Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Frederica Vacant Land Parcel Title is generated by Realmo AI

    N MARKET STREET, Frederica, DE 19946

    View on Map
    Claim this Listing
    Picture of Residential land & home lots at N MARKET STREET, Frederica, DE
    For Sale
    $60,000

    LAND - FREDERICA, DE

    Lot size:
    0.16 Acres
    Added:
    Feb 15, 2026
    Days on Market:
    102
    Last Refresh:
    May 28 at 11:06 am

    Property Features for N MARKET STREET

    General Information

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

    Taxes and HOA fees

    Tax Annual Amount
    2603

    We can help!

    Listing Contact
    Erin Cooper Barrett

    Listing agent Erin Cooper Barrett

    Listing office The Moving Experience Delaware Inc 27 W Loockerman Street, Dover, DE

    Listing date Feb 15, 2026

    MLS# DEKT2044056 Listing URL

    Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Public water and sewer available, making the lot builder‑ready.
    • No HOA fees.
    • Cleared .16‑acre vacant parcel with 150 feet of road frontage.
    • Convenient access to Route 1, beaches, Dover, shopping, schools, and DAFB.
    • Located in the Lake Forest School District.
    • Walking distance to local restaurants and the Fire Company.

    Overview

    This 0.16-acre vacant parcel is located in Frederica, Delaware, within Kent County. The lot features 150 feet of road frontage. The property is situated within walking distance of local amenities such as Frederica Pizza & Pasta House, Burgers and Brews, and the Fire Company. It offers convenient access to Route 1, The Tuff, the Beaches, Dover, shopping, schools, DAFB, and local amenities. Located in the Lake Forest School District. The lot has already been cleared and features public water and sewer, making it builder-ready. There is no HOA. The property is intended for building a home or investment.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Frederica
    County
    Kent
    State
    Delaware
    Longitude
    -75.4649843
    Latitude
    39.0118224

    Nearby Similar for Sale

    • $144,900
      1,424 SF

      Residential Property in Frederica, DE

      Three-bedroom home with detached garage/workshop and strong potential.
      114 W FRONT Street, FREDERICA, DE 19946
      View Details
    • $705,000

      Restaurant Space Near Delaware Route 1

      Former restaurant space with BG zoning and high visibility available for sale.
      7821 OLD BEACH Road, FREDERICA, DE 19946
      View Details
    • $150,000

      Land on Bowers Beach Road

      Land with frontage on Bowers Beach Road and the River.
      BOWERS BEACH ROAD, FREDERICA, DE 19946
      View Details
    • $169,000

      Land Opportunity in Bowers Beach

      Prime land in Bowers Beach with residential/commercial zoning.
      3520 MAIN Street, FREDERICA, DE 19946
      View Details
    • Contact for pricing

      Asbury Square Retail Development Land

      21-acre retail, dining, and hospitality project near DE Turf.
      432 Frederica Rd, Frederica, DE
      View Details
    • $109,000

      Buildable Lot Near Delaware Bay

      Buildable lot near the Delaware Bay with no HOA.
      200 WILLIAMS Avenue, FREDERICA, DE 19946
      View Details
    • $109,000

      Buildable Lot in Bowers Beach

      Coastal living opportunity near Delaware Bay with no HOA.
      218 WILLIAMS Avenue, FREDERICA, DE 19946
      View Details
    • $97,900

      Serene 55+ Community Mobile Home

      Spacious 3-bedroom, 2-bathroom mobile home in a peaceful 55+ community.
      222 KIWI Ct 222, Frederica, DE 19946
      View Details
    • $650,000

      Frederica Land Near Sports Complex

      Two parcels near Kent County Regional Sports Complex for sale.
      E Front St, Frederica, DE 19946
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - 0.16-acre vacant parcel in Frederica, Delaware with road frontage.
    Where is this residential land & home lot located?
    The property is located at N MARKET STREET Frederica, DE.
    What is the asking price?
    The asking price for this property is $60,000.
    What are key features of this property?
    This property features: Public water and sewer available, making the lot builder‑ready.; No HOA fees.; Cleared .16‑acre vacant parcel with **150 feet of road frontage.**
    (302) 242-8400
    We can help!
    Listing Contact
    Erin Cooper Barrett
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    N MARKET STREET, FREDERICA, DE 19946
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!