• Price$550,000
  • Acres29.40

29199 Cordrey Rd, MILLSBORO

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 has 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.

Essential Information

  • MLS® #DESU143284
  • Price$550,000
  • Bathrooms0.00
  • Acres29.40
  • TypeLand
  • Sub-TypeLand
  • StatusActive

Amenities

  • ViewTrees/Woods, Street, Pasture

School Information

  • DistrictINDIAN RIVER

Listing Details

  • Listing OfficeKeller Williams Realty

Community Information

  • Address29199 Cordrey Rd
  • AreaIndian River Hundred (31008)
  • CityMILLSBORO
  • CountySUSSEX-DE
  • StateDE
  • Zip Code19966

Exterior

  • Lot DescriptionNot In Development, Partly Wooded, Road Frontage, Vegetation Planting

Additional Information

  • Date ListedJune 28th, 2019
  • Days on Market22
  • ZoningAR
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Based on information from Sussex County Association of REALTORS®, Inc which neither guarantees nor is in any way responsible for it's accuracy. All data is provided "AS IS" and with all it's faults. Data maintained by Sussex County Association of REALTORS®, Inc. may not reflect all real estate activity in the market Long & Foster Real Estate, Inc. is a Real Estate licensee in the State of Delaware. SCAOR DE License Number: SCAOR 12351.

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