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275 Possum Park Rd 3.3 Acres of Commercial Land Offered at $1,400,000 in Newark, DE 19711
Executive Summary
Rare opportunity to acquire 3.3± acres of residentially zoned land in a desirable area near the City of Newark. The property is mostly cleared and features generally level topography with trees along portions of the perimeter. The site offers a strong layout for potential residential development, subject to subdivision approval and municipal review. Conveniently located with excellent access to major roads and close proximity to the University of Delaware campus, the property sits in an established and desirable area with strong demand for housing.
Property Facts
| Price | $1,400,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 3.30 AC |
| Property Type | Land | ||
| Zoning | 18RD - Residential | ||
| Price | $1,400,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 3.30 AC |
| Zoning | 18RD - Residential |
1 Lot Available
Lot
| Price | $1,400,000 | Lot Size | 3.30 AC |
| Price Per AC | $424,242.42 |
| Price | $1,400,000 |
| Price Per AC | $424,242.42 |
| Lot Size | 3.30 AC |
Somewhat walkable
30/100
Exceptionally drivable
100/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 18-062.00-083 | Improvements Assessment | $0 |
| Land Assessment | $81,900 | Total Assessment | $81,900 |
Property Taxes
Parcel Number
18-062.00-083
Land Assessment
$81,900
Improvements Assessment
$0
Total Assessment
$81,900
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275 Possum Park Rd
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