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Listed by BOB WHEATLEY • Keller Williams Realty
$ 2,520,000
Est. payment | /mo
126 Acres Lot
$ 2,520,000
Est. payment | /mo
126 Acres Lot
Key Details
Property Type Vacant Land
Sub Type Land
Listing Status Under Contract
Purchase Type For Sale
MLS Listing ID DESU2062474
HOA Y/N N
Annual Tax Amount $16,212
Tax Year 2023
Lot Size 126.000 Acres
Acres 126.0
Lot Dimensions 0.00 x 0.00
Property Sub-Type Land
Source BRIGHT
Property Description
126 acres of development land immediately adjacent to the town limits of Greenwood. Town/County sewer and water is adjacent to this site. Ideal site for multi-family, town homes, apartments, single-family, mixed use community, or solar array. Engineer's preliminary review indicates adequate access from Draper Street, drainage outfall, and minimal wetlands. There are tax ditches and a electric utility easement on site. Site is currently in crops and was used as a spray irrigation field for the former owner's treated process water used in dyeing textile fabric, monitored for the last 30 years with no violations or evidence of toxicity other than nitrates normally encountered from the farming activity. The property is offered subject to a subdivision of a larger parcel that will yield one +/-126 acre parcel of vacant land and one +/- 10 acre parcel with improvements. Great development opportunity!
Location
State DE
County Sussex
Area Northwest Fork Hundred (31012)
Zoning AR-1
Exterior
Water Access N
Garage N
Building
Lot Description Subdivision Possible, Crops Reserved, Irregular, Partly Wooded, Private, Rural, Secluded
Sewer Other
Water Other
Schools
School District Woodbridge
Others
Tax ID 530-09.00-71.00
Ownership Fee Simple
Acceptable Financing Conventional, Cash
Listing Terms Conventional, Cash
Financing Conventional,Cash
Special Listing Condition Standard
NEARBY SCHOOL & BUSINESS
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