• 1030 Forrest Avenue DOVER, DE 19901

  • $599,000
  • 25,265
    Sq Ft
  • 25265
    Sqft

Prime Commercial Parcel in Dover's Gateway West Discover an unparalleled opportunity at the heart of Dover, DE. Located at the bustling corner of Forrest Ave (Route 8) and Saulsbury Road, this vacant 0.58-acre out parcel, zoned SC-2, sits within the vibrant Gateway West Shopping Center. Surrounded by anchor tenants like Food Lion and Dollar Tree, it promises high visibility and foot traffic, essential for any successful business venture. Highlights: Strategic Location: At a busy intersection, ensuring maximum exposure to local and passing traffic. Flexible Development: Zoned SC-2, suitable for a range of businesses including retail, dining, and services. Ready to Build: Access to city-provided electric, sewer, and water utilities, plus an existing entrance from the shopping center. Growing Market: Positioned in a demographic sweet spot, with increasing population and household income within a 3-mile radius. Opportunity Zone Benefits: Potential for significant tax advantages, enhancing investment attractiveness. This parcel represents a rare chance to establish or expand your business in a location designed for growth and convenience. Ideal for investors or developers seeking a site with high potential and readiness for immediate development. Don’t miss out on the chance to be part of Dover’s commercial future.

Property Type :

Land

County :

KENT

Style :

Land

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Property Details

 

Water/Sewer

Water Source : Public

Utility Features

Sewer: Public Sewer

Lot Information

Lot Size: 25,265

Dimensions: 121.12 x 177.20

Lot Size (Acres): 0.58

Main Square Feet: 25,265

Property Information

Total Lot SQ ft: 25,265

Financing: Cash

Appx. Lot Dimensions: 121.12 x 177.20

Total Acreage: 0.58

Listing Information

Possession: Negotiable

Days Of Market: 2

Lease Information

Lease Considered: Yes

Tax Information

Annual Tax: $2,085

Tax Year: 2023

Total Taxes Payment Frequency: Annually

Possession

Negotiable

Assessment Information

Taxes Assessment Amount: $8,700

Multi-Unit Information

Acceptable Financing: Cash

Homeowners Association Information

Direction: Head west on Walker Rd 0.8 mi. Turn left onto Kenton Rd 0.5 mi. Turn left onto Forrest Ave. Continue 0.7 mi, destination is on your right.

School Information

School District: CAPITAL

Utility Information

Water Source: Public

Sewer: Public Sewer

Location Information

Location Type: Corner Lot/Unit

Direction: Head west on Walker Rd 0.8 mi. Turn left onto Kenton Rd 0.5 mi. Turn left onto Forrest Ave. Continue 0.7 mi, destination is on your right.

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
1506 Mckee & Joanna Cre.., Dover, DE,19901 $1,000,000 -- -- 1,742,400 1742400 Sqft
181 Front Street , Dover, DE,19901 $189,000 1 2.0 1,280 6534 Sqft
Leipsic Road , Dover, DE,19901 $628,899 -- -- 2,713,788 2713788 Sqft
275 N Bay Drive , Dover, DE,19901 $125,000 -- -- 26,559 26559 Sqft
211 Walker Road , Dover, DE,19901 $300,000 -- -- 51,700 51700 Sqft
209 Walker Road , Dover, DE,19901 $275,000 -- -- 40,900 40900 Sqft
N Bay Drive , Dover, DE,19901 $255,000 -- -- 11,326 11326 Sqft
Lot 2 Celebration Lane , Dover, DE,19901 $220,000 -- -- 428,195 428194.8 Sqft
256 Headstart Lane , Dover, DE,19901 $600,000 -- -- 278,784 278784 Sqft
Horsepond Road , Dover, DE,19901 $175,000 -- -- 191,664 191664 Sqft

Data provided by Bright MLS. Property information is for the users personal, non-commercial use. Information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties that appear on the website may no longer be for sale, and may be under contract or sold. ©2024 Bright MLS, All Rights Reserved. Information is reliable but not guaranteed.

ByOwner last updated this listing 04/27/2024 @ 05:41

MLS: DEKT2025732
LISTED BY: Nikhil Patel , Keller Williams Realty Central-Delaware
SOURCE: BRIGHT MLS
Buyer Agency Compensation: 2.5%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.

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