$3,416,000
85.4 Acres Route 12, Frederica, DE, 19946
85.40
Acres
Subdivision Opportunity! Large farm located within the Kent County Growth Zone. Property is part of the West Frederica Sewer Expansion. Seller has paid over $575,000 to provide gravity sewer to the site, supporting 205 +/- units. Sewer is on-site, central water is available. Sale includes a residence along Mid-State Road providing central access to the larger parcel. Since the listing hit the market, the Town of Frederica has expressed interest for annexation, which would allow for greater density. Seller will also accept non-contingent approval contract at $2,600,000 for a closing within 9 months.
Facts & Features
MLS® # | DEKT2011114 |
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Price | $3,416,000 |
Bathrooms | 0.00 |
Acres | 85.40 |
Type | Land |
Sub-Type | Land |
Status | Pending |
Community Information
Address | 85.4 Acres Route 12 |
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Area | Lake Forest (30804) |
City | Frederica |
County | KENT-DE |
State | DE |
Zip Code | 19946 |
Senior Community | No |
Amenities
Utilities | Electric Available, Sewer Available, Water Available |
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Is Waterfront | No |
Interior
Has Basement | No |
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Fireplace | No |
Exterior
Lot Description | Cleared, Corner Lot, Road Frontage, Subdivision Possible |
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School Information
District | LAKE FOREST |
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Additional Information
Date Listed | June 1st, 2022 |
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Days on Market | 502 |
Zoning | AC |
Foreclosure | No |
Short Sale | No |
RE / Bank Owned | No |
Listing Details
Office | MASTEN REALTY LLC |
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Contact Info | (302) 422-1850 |