550 S Bay Rd 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
R & R Commercial Realty is pleased to present an opportunity to investors and developers to own a 1.31 acre pad site prime for up to 15,000 SF of commercial office space.
PROPERTY FACTS
1 LOT AVAILABLE
Lot 3
| Price | $630,000 |
| Price Per AC | $260,330.58 |
| Lot Size | 2.42 AC |
Lot 3 is a pad site suitable to accommodate a 15,000 SF office building.
DESCRIPTION
550 S Bay Rd is a development site located in Dover and is positioned off of S Bay Rd. The site features 1.31 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 |
ZONING
| Zoning Code | C4 (Highway Commercial Zone) |
