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Investment Highlights

  • One of the lowest property tax burdens in the nation.
  • No sales tax
  • Delaware State corporate income tax rate of 8.70%
  • No value added tax (no use, inventory or unitary tax)

Executive Summary

FOR SALE - prime industrial development opportunity! Located within the Garrison Oak Technology Park, this 11.6-acre industrial site presents a great opportunity for development in one of Dover’s most sought-after business parks. With IPM2 zoning, the property is ideal for a variety of industrial and technology-driven uses, including general warehouse and cold storage facilities.

Property Facts

Price $3,419,200 CAD
Price Per SF $20.72 CAD
Sale Type Investment
Sale Condition Build to Suit
Property Type Industrial
Property Subtype Warehouse
Building Class B
Lot Size 11.50 AC
Construction Status Proposed
Rentable Building Area 165,000 SF
No. Stories 1
Tenancy Single
Parking Ratio 0.72/1,000 SF
No. Dock-High Doors/Loading 66
Zoning IPM - IPM zoning, Dover

Amenities

  • Signage

Utilities

  • Lighting
  • Gas
  • Water
  • Sewer
  • Heating
Somewhat walkable
20/100
Exceptionally drivable
100/100
Fairly bikeable
40/100

Property Taxes

Property Taxes

Parcel Number
4-05-06800-02-0800-000
Land Assessment
$839,495 CAD
Improvements Assessment
$0 CAD
Total Assessment
$839,495 CAD
  • Listing ID: 35238020

  • Date on Market: 2024-05-31

  • Last Updated:

  • Address: 451 Garrison Oak Dr, Dover, DE 19901

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