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Prime Location Land for Sale 1620 Capitol Trl

988 SF Retail Building Newark, DE 19711 £454,314 (£460/SF)

Investment Highlights

  • 0.48 +/- Acres
  • AADT: Capitol Trail (Kirkwood Hwy) 32,119 +/- VPD

Executive Summary

Prime land development opportunity: 0.48 +/- acres situated along Capitol Trail (Kirkwood Highway)! This high-traffic property boasts exceptional visibility and accessibility, making it the perfect site for retail development or commercial ventures. Zoned Commercial Neighborhood (CN), it offers a unique opportunity for a variety of uses in a highly desirable location.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
988 SF
Year Built
2004
Price
£454,314
Price Per SF
£460
Tenancy
Single
Number of Floors
1
Building FAR
0.05
Lot Size
0.48 AC
Zoning
CN - Commercial Neighborhood
Frontage
175 ft on Capitol Trail Route #2

Amenities

  • Corner Lot

Nearby Major Retailers

Outback Steakhouse
Chase
The YMCA
Hooters
Perkins
Friendly's Ice Cream Shop
IHOP
Saladworks
Capriotti's

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
08-054.40-035
Land Assessment
£81,855
Improvements Assessment
£23,969
Total Assessment
£105,824
  • Listing ID: 34062913

  • Date on Market: 03/12/2024

  • Last Updated:

  • Address: 1620 Capitol Trl, Newark, DE 19711

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