Views
Address
29199 Cordrey Rd Millsboro, DE
Price
$ 550,000
Property Attributes
  • MLS#DESU143284
  • TypeLand
  • CountySUSSEX
  • CityMillsboro
  • AreaIndian River Hundred
  • Zip19966
  • StyleAgriculture
  • Taxes500
  • Price$ 550,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size29.4 Acres
Listing Provided Courtesy Of:
Keller Williams Realty
Property Description

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 History
6/28/2019 Listed $550,000

General Features

Acceptable Financing Cash, Conventional
Additional Parcels Y/N Yes
Association Y/N No
Condo/Coop Association Y/N No
County SUSSEX
Current Use Agriculture
Exclusions fructus industriales
High School District INDIAN RIVER
Historic Y/N No
Location Type Rural
MLS Area Indian River Hundred (31008)
Ownership Fee Simple
Possession Settlement
Price Per Sq Ft 0.43
Property SubType Land
Property Type Land
Real Estate Owned Y/N No
Sewer Septic Exists
Sussex DE Quadrants West of Rt 13
Tax Annual Amount 500.0
Tax Year 2018
Vacation Rental Y/N No
View Trees/Woods, Street, Pasture
Water Access Y/N No
Zoning AR

Exterior Features

Horse Y/N Yes
Lot Features Not In Development, Partly Wooded, Road Frontage, Vegetation Planting
Lot Size Acres 29.40
Lot Size Source Estimated
Lot Size Square Feet 1280664.00
Navigable Water Y/N No
Road Frontage Length 190
Road Surface Type Black Top
Roadresponsibility City/County
Water Oriented Y/N No
Water Source Well
Water View Y/N No
Waterfront Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 19966

Price
AVG $360K
$550K
Taxes
AVG $235
$500
Visits
AVG 103
102

Looking for a more comfortable experience?

Download our mobile app for a personalized browsing experience.