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    2956 Frazer Rd Newark, DE 19702

    For Sale
    $997,900

    Land - NEWARK, DE

    Lot size:
    13.49 Acres
    Days on Market:
    20
    Last Refresh:
    Dec 13 at 12:06 pm

    Property Features for 2956 Frazer Rd

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Lot size
    13.49 Acres

    Building Details

    Architectural style
    Other

    Berkshire Hathaway HomeServices Fox & Roach, Realtors [email protected]

    Listing agent Faith Streett (302) 477-5500

    Listing date Nov 24, 2025

    MLS# DENC2079650 Listing URL

    Copyright © 2025 Berkshire Hathaway HomeServices Fox & Roach, Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    13.49 Acre Land with Homes

    This 13.49-acre property in Newark, DE, offers significant potential with flexible Suburban zoning, accommodating residential subdivision, farming, agricultural ventures, recreational, church/temple, commercial day care, school, or other permitted uses. The property includes two existing single-family homes: a 2,400 sq ft ranch with 3 bedrooms, 2 bathrooms, and a walkout basement, and a 1,700 sq ft colonial farmhouse with 3 bedrooms and 1 bathroom. Both homes are served by public water and private sewer. Multiple barns and outbuildings, previously used for farming, provide storage or conversion potential. The land is mostly level and open, transitioning to a wooded rear section. Natural gas connectivity is available on Frazer Rd, and the property benefits from convenient access to U.S. Route 40 and I-95.
    Property Profile Location Intelligence

    Current Use by Public Records

    Single family properties

    Suggested Use

    Realty agency Law Firm Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Clothing Store Gym & Fitness Skin Care Clinic Kitchen & Bath

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Newark
    County
    New Castle
    State
    Delaware
    Longitude
    -75.766968
    Latitude
    39.575172

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    FAQs

    What type of property is this?
    Agricultural land - Large parcel with two homes and development potential in Newark.
    Where is this agricultural land located?
    The property is located at 2956 Frazer Rd Newark, DE.
    What is the asking price?
    The asking price for this property is $997,900.
    What are key features of this property?
    This property features: - 13.49 acres with flexible Suburban zoning for diverse development.; - Two existing homes: a 2,400 sq ft ranch and a 1,700 sq ft colonial farmhouse.; - Multiple barns and outbuildings offer storage or conversion possibilities.
    (302) 477-5500
    Request Owner's contact information
    2956 Frazer Rd Newark, DE 19702
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    Newark, DE 19702
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2956 Frazer Rd Newark, DE 19702
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