Residential Community Development
For Sale
Contact for pricing
1142 Bear Corbitt Rd, Bear, DE 19701
16-lot residential community development opportunity in New Castle County.
Property Size683,892 SF
Lot Size15.70 Acres
Price / SF$2.92
Days on Market92
Property Features for 1142 Bear Corbitt Rd
General Information
Standard status
Active
Size
683,892 SF
Lot size
15.70 Acres
Property subtype
Land
Zoning
NC21
Listing Agency:
Medori Commercial Realty LLC
Listed By:
Robyn Roberts · License #DE RS0025148
Source:
Crexi
Added: May 9
Changed: Aug 8
Last Checked: Jul 16 at 11:22AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Medori Commercial Realty LLC
Investment Insights
Based on property information with market context.
This is a rare opportunity to acquire a fully assembled 16-lot residential community in New Castle County. Plans have been submitted to New Castle County and are expected to receive approval and lot numbers. Conveying with property, sewer certification and preliminary Del Dot permit once approvals are finalized, individual lot numbers will be assigned, infrastructure will be installed, and the property will transition to individual lot sales. The buyer will have the opportunity to name the community, establish the HOA, and control the overall vision and build-out. The assemblage work has been completed, offering a streamlined and efficient path to development. Opportunities with near-term entitlements and flexibility at this stage are increasingly rare. The property size is 683892 square feet.
Key Highlights
- Fully assembled 16‑lot residential community in New Castle County.
- Plans submitted to New Castle County with expected approval and lot numbers.
- Conveys with sewer certification and preliminary Del Dot permit.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
557
Businesses Nearby
Explore this area
Business Placement
Demographics for 19701, DE
42,717
Population
17,368
Households
2.5
Avg Household Size
41
Median Age
35%
College-Educated
92%
High-School Grad
26.6 sq mi
ZIP Area
1,606
Density / Sq Mi
$107,856
Median Household Income
$56,431
Median Earnings
$1,732
Median Rent
$337,800
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - 16-lot residential community development opportunity in New Castle County.
Where is this residential land & home lot located?
The property is located at 1142 Bear Corbitt Rd Bear, DE.
What is the asking price?
The asking price for this property is $2,000,000.
What are key features of this property?
This property features: Fully assembled 16‑lot residential community in New Castle County.; Plans submitted to New Castle County with expected approval and lot numbers.; Conveys with sewer certification and preliminary Del Dot permit.
