupont Hwy and the Mart Luther King Jr. Blvd.
Executive Summary
Lot #2 is a 1.42 acre parcel that is approved for two 15,000 SF two-story office buildings.
Lot #3 is currently under contract.
High Traffic - S. Bay Rd see over 28,000+/- VPD
The site is located in front of the Century Engineers office with a dedicated turn-lane.
Zoned C4, Highway Commercial allows for a wide range of commercial uses are allowed, including retail stores, restaurants, banks, hotels, and other businesses that typically thrive in highway commercial areas.
Lot #3 is currently under contract.
High Traffic - S. Bay Rd see over 28,000+/- VPD
The site is located in front of the Century Engineers office with a dedicated turn-lane.
Zoned C4, Highway Commercial allows for a wide range of commercial uses are allowed, including retail stores, restaurants, banks, hotels, and other businesses that typically thrive in highway commercial areas.
Property Facts Under Contract
| Price | $630,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 2.42 AC |
| Property Type | Land | ||
| Zoning | C4 - Highway Commercial Zone | ||
| Price | $630,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 2.42 AC |
| Zoning | C4 - Highway Commercial Zone |
1 Lot Available
Lot 3
| Price | $630,000 | Lot Size | 2.42 AC |
| Price Per AC | $260,330.58 |
| Price | $630,000 |
| Price Per AC | $260,330.58 |
| Lot Size | 2.42 AC |
Lot #3 is currently under contract. Lot #2 is a 1.42 acre parcel $520,000 High Traffic - S. Bay Rd see over 28,000+/- VPD Zoned C4
Description
550 S Bay Rd - Lot #3 is a development site located in Dover and is positioned off of S Bay Rd. The site features 2.42 acres of land dedicated for the development of a 15,000 SF office building. The proposed site will neighbor the new Century Engineers office location and will also be provided with a dedicated turn lane thru traffic.
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Property Taxes
| Parcel Number | 2-05-07700-01-1001-000 | Improvements Assessment | $0 |
| Land Assessment | $530,500 | Total Assessment | $530,500 |
Property Taxes
Parcel Number
2-05-07700-01-1001-000
Land Assessment
$530,500
Improvements Assessment
$0
Total Assessment
$530,500
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550 S Bay Rd - Lot #3
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