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112 S Delaware Street,  Smyrna DE, 19977

(Active)
$40,000
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MLS# DEKT2026818
Last Updated: 5/18/2024 1:07 AM
Description for 112 S Delaware Street Smyrna, DE 19977
Discover an exceptional development opportunity in the heart of Smyrna's Downtown Development District with this unique, cleared parcel of land. Located within city limits, this property presents a rare chance to partake in the area's revitalization, especially with current grants offering significant financial incentives. When you invest in building on this land, you're eligible to receive 20% back on your construction costs, exclusive of the land's purchase price. For example, a $100K investment in your new home could earn you a $20K rebate, making it an ideal choice for both personal and investment purposes.While the property is somewhat narrow, it offers the creative potential for a distinctive, long and narrow home design, adding a unique character to your project. This does mean that obtaining a variance from the city's planning, zoning, and council authorities will be necessary due to the side yard setbacks. But the effort is well worth it, given the property's prime location. It's just a short walk to downtown's vibrant scene and a nearby school, placing future residents at the center of convenience and community life.This land isn't just a piece of property; it's a foundation for your vision and a substantial contribution to the thriving future of Smyrna. Take this chance to build something truly special, whether it's your dream home or an innovative investment.
Price
$40,000
KENT
DEKT2026818
Active
Description
Discover an exceptional development opportunity in the heart of Smyrna's Downtown Development District with this unique, cleared parcel of land. Located within city limits, this property presents a rare chance to partake in the area's revitalization, especially with current grants offering significant financial incentives. When you invest in building on this land, you're eligible to receive 20% back on your construction costs, exclusive of the land's purchase price. For example, a $100K investment in your new home could earn you a $20K rebate, making it an ideal choice for both personal and investment purposes.While the property is somewhat narrow, it offers the creative potential for a distinctive, long and narrow home design, adding a unique character to your project. This does mean that obtaining a variance from the city's planning, zoning, and council authorities will be necessary due to the side yard setbacks. But the effort is well worth it, given the property's prime location. It's just a short walk to downtown's vibrant scene and a nearby school, placing future residents at the center of convenience and community life.This land isn't just a piece of property; it's a foundation for your vision and a substantial contribution to the thriving future of Smyrna. Take this chance to build something truly special, whether it's your dream home or an innovative investment.
Listing Information
Property Type: Land, Other
0.06 Acres
Public
Public Sewer
Neighborhood
School Information
District: SMYRNA
Room Information
Exterior / Lot Features
25.00 x 105.70
Driving Directions
Start at 959 Norman A Eskridge Highway and turn onto Sussex Highway (US-13 North). Continue on Sussex Highway until you reach S Dupont Highway, and then turn onto Puncheon Run Connection towards SR-1/I-95/Wilmington/Delaware Memorial Bridge. From there, take SR-1 North, and then exit at 114 towards South Smyrna/US-13/SR-6/SR-300. Turn onto South Dupont Boulevard (US-13 North) towards Smyrna, and then turn onto East Chestnut Street, followed by South Main Street, and finally onto West Frazier Street. Your destination will be on South Delaware Street.
Financial Considerations
DC-17-01017-05-5200-000
$92
Listing Price History

Smyrna Real Estate

Smyrna is located in Delaware. Smyrna, Delaware 19977 has a population of 13,381.

The median household income in Smyrna, Delaware 19977 is $71,439. The median household income for the surrounding county is $62,868 compared to the national median of $66,222. The median age of people living in Smyrna 19977 is 38 years.

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Courtesy: Century 21 Home Team Realty
BRIGHT MLS - All information, regardless of source, should be verified by personal inspection by and/or with the appropriate professional(s). The information is not guaranteed. Measurements are solely for the purpose of marketing, may not be exact, and should not be relied upon for loan, valuation, or other purposes.
This content last refreshed on 5/18/2024 1:07 AM CST. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.

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