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.
Property Type :
Land
County :
KENT
Style :
Land
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ByOwner last updated this listing 05/02/2024 @ 14:53
MLS: DEKT2011114
LISTED BY: JAMIE MASTEN , MASTEN REALTY LLC
SOURCE: BRIGHT MLS
Buyer Agency Compensation: 2%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.
