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550 S Bay Rd
Dover, DE 19901
Lot #3 · Land For Sale · 2.42 AC

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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

Lot #2 is a 1.42 acre parcel that is approved for two 15,000 SF two-story office buildings.
Lot #3 is currently under contract.
High Traffic - S. Bay Rd see over 28,000+/- VPD
The site is located in front of the Century Engineers office with a dedicated turn-lane.
Zoned C4, Highway Commercial allows for a wide range of commercial uses are allowed, including retail stores, restaurants, banks, hotels, and other businesses that typically thrive in highway commercial areas.

PROPERTY FACTS Under Contract

Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Retail
  • Office
Total Lot Size 2.42 AC
Zoning C4 - Highway Commercial Zone

1 LOT AVAILABLE

Lot 3

Price $867,705 CAD
Price Per AC $358,555.92 CAD
Lot Size 2.42 AC

Lot #3 is currently under contract. Lot #2 is a 1.42 acre parcel $520,000 High Traffic - S. Bay Rd see over 28,000+/- VPD Zoned C4

DESCRIPTION

550 S Bay Rd - Lot #3 is a development site located in Dover and is positioned off of S Bay Rd. The site features 2.42 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.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
2-05-07700-01-1001-000
Land Assessment
$747,533 CAD
Improvements Assessment
$0 CAD
Total Assessment
$747,533 CAD
  • Listing ID: 12360618

  • Date on Market: 2018-04-24

  • Last Updated:

  • Address: 550 S Bay Rd, Dover, DE 19901

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