Property
Frederica, DE 19946 85.4 Acres Route 12
$3,416,000
Pending
Presented By: MASTEN REALTY LLC
Home Details
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.
Presented By: MASTEN REALTY LLC
General for 85.4 Acres Route 12
Acceptable FinancingCash, Conventional
Additional Parcels DescriptionSale includes 3 parcels: SM-00-141.00-01-06.00 & 06.12 and SM-08-141.06-01-74.00
Additional Parcels Y/NYes
Association Recreation FeeN
CityFREDERICA
Clean Green Assessed Y/NNo
Condo/Coop Association Y/NNo
CountyKENT
Current UseResidential, Agriculture
Directions-
HOANo
Historic Y/NNo
Lease Considered Y/NNo
Location TypeSuburban
Lot Size Square Feet3720024.00
Lot Size UnitsSquare Feet
MLS AreaLake Forest (30804)
ModificationTimestamp2024-12-23T14:18:33
OwnershipFee Simple
PossessionImmediate
Possible UseResidential, Agriculture, Development
Price Per Sq Ft Total AG0.92
Property SubtypeLand
Property TypeLand
School DistrictLAKE FOREST
SewerPublic Hook/Up Avail
Standard StatusPending
StatusPENDING
Tax Annual Amount1161.0
Tax Assessed Value0.0
Tax Year2021
UtilitiesElectric Available, Sewer Available, Water Available
Vacation Rental Y/NNo
Water Access Y/NNo
ZoningAC
Exterior for 85.4 Acres Route 12
Land Use Code
Lot FeaturesCleared, Corner, Road Frontage, Subdivision Possible
Lot Size Acres85.40
Lot Size SourceEstimated
Navigable Water Y/NNo
Road ResponsibilityCity/County
Road Surface TypePaved
Water Oriented Y/NNo
Water SourcePublic Hook-up Available
Water View Y/NNo
WaterfrontY/NNo
Additional Details
Price History
Tina Torres
Broker/Owner