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801 North State Street
Dover, DE 19901
Asking Price
$1.25M
Asset Type
Commercial Retail
Class
Class B
What's Special
Redevelopment Land For Sale <ul><li><span style="color: rgba(33, 37, 41, 1)">1.943 +/- acres of commercial land overlooking Silver Lake</span></li><li><span style="color: rgba(33, 37, 41, 1)">Previously approved for construction of a 7,681 +/- SF restaurant</span></li><li><span style="color: rgba(33, 37, 41, 1)">Direct access to and from both directions of N. State Street</span></li><li><span style="color: rgba(33, 37, 41, 1)">Some offsite DelDOT improvements already complete</span></li><li><span style="color: rgba(33
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NOI
$80,000
Cap Rate
6.40%
DSCR
1.08
Tight
Cash-on-Cash
1.54%
Monthly Payment
$6,184.318
Annual Cash Flow
$5,788.184
