• 112 S Delaware Street SMYRNA, DE 19977

  • $40,000
  • 2,614
    Sq Ft
  • 2613.6
    Sqft

Discover an exceptional development opportunity in the heart of Smyrna's Downtown Development District with this unique, cleared parcel of land. Located within city limits, this property presents a rare chance to partake in the area's revitalization, especially with current grants offering significant financial incentives. When you invest in building on this land, you're eligible to receive 20% back on your construction costs, exclusive of the land's purchase price. For example, a $100K investment in your new home could earn you a $20K rebate, making it an ideal choice for both personal and investment purposes. While the property is somewhat narrow, it offers the creative potential for a distinctive, long and narrow home design, adding a unique character to your project. This does mean that obtaining a variance from the city's planning, zoning, and council authorities will be necessary due to the side yard setbacks. But the effort is well worth it, given the property's prime location. It's just a short walk to downtown's vibrant scene and a nearby school, placing future residents at the center of convenience and community life. This land isn't just a piece of property; it's a foundation for your vision and a substantial contribution to the thriving future of Smyrna. Take this chance to build something truly special, whether it's your dream home or an innovative investment.

Property Type :

Land

County :

KENT

Style :

Land

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Property Details

 

Water/Sewer

Water Source : Public

Utility Features

Sewer: Public Sewer

Lot Information

Lot Size: 2,614

Dimensions: 25.00 x 105.70

Lot Size (Acres): 0.06

Main Square Feet: 2,614

Property Information

Total Lot SQ ft: 2,614

Appx. Lot Dimensions: 25.00 x 105.70

Total Acreage: 0.06

Listing Information

Possession: Settlement

Days Of Market: 15

Tax Information

Annual Tax: $92

Tax Year: 2023

Total Taxes Payment Frequency: Annually

Possession

Settlement

Assessment Information

Taxes Assessment Amount: $3,200

Homeowners Association Information

Direction: Start at 959 Norman A Eskridge Highway and turn onto Sussex Highway (US-13 North). Continue on Sussex Highway until you reach S Dupont Highway, and then turn onto Puncheon Run Connection towards SR-1/I-95/Wilmington/Delaware Memorial Bridge. From there, take SR-1 North, and then exit at 114 towards South Smyrna/US-13/SR-6/SR-300. Turn onto South Dupont Boulevard (US-13 North) towards Smyrna, and then turn onto East Chestnut Street, followed by South Main Street, and finally onto West Frazier Street. Your destination will be on South Delaware Street.

School Information

School District: SMYRNA

Utility Information

Water Source: Public

Sewer: Public Sewer

Location Information

Direction: Start at 959 Norman A Eskridge Highway and turn onto Sussex Highway (US-13 North). Continue on Sussex Highway until you reach S Dupont Highway, and then turn onto Puncheon Run Connection towards SR-1/I-95/Wilmington/Delaware Memorial Bridge. From there, take SR-1 North, and then exit at 114 towards South Smyrna/US-13/SR-6/SR-300. Turn onto South Dupont Boulevard (US-13 North) towards Smyrna, and then turn onto East Chestnut Street, followed by South Main Street, and finally onto West Frazier Street. Your destination will be on South Delaware Street.

Homes around $40,000

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
211 Arrowood Drive #7, Smyrna, DE,19977 $482,900 4 2.5 -- 10890 Sqft
211 Arrowood Drive #3, Smyrna, DE,19977 $439,900 4 2.5 -- 10890 Sqft
33 Seldon Drive #SASSA.., Smyrna, DE,19977 $519,000 3 2.0 -- 21780 Sqft
33 Seldon Drive #GREEN.., Smyrna, DE,19977 $559,000 4 2.5 -- 21780 Sqft
33 Seldon Drive #EDEN, Smyrna, DE,19977 $569,000 4 2.5 -- 21780 Sqft
00 Felix View Court #A.., Smyrna, DE,19977 $392,000 2 2.0 -- 4356 Sqft
00 Felix View Court #B.., Smyrna, DE,19977 $382,000 2 2.0 -- 4356 Sqft
00 Felix View Court #B.., Smyrna, DE,19977 $395,000 2 2.0 -- 5300 Sqft
00 Felix View Court #B.., Smyrna, DE,19977 $402,000 3 2.0 -- 4792 Sqft
00 Felix View Court #A.., Smyrna, DE,19977 $406,000 2 2.0 -- 4792 Sqft

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ByOwner last updated this listing 04/29/2024 @ 21:12

MLS: DEKT2026818
LISTED BY: JOSE ANTONIO SANTOS , Century 21 Home Team Realty
SOURCE: BRIGHT MLS
Buyer Agency Compensation: 3%
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.

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