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1985 Pulaski Hwy - Belltown Business Center

34 Acres of Commercial Land Offered at $3,500,000 in Bear, DE 19701

Executive Summary

Great Development Opportunity Just South of City of Newark home of the University of Delaware
Easy Access to Interstate 95 and Route # 1
Located across Route #40 from Fax Run Shopping Center anchor Tenant is Acme Market, KFC & many regional and national tenants

Property Facts

Price $3,500,000
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use Industrial
Total Lot Size 34.00 AC

1 Lot Available

Lot

Price $3,500,000
Price Per AC $102,941
Lot Size 34.00 AC

Eight Parcels of land collectively 34+/- acres Zoned Business Park BP inclusive is one acre zoned CR Commercial Regional with Frontage on Route # 40 Public utilities available to site Proposed access via Route # 40 to PGA BLVD. Possibly Route # 72

Description

Raw Land waiting for your plan, property was previously recoded for the proposed Belltown Business Center (which has expired) consisting of 5 buildings total of 120 K of flex space, with an additional acre of Commercial land on Route # 40 suitable for many retail uses

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
09-022.40-227
Land Assessment
$110,500
Improvements Assessment
$504,900
Total Assessment
$615,400

zoning

Zoning Code BP (Business Park, suitable for Flex warehousing, office and Institutional also one acre of Commercial CR Most retail Uses , with possible drive in)
BP (Business Park, suitable for Flex warehousing, office and Institutional also one acre of Commercial CR Most retail Uses , with possible drive in)
  • Listing ID: 31791227

  • Date on Market: 5/14/2024

  • Last Updated:

  • Address: 1985 Pulaski Hwy, Bear, DE 19701

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