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A RARE FIND! PERFECT DEVELOPMENT POTENTIAL! PRIME Real Estate in Eastern Sussex County just minutes to the DE Beaches and resort areas of the Atlantic Ocean. It is literally less than 8 miles to walk on the beach. Currently zoned AR1. This farm would be perfect for the Developer, Equestrian and/or Land Lover. Are you a Venture Capitalist looking to secure an amazing investment opportunity to grow his/her portfolio? This is your chance to own and control a massive piece of land in an area bursting with new development and growth both in residential and commercial. The natural landscape will make for an amazing new home subdivision with easy access to both Rt 113 and Rt 1 corridors. Location is as it feels-rural- but, yet convenient enough to be minutes from a myriad of restaurants, employment, and big box stores. It is also located less than 2 miles from the new Beebe Hospital South Coastal Campus. What a great selling feature for a new home community that healthcare is literally 5 minutes away! Existing trailer and a few older buildings are included with the sale. Ability to tap into a local water source is a possibility. There is also potential to be annexed to a near by small town for access to existing water/sewer which would increase density options for development. Don't miss your chance to own this beautiful farm. A famous man once said-"The best investment on earth, is earth." -Louis Glickman. Get yours now!
| DAYS ON MARKET | 237 | LAST UPDATED | 12/27/2022 |
|---|---|---|---|
| COUNTY | SUSSEX | STATUS | Conditional |
| PROPERTY TYPE(S) | Lot/Land/Acreage |
| School District | INDIAN RIVER |
|---|---|
| Elementary School | EAST MILLSBORO |
| Jr. High School | MILLSBORO |
| High School | SUSSEX CENTRAL |
| ADDITIONAL DETAILS | |
| HOA DUES | None |
|---|---|
| LOT | 50.72 acre(s) |
| LOT DESCRIPTION | Additional Lot(s), Backs to Trees, No Thru Street, Not In Development, Private, Rural, Secluded |
| LOT DIMENSIONS | 0.00 x 0.00 |
| SEWER | Septic Exists |
| TAXES | 0.00 |
| VIEW DESCRIPTION | Other |
| WATER | Well |
| ZONING | AR-1 |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listing provided by Keller Williams Realty Delmarva
Based on information from Sussex County Association of REALTORS®, Inc., which neither guarantees nor is in any way responsible for its accuracy. All data is provided 'AS IS' and with all faults. Data maintained by Sussex County Association of REALTORS®, Inc. may not reflect all real estate activity in the market.
Copyright 2023 Sussex County Association of REALTORS®, Inc.
This IDX solution is (c) Diverse Solutions 2023.
