Paper Mill Road

NEWARK, DE 19711

  • 83,199 Sqft
  • 83199
    Sqft(Lot)
$450,000

Description

Prime 1.9 acre wooded oasis in the heart of newark.

nestled amid the vibrant city of newark, this remarkable 1.9+/- acre wooded parcel is a hidden gem offering a world of possibilities. located in close proximity to the university of delaware, this property presents a golden opportunity for investors and developers seeking to make their mark in this bustling community.

property highlights:
size: approximately 1.9 acres of lush, wooded terrain, providing a natural sanctuary within city limits.

location: situated right in the heart of newark, this property offers unparalleled convenience. it's within easy walking distance to most of the university of delaware, making it an ideal location for student housing.

versatility: the property's zoning was surveyed as 50% residential and 50% industrial, offering a versatile canvas for your vision. whether you dream of creating student housing, a parking lot, or a storage facility, this land can accommodate a variety of purposes.

access: convenient road access via paper mill road ensures ease of transportation to and from the property.

zoning correction: the seller is committed to working with the new owner to correct the zoning, aligning it with the surveyed residential/industrial designation.

surrounded by opportunities: this parcel enjoys a convenient location between n. college ave and papermill rd, at the intersection of creek view rd. it's flanked by 16 residential properties to the north west, kershaw park to the north east, and delmarva power station to the south. situated between white clay creek and delmarva power station, this property offers a unique blend of nature and urban proximity.

entrance easement: delmarva power holds an easement on the front footage to allow access to the delmarva power station.

don't miss your chance to secure this exceptional 1.9+/- acre parcel in the heart of newark. whether you're looking to invest, develop, or create a unique urban oasis, this property holds the key to a host of exciting opportunities. don't miss out on this opportunity. reach out today to explore the potential of this prime piece of real estate and turn your vision into reality!

  • Property Type

    Land

  • County

    NEW CASTLE

  • Style

    Land

  • AD ID

    42109496

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Property Details

  • Water/Sewer

    • Water Source : None

  • Utility Features

    • Sewer: No Sewer System,No Septic System

  • Lot Information

    • Lot Size: 83,199
    • Dimensions: 1419 ft x 65 ft
    • Lot Size (Acres): 1.91
    • Main Square Feet: 83,199

    Property Information

    • Total Lot SQ ft: 83,199
    • Financing: Negotiable
    • Appx. Lot Dimensions: 1419 ft x 65 ft
    • Total Acreage: 1.91

  • Listing Information

    • Possession: 0-30 Days CD,31-60 Days CD,61-90 Days CD,Negotiable,Immediate
    • Days Of Market: 442

    Lease Information

    • Lease Considered: No

  • Tax Information

    • Annual Tax: $4
    • Tax Year: 2022
    • Total Taxes Payment Frequency: Annually

    Possession

    • 0-30 Days CD,31-60 Days CD,61-90 Days CD,Negotiable,Immediate

    Assessment Information

    • Taxes Assessment Amount: $100

  • Multi-Unit Information

    • Acceptable Financing: Negotiable
    • Road Surface: Gravel

    Homeowners Association Information

    • Direction: Road frontage is estimated 22 feet of road frontage at the light across from Timothy's between the walking bridge and Delmarva Power Station.

  • School Information

    • School District: CHRISTINA

    Utility Information

    • Water Source: None
    • Sewer: No Sewer System,No Septic System

    Location Information

    • Direction: Road frontage is estimated 22 feet of road frontage at the light across from Timothy's between the walking bridge and Delmarva Power Station.
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BuyOwner last updated this listing 04/27/2024 @ 15:15

  • MLS: DENC2031452
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: BRIGHT MLS

Buyer Agency Compensation: 2.5%
Offer of compensation is made only to participants of the MLS where the listing is filed.

is a Land, with 0 bedrooms which is for sale, it has 83,199 sqft, 83,199 sized lot, and 0 parking. A comparable Land, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of NEWARK , in zip code 19711, this NEW CASTLE County Land and are nearby neighborhoods.