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Simone Velvel

simone@thevelvelgroup.com +1(703) 507-7614

Listed by Joseph P Hurley III • Pantano Real Estate Inc

$130,000

Est. payment - /mo

0.35 Acres Lot

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UPDATED:

Key Details

Property Type Vacant Land

Sub Type Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID DENC2077116

HOA Y/N N

Annual Tax Amount $336

Tax Year 2024

Lot Size 0.350 Acres

Acres 0.35

Lot Dimensions 155.00 x 90.00

Property Sub-Type Land

Source BRIGHT

Property Description

Excellent opportunity for aspiring developer to acquire this raw building lot located outside the City of Wilmington proper, and in close proximity to major highways, shopping, educational facilities, plus more. Table flat parcel is ready for your vision to create a ground up structure(s) for residential use. Current zoning is NCAP, which would hint towards a build to rent outcome from a residential perspective. Public utilities are available in the area, but are not located in the right of way. Currently surrounded by apartments and commercial uses, within walking distance to Lancaster Ave., a major artery to and from the suburbs to the City, this would be the ideal location to develop residential to rent on a small to medium scale that could be the cornerstone of, or a nice addition to, a performing rental portfolio. Bring your bulldozer and lets break some soil!

Location

State DE

County New Castle

Area Elsmere/Newport/Pike Creek (30903)

Zoning NCAP

Interior

Inclusions As Shown

Exterior

Utilities Available Electric Available, Natural Gas Available, Sewer Available, Water Available

Water Access N

Garage N

Building

Sewer No Sewer System

Water None

Schools

School District Red Clay Consolidated

Others

Tax ID 07-033.30-053

Ownership Fee Simple

Acceptable Financing Cash, Bank Portfolio, Private, Wrap

Horse Property N

Listing Terms Cash, Bank Portfolio, Private, Wrap

Financing Cash,Bank Portfolio,Private,Wrap

Special Listing Condition Standard

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Nearby Locations

"Simone's passion for real estate and her love for "The DMV" are a perfect match. She has made it her mission to help local residents sell their homes quickly and at the best possible prices. Equally, she takes immense pride in assisting homebuyers in finding their perfect piece of paradise in DC, Maryland and Virginia. "

+1(703) 507-7614

simone@thevelvelgroup.com

11003 Glueck Lane, Kensington, Maryland 20895, USA

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3412 BARBARA LN Wilmington, DE 19805