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29199 Cordrey Rd, Millsboro, DE 19966
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0 Baths
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29.4 acres included in this 4 parcel package comprised of 16.8 acres, 4.2 acres, 4.2 acres, and 4.2 acre parcels. Currently being informally (verbally) leased out to an area farmer for crop cultivation. Could make an excellent location for a new subdivision or purchase for a new homestead with plenty of land. These parcels have approximately 190 foot of road frontage off Cordrey Road, based on parcel 56.02 and is approximately 2125 foot deep. The current manufactured home located off roadside of Cordrey Rd is of limited value. There is a right of way on Richardson Rd reaching parcel 56.04 and a right of way reaching parcels 56.05 and 56.06, but when purchased together, the center parcel, 56.02 provides all the access you'll need. Priced at $18,700 per acre. Current site evaluation has been completed on the 56.06 unimproved parcel. Purchaser must allow current tenant farmer to harvest any current crops being cultivated at time of sale. These parcels bundled together have great potential. Located 3.5 miles to Millsboro town center, 1 mile to Rt-24 (major east west corridor,) 12 miles to Rt-1 (major north south beach corridor,) 5 miles to Tractor Supply in Millsboro, 45 minutes to Atlantic Tractor in Salisbury, and 48 minutes to Taylor Messicks Supply in Harrington. The combined annual taxes are $500.
  • Price:
  • $550,000
  • Acreage:
  • 29.40
  • Listing ID #:
  • DESU143284
  • Street Address:
  • 29199 Cordrey Rd
  • City:
  • Millsboro
  • State:
  • Delaware
  • Postal Code:
  • 19966
  • County:
  • Sussex
  • Community:
  • Indian River Hundred (31008)
  • Listing Status:
  • Active
  • View:
  • Trees/Woods, Street, Pasture
  • Approximate Lot Size Range Source:
  • Estimated
  • Existing Land Use:
  • Agriculture
  • Lot Features:
  • Not In Development, Partly Wooded, Road Frontage, Vegetation Planting
  • Lot Square Footage:
  • 1280664.00
  • Road Frontage:
  • 190
  • Road Type:
  • Black Top
  • Days On Market:
  • 207
  • Excluded:
  • Fructus Industriales
  • Originating Mls:
  • Bright
  • Special Conditions Of Sale:
  • Standard
  • Terms:
  • Cash, Conventional
  • Price Per Square Foot:
  • 0.43
  • Property Taxes:
  • $500
  • Tax Year:
  • 2018
  • Horses Allowed:
  • Yes
  • Existing Water:
  • Well
  • Sewage Type:
  • Septic Exists
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.

Your Payment
$1,400/mo
  • Listing Provided By Keller Williams Realty
  • © 2020 BRIGHT, All Rights Reserved BRIGHT

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