Dover, DE
Commercial Real Estate Market Trends & Data

$177 Avg asking sale price
$330 Avg asking lease rate
26,486 SF Avg unit lease size
32,722 SF Avg building size for sale
7.99% Average cap rate

Dover's Demographic Profile

Dover has 15,799 households and a median income of $52,478, providing context for rent absorption and tenant demand across retail and multifamily assets. A +6% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metric Value
Population 41,037
# Households 15,799
Median age 34
Median household income $52,478
Avg household size 2.0
Renter-occupied housing units 8,256
5-year population change +6%

{{marketTabHeadings[activeMarketTab]}} Market Metrics Near Dover, DE

↻ Updated Monthly

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Nearby Office Markets Avg Cost/SF Typical Size Cap Max
Dover $211 16,206 SF 7.75%
Hartly $150 6,375 SF 9.80%
Nearby Retail Markets Avg Cost/SF Typical Size
Dover $236 36,273 SF
Wyoming $128 40,559 SF
Camden $305 17,329 SF
Camden Wyoming $128 40,559 SF
Hartly $150 6,375 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
Dover $357 3,295 SF 10.10%
Greensboro $153 2,260 SF 9.00%

Commercial Properties For Sale in Dover

The listings below reflect how current market pricing and building scale translate into active opportunities available today.
For Sale

Representative Lane

Dover, DE

  • 7.30% Cap Rate
  • $995,000
For Sale

728 Leipsic Rd

Dover, DE 19901

  • 5,455 SF Retail Building
  • $1,350,000
For Sale

1288 S Governors Ave

Dover, DE 19904

  • 7,037 SF Office Building
  • $2,000,000
For Sale

6 S State St

Dover, DE 19901

  • 7,209 SF Office Building
  • $699,000
For Sale

1326 Forrest Ave

Dover, DE 19904

  • 3,763 SF Retail Building
  • $860,000
For Sale

210 Beiser Blvd

Dover, DE 19904

  • 10,648 SF Office Building
  • 7.75% Cap Rate
  • $2,482,000

Average Price For Sale

↻ Updated Monthly

Average Price For Lease

↻ Updated Monthly

Number of Listings

↻ Updated Monthly

Cap Rate

↻ Updated Monthly

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Nearby Commercial Markets

Comparing nearby markets helps investors see whether Dover pricing and building scale sit above, below, or in line with surrounding areas.

Commercial Markets Avg Cost/SF Average Size
Dover $177 32,722 SF
Wyoming $128 40,559 SF
Camden $146 35,815 SF
Cheswold $293 2,032 SF
Camden Wyoming $181 40,559 SF

Regional Demographic Comparison

This comparison places Dover alongside nearby cities to show how population size, household counts, and income levels differ across the region. Viewing these markets side by side helps investors understand whether local demand and income characteristics are concentrated in Dover or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
Dover 41,037 15,799 34 $52,478 2 8,256 6%
Wyoming 2,002 754 38 $67,377 3 186 7%
Camden 4,167 1,645 39 $61,415 3 409 8%
Cheswold 2,290 894 44 $54,784 3 109 9%

Disclaimer: The figures on this page reflect LoopNet's active commercial listings in Dover, DE and update as inventory changes. Averages can shift between periods or vary across property types depending on the mix of listings available at a given time, so individual metrics may not reflect broader market trends. These figures are best used as directional benchmarks for early market evaluation. For comprehensive commercial real estate data and analytics, subscribe to CoStar.

FAQs About Commercial Investing in Dover

View All Commercial Real Estate For Sale in Dover
Is Dover a good market for a first-time commercial real estate investor?

Dover offers commercial properties across a wide range of sizes and price points. By reviewing the market data and benchmarks on this page, first-time investors can better understand what a typical commercial property looks like before committing capital and narrowing in on specific listings.

How can this market data help me decide whether to buy commercial property for my business in Dover?

The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in Dover. Typical building sizes and asking prices provide a starting point for evaluating space needs, budget fit, and long term occupancy costs before engaging lenders or brokers.

What should conservative investors focus on when evaluating commercial properties in Dover?

Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for Dover. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.

How does Dover compare to nearby commercial real estate markets?

Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to Dover. Reviewing these side by side helps experienced investors identify relative value, pricing premiums, or alternative markets that may better align with return targets.

How can this page support early-stage deal screening for Dover acquisitions?

This page provides high-level benchmarks for pricing, deal size, and observed cap rates in Dover, which are useful for initial market filtering. Institutional and data-driven investors often use these signals to prioritize listings that meet size, pricing, and return thresholds before deeper underwriting.

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