CEDAR STREET LOT 1, MILLSBORO, DE 19966
SUSSEX County
Key Facts
Description
Located in a vibrant and growing area with close proximity to waterfront dining, marinas, and scenic bay views, these lots offer endless potential for mixed-use development, multifamily housing, retail, or professional offices (subject to zoning regulations). Just minutes from downtown Millsboro and Route 24, and with utilities accessible, this property is perfectly positioned for savvy investors or developers looking to capitalize on a high-demand coastal community. Also available are 1 other commercial lots and 4 residential lots. Just minutes from downtown Millsboro and Route 24, and with utilities accessible, this property is perfectly positioned for savvy investors or developers looking to capitalize on a high-demand coastal community.
Property Information
Property Type
Land
Lot Size
0.12 acres
Lot Dimensions
53.00 x 101.00
Zoning
C1
Days on Market
365
MLS® Listing#
DESU2087174
Property Features
Schools
- District:
- INDIAN RIVER
Financial Details
HOA
None
Parcel Number
234-34.08-49.00
Directions
From Georgetown go South on RT 113 to Millsboro take left onto RT 24 make right onto Oak Orchard Rd property is about 2 miles on left sign posted.
Affordability Calculator
$30,000
Estimated monthly payment
$798/mo
Principal $120,000 · Est. interest $167,411 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in MILLSBORO, DE
- $388,667
- Median Listing Price
- 83
- Median Days on Market
- 1,846
- Median Sq Ft
- $201
- Median Price / Sq Ft
- 425
- Active Listings
- This home’s price is 61% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in MILLSBORO, DE.
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 35531 KNOLL WAY 595, MILLSBORO, DE | $105,000 | 2 | 2 | 1,500 |
| HOLLY TREE ROAD LOT 8, MILLSBORO, DE | $105,000 | — | — | — |
| 35240 5TH STREET 37440, MILLSBORO, DE | $107,000 | 3 | 2 | 1,570 |
| CEDAR STREET LOT 3, MILLSBORO, DE | $110,000 | — | — | — |
| CEDAR STREET LOT 6, MILLSBORO, DE | $110,000 | — | — | — |
| CEDAR STREET LOT 4, MILLSBORO, DE | $110,000 | — | — | — |
Moving Cost Estimate
Listing Courtesy: LESTER REALTY INC. - 3028564000