sold > HALL LAKEVIEW PROPERTY-462-470 North DuPont Hwy, Dover, Kent Co

HALL LAKEVIEW PROPERTY-462-470 North DuPont Hwy, Dover, Kent County, DE 19901

HALL LAKEVIEW PROPERTY FRONT EAST VIEW
HALL LAKEVIEW PROPERTY FRONT EAST VIEW
HALL LAKEVIEW PROPERTY FRONT EAST VIEW
HALL LAKEVIEW PROPERTY AERIAL VIEW
HALL LAKEVIEW PROPERTY MARKET AREA MAP
HALL LAKEVIEW PROPERTY ZONING MAP
HALL LAKEVIEW PROPERTY TRAFFIC SUMMARY
HALL LAKEVIEW PROPERTY TAX MAP
HALL LAKEVIEW PROPERTY 312 LAKEVIEW AVE RESIDENTIAL UNIT FRONT NORTH VIEW
HALL LAKEVIEW PROPERTY FRONT EAST VIEW LOOKING NORTH
HALL LAKEVIEW PROPERTY SIDE NORTH VIEW TO ROUTE 13
HALL LAKEVIEW PROPERTY SIDE NORTH VIEW
HALL LAKEVIEW PROPERTY REAR WEST VIEW LOOKING SOUTH
HALL LAKEVIEW PROPERTY REAR WEST VIEW LOOKING NORTH
HALL LAKEVIEW PROPERTY SIDE SOUTH VIEW
HALL LAKEVIEW PROPERTY 312 LAKEVIEW AVE RESIDENTIAL UNIT REAR SOUTH VIEW
HALL LAKEVIEW PROPERTY 312 LAKEVIEW AVE RESIDENTIAL UNIT SIDE EAST VIEW

PROPERTY NAME

HALL LAKEVIEW PROPERTY

PRICE

$775,000 : $91 +/- PSF BLDG * 7.70% CAP

ADDRESS

462-470 SOUTH DuPONT HWY &
312 LAKEVIEW AVENUE, DOVER
KENT COUNTY, DELAWARE 19901

PROPERTY TYPE

MIXED – USE COMMERCIAL & RESIDENTIAL

GROSS INCOME - PGI

$83,400 PER YEAR * $9.78 +/- PER SQ FT

OPERATING EXPENSES

$23,750 PER YEAR * $2.78 +/- PER SQ FT

NET OPERATING INCOME

$60,000 PER YEAR * $7.00 +/- PER SQ FT

YIELD

7.70 % CAP * 9.3 GIM

BUILDING AREA

7,185 +/- SQ FT RETAIL STRIP
1,345 +/- SQ FT SFRDU

COVERAGE RATIO

40 % +/-

LAND AREA

21,300 +/- SQ FT, 0.50 +/- ACRE

LOT FRONTAGE, DuPONT HWY

107 +/- FEET

LOT DEPTH, LAKEVIEW AVE

200 +/- FEET

ZONING

C-4, HIGHWAY COMMERCIAL, CITY OF DOVER

TAX MAP

ED05 - 068.13 – 01 - 57.00 - 00001

DEED REFERENCE

D2156 – 335

SCHOOL DISTRICT

CAPITAL

CITY TAX ASSESSMENT

$904,800 : $107 +/- PSF

CITY TAX RATE

$0.405 / $100

CITY PROPERTY TAX

$3,700 +/- : $0.43 PSF

COUNTY TAX ASSESSMENT

$170,400 : $20.00 +/- PSF

COUNTY TAX RATE

$2.5030 / $100

COUNTY PROPERTY TAX

$4,300 +/- : $0.50 +/- PSF
 

PROPERTY DESCRIPTION : The Hall Lakeview Property is a mixed – use commercial and residential property including a three – unit commercial strip center and a single family residential dwelling unit, located on the southwest corner of South DuPont and Lakeview Avenue. The property is zoned C-4, Hwy Commercial, is serviced by all municipal central utilities on separate utilities meters, and is fully occupied. The landlord pays sewer and water. This property is ideally located on U S Route 13, and near Downtown Dover, with easy access to all parts of the State and the region.

ALL INFORMATION SUBMITTED SUBJECT TO ERRORS AND MODIFICATIONS. ALL INFORMATION CONTAINED HEREIN OBTAINED FROM RELIABLE SOURCES BUT NOT GUARANTEED. PROSPECTIVE PURCHASERS SHOULD VERIFY ALL INFORMATION SUBMITTED. LISTING BROKERAGE REPRESENTS SELLER.

Phil McGinnis, CCIM, GAA, ACoM, ALC, e-PRO

 

Office :

(302) 736 - 1538

Cell :

(302) 270 - 0656

Fax :

(302) 736 - 2715

Email:

pjm@mcginnisrealty.com
 

 

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555 East Loockerman St. Dover, Delaware 19901 • Phone:302.736.2710 Fax: 302.736.2715
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