112 S DELAWARE ST Pending Save Request In-Person Tour Request Virtual Tour
Smyrna,DE 19977
Key Details
Property Type Vacant Land
Sub Type Land
Listing Status Pending
Purchase Type For Sale
MLS Listing ID DEKT2026818
Annual Tax Amount $90
Tax Year 2023
Lot Size 2,613 Sqft
Property 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.
Location
State DE
County Kent
Area Smyrna (30801)
Zoning RESIDENTIAL
Exterior
Waterfront N
Water Access N
Building
Sewer Public Sewer
Water Public
Schools
School District Smyrna
Others
Special Listing Condition Standard