Mls Status: ACTIVE
Property Type: Lots and Land
List Price: $2,585,000
List Date: 10-16-2020
Annual Taxes: $1,101
Sewer: Other
School District: Cape Henlopen
Price Per Square Foot: $10.43
Lot Sq. Feet: 247,856
Map Section: Between Rt 1 & 113
Lot Size Acres: 5.69
Ownership: Fee Simple
Development opportunity on Alternate Rt.1, Plantations Rd at traffic light with two entrances, sewer approval & water off of Plantations Rd - Zoned B-1. Cross Easement agreement with land owners next door offer lower development costs to both owners through shared costs of entrances, sewer & water fee's etc. A no brainer for development potential with road expansions approved and growth along North, South and West corridors. Property offers great visibility from North & South Plantations Rd, West from Postal Lane and off of Cedar Grove Rd. Retail, medical office, restaurants, etc... Amenities needed!
| MLS Listing #: DESU171212 Asking Price: $2,585,000 Address: PLANTATIONS RDPLANTATIONS RD Rehoboth Beach, Sussex, Delaware 19971 |
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Development opportunity on Alternate Rt.1, Plantations Rd at traffic light with two entrances, sewer approval & water off of Plantations Rd - Zoned B-1. Cross Easement agreement with land owners next door offer lower development costs to both owners through shared costs of entrances, sewer & water fee's etc. A no brainer for development potential with road expansions approved and growth along North, South and West corridors. Property offers great visibility from North & South Plantations Rd, West from Postal Lane and off of Cedar Grove Rd. Retail, medical office, restaurants, etc... Amenities needed!
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