Two words: Development Potential!!!! Simply put, this parcel is located on the highly desirable and impeccable location on Robinsonville Road. Imagine being so close to the Town of Lewes yet is quiet enough away from Rt. 1 surrounded by other residential areas. This land has been studied with engineering and has been approved for water and sewer. There has yet to be a final plan by planning and zoning, however for a potential developer the possibilities are endless. Land is available to be subdivided with 10-20 single family homes, 30-40 townhomes or 15-20 twin homes. Based on the location and surrounding comparable properties, the return of investment is very high. All current studies and supplements are available on file. There is a site evaluation, no wetlands found and other engineering studies. The land itself is beautiful ground with some trees and private lot availability. A DelDot approved entrance and hydrants are in place. One of the closest development parcels west of rt. 1 at this price.
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.