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Investment Highlights
- Highly Desirable MOT area
- 45 Tillable Acres
- 80 Acres estate in Middletown-Odessa-Townsend area.
- Three Potential Parcels of Road Frontage
- Sell/Use the Development Rights
Executive Summary
Rare Estate of 80 acres in Middletown-Odessa-Townsend (MOT) area. Eligible for minor subdivision of three to four building lots with road frontage 5+ acres. One lot overlooks water. New Castle County Land Use says fast approvals for minor subdivisions. Zoned SR. Sell/Use the Development Rights (approximately 20-45 acres eligible). Use the balance of acres for agriculture, hunting, equine, or crops.
Property Facts
| Price | $2,000,000 | Property Type | Land |
| Sale Type | Investment or Owner User | Property Subtype | Commercial |
| No. Lots | 1 | Total Lot Size | 80.00 AC |
| Zoning | SR - Suburban Reserve | ||
| Price | $2,000,000 |
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 80.00 AC |
| Zoning | SR - Suburban Reserve |
1 Lot Available
Lot
| Price | $2,000,000 | Lot Size | 80.00 AC |
| Price Per AC | $25,000.00 |
| Price | $2,000,000 |
| Price Per AC | $25,000.00 |
| Lot Size | 80.00 AC |
80 Acres estate in Middletown-Odessa-Townsend area. Eligible for up to five parcel 5+ acres Minor Subdivision with quick approval turnaround. 3-4 parcels could be road frontage. 45 acres tillable or use/sell for Development Rights.
Description
Three Parcels of Road Frontage
1 1
Property Taxes
| Parcel Number | 14-016.00-146 | Improvements Assessment | $42,500 |
| Land Assessment | $89,000 | Total Assessment | $131,500 |
Property Taxes
Parcel Number
14-016.00-146
Land Assessment
$89,000
Improvements Assessment
$42,500
Total Assessment
$131,500
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556 Union Church Rd
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