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2787 Pulaski Hwy - Fully Approved Self-Storage Development

12.93 Acres of Commercial Land Offered at $3,000,000 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

Surrounding Residential Development: Over 3,000+ residential dwellings within 0.50 miles of the property including the following subdivisions:
Barrington, The Cascades, Frenchtown Woods, LaGrange, and Woodlands at Perch Creek

Property Facts

Price $3,000,000
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Mixed Use
  • Multifamily
  • Apartment Units
  • Auto Dealership
  • Contractor Storage Yard
  • Hold For Development
  • Hospital
  • Storefront, Retail or Office
  • Strip Center
Total Lot Size 12.93 AC

1 Lot Available

Lot

Price $3,000,000
Price Per AC $232,019
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)

zoning

Zoning Code CR (CR (Commercial Regional))
CR (CR (Commercial Regional))
  • Listing ID: 34082498

  • Date on Market: 12/4/2024

  • Last Updated:

  • Address: 2787 Pulaski Hwy, Newark, DE 19702

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