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    Spruce Rd Ellendale, DE 19941

    For Sale
    $260,000

    LAND - ELLENDALE, DE

    Lot size:
    3.21 Acres
    Days on Market:
    118
    Last Refresh:
    Dec 13 at 5:06 am

    Property Features for Spruce Rd

    General Information

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

    The Parker Group (302) 228-5204 [email protected]

    Listing agent DEYSY OJEDA PEREZ (302) 604-8978 License #RS-0023895

    Listing date Aug 18, 2025

    Copyright © 2025 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.

    Overview

    Cleared Land Ready For Home

    This property features 3.21 acres of cleared land, suitable for building a new home. Minor building restrictions are in place. There is a possibility of purchasing additional lots. Other lots are also available: Lot D (1.91 acres) and Lot C (1.57 acres). The property is located in Ellendale, Delaware.
    Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Ellendale
    County
    Sussex
    State
    Delaware
    Longitude
    -75.45732062
    Latitude
    38.80561825

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    FAQs

    What type of property is this?
    Land - 3.21 acres of cleared land ready for new home.
    Where is this land located?
    The property is located at Spruce Rd Ellendale, DE.
    What is the asking price?
    The asking price for this property is $260,000.
    What are key features of this property?
    This property features: - Cleared 3.21-acre lot ready for building.; - Minor building restrictions.; - Potential to purchase additional adjacent lots.
    (302) 604-8978
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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
    Spruce Rd Ellendale, DE 19941
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