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William Mercogliano III

themercteam@gmail.com +1(856) 472-9836

Listed by Sheri E Smith • Keller Williams Realty Delmarva

$3,804,000

Est. payment - /mo

50.72 Acres Lot

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UPDATED:

Key Details

Property Type Vacant Land

Sub Type Land

Listing Status Under Contract

Purchase Type For Sale

MLS Listing ID DESU2025854

HOA Y/N N

Tax Year 2021

Lot Size 50.720 Acres

Acres 50.72

Lot Dimensions 0.00 x 0.00

Property Sub-Type Land

Source BRIGHT

Property Description

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!

Location

State DE

County Sussex

Area Baltimore Hundred (31001)

Zoning AR-1

Interior

Inclusions Trailer & existing sheds/buildings

Exterior

Water Access N

View Other

Garage N

Building

Lot Description Additional Lot(s), Backs to Trees, No Thru Street, Not In Development, Private, Rural, Secluded

Sewer Septic Exists

Water Well

Schools

Elementary Schools East Millsboro

Middle Schools Millsboro

High Schools Sussex Central

School District Indian River

Others

Tax ID 134-15.00-15.01

Ownership Fee Simple

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

Special Listing Condition Standard

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Nearby School & Business

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William Mercogliano III

+1(856) 472-9836

Broker Associate License ID: 0893537

34311 HORSE PLAY WAY Frankford, DE 19945

William Mercogliano III

Key Details

Location

Interior

Exterior

Building

Schools

Others

Nearby School & Business

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