$6,800,000 31878 Timber Acres Millsboro, DE

MLS: 722884   Type: Land   County: Sussex   City: Millsboro   Area: Indian River Hundred   Neighborhood: Timber Acres   Zip: 19966   Style: Mobile Home,Residential     Taxes: $991

Mortgage $31,925 /mo



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COMMERCIAL POTENTIAL. 6.2 +/- acres with more than 500 ft. of frontage along the busy, commercial section of Route 24 and in the midst of other commercial properties in the Long Neck area. Current land usage is a private mobile home park owned by Timber Acres, LLC. Although current zoning is designated as agricultural/Residential, the potential exists for re-zoning to commercial usage. County Sewer & private water utility connections are in place for the property. The existing manufactured homes and other improvements on the property do not convey. The Long Neck & mid-county areas are enjoying one of the highest rates of population growth in Sussex County. DELDOT has proposed new entrance to parcel at existing stoplight near left corner of parcel on Route 24.

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Price History

8/9/2017 Listed $6,800,000

Area 6.15
Association Fee 600
Fee Simple? Yes
Listing Sub Type N/A
Location To Waterfront Not Applicable
Property Sub Type Lots and Land
Property Type Lots and Land
Section Between Rt. 113 & 13
Subdivision Timber Acres
Type Mobile Home, Residential

Interior Features

Water Available On Site, Private Water Hkup Avail

Exterior Features

Crops Conveyance Yn No
Dock None
Land Use Trailer(in Residential)
Lot Size 512x500x514x500
Lot Size Area 6.15
Lot Size Unit Acres
Lot Sq Ft 267894
Marsh Acres 0.00
Private Sewer On Site Public Central Avail.
Road Access State Highway
Road Frontage 512
Water Private Central Water
Water Frontage 0
Water View None
Waterfront None
Waterfront Improvement None

Property Schools

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Property vs Zip Code Avg (19966)

Price 6.80M Avg 265K

Taxes $991 Avg $143

Acres 6.15 Avg 3.81

Visits 12 Avg 126

Days on Site 107 Avg 1,154

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Location & Address

RE/MAX Associates
16392 Coastal Highway
Lewes , DE