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Investment Highlights

  • Approximately 2.75 acres across four parcels with 400 feet of frontage along Barksdale Road.
  • Located near University of Delaware, retail establishments, and key residential districts.
  • Surrounding amenities include dining, fuel stations, and dense residential neighborhoods.
  • Concept plan available for 24 semi-detached units supporting residential redevelopment.
  • Quick access to S. Main Street and nearby major routes, enhancing connectivity.

Executive Summary

Positioned in a well-connected residential area, the site offers 400 feet of frontage on Barksdale Road, providing strong visibility and easy access to surrounding neighborhoods and arterial roads. Newark Planning Department supports a semi-detached residential use, and a concept plan is available for 24 semi-detached units, creating an attractive infill development opportunity in a growing market. The site benefits from proximity to the University of Delaware, College Park neighborhoods, and major commuter routes, with retail services, fuel stations, and dining options located nearby. This assemblage is well-suited for developers looking to capitalize on infill housing demand in a strong Delaware submarket

Property Facts

Price $1,800,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use Multifamily
Total Lot Size 2.75 AC
No. Stories 1
Zoning 18RS - Permits single-family residential development with specific regulations

1 Lot Available

Lot

Price $1,800,000
Price Per AC $654,545.45
Lot Size 2.75 AC

Four contiguous parcels totaling 2.75 acres are available for sale along Barksdale Road in Newark, Delaware. The property is being sold as-is and will require rezoning; existing structures on the parcels do not carry contributory value.

Description

Four parcels totaling 2.75 acres are situated on Barksdale Road in Newark, Delaware. The property has existing structures in as-is condition and is subject to rezoning. Newark Planning Department indicates potential for semi-detached residential use, with a concept plan showing 24 units. The site has approximately 400 feet of road frontage and is located near University of Delaware and main commercial corridors.

Fairly walkable
40/100
Very drivable
80/100
Minimal public transit
10/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 18-024.00-167
  • 18-024.00-168
  • 18-024.00-166
  • 18-024.00-165
Land Assessment
$388,800
Improvements Assessment
$494,300
Total Assessment
$883,100
  • Listing ID: 40404023

  • Date on Market: 5/5/2026

  • Last Updated:

  • Address: 1107 Barksdale Rd, Newark, DE 19711

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