499 Jimmy Dr

Property Description

Fully entitled multi-family apartment development land for sale located at Simons Corner Shopping Center, the newest, most prominent retail center in the Smyrna, DE market. The property is approved for 270 dwelling units, comprised of ten (10) 3-story buildings in a garden apartment design in addition to a two-story 1,722 sf community center and three (3) 6-stall parking garages. The property is part of the Simons Corner Shopping Center, which features a variety of pad and in-line retail users, including Aldi, Wawa, Walgreens, M&T Bank, WSFS Bank, Concord Pet, Dollar General, Anytime Fitness, Express Care, AT&T Mobile, and Hardee's.

Location Description

The property is well-located at the foot of the South Smyrna Route 1 on/off ramps at DuPont Highway and offers convenient access to all points north and south, including major employment centers in Dover, Middletown, Christiana, Newark, and Wilmington, via convenient access to both Route 1 and DuPont Highway.

Highlights

• Asking Price: $6,000,000.00
• Acreage: 14.17 acres
• All off-site & on-site improvements are complete (entrance, signals, utilities)
• Ground to be sold as raw tract with utilities delivered to the edge of the site