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Listed by Brandon Hohrein • Keller Williams Realty Central-Delaware
$ 80,000
Est. payment | /mo
6,970 Sqft Lot
$ 80,000
Est. payment | /mo
6,970 Sqft Lot
Key Details
Property Type Vacant Land
Sub Type Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID DESU2120188
HOA Y/N N
Annual Tax Amount $298
Tax Year 2026
Lot Size 6,970 Sqft
Acres 0.16
Property Sub-Type Land
Source BRIGHT
Property Description
Discover a prime investment opportunity with this 0.16-acre parcel of land, strategically positioned for future development or resale potential. This versatile lot offers a blank canvas for investors looking to capitalize on the growing demand for residential or commercial properties in the area. The property is located in a burgeoning neighborhood, characterized by increasing property values and a robust local economy. Its proximity to essential amenities and infrastructure enhances its appeal, making it an attractive option for future development projects or long-term hold strategies. With no existing structures, investors have the flexibility to design and build according to market trends, maximizing potential returns. The absence of association fees and restrictions allows for greater autonomy in development decisions, further enhancing the investment's value proposition. This land parcel is ideal for those seeking to diversify their portfolio or enter the real estate market with a manageable investment. The potential for appreciation in value, coupled with the opportunity to develop a property that meets current market demands, positions this lot as a sound financial decision. Seize the chance to invest in a property that promises not only immediate potential but also long-term growth. This is an opportunity to secure a foothold in a dynamic market, ensuring your investment aligns with future trends and demands.
Location
State DE
County Sussex
Area Indian River Hundred (31008)
Zoning GR
Exterior
Utilities Available Water Available
Water Access N
Garage N
Building
Sewer No Septic Approved
Water Public
Schools
School District Indian River
Others
Tax ID 234-34.00-27.01
Ownership Fee Simple
Horse Property N
Special Listing Condition Standard
Nearby Locations
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