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Waterfront Development Land Parcel
For Sale
$1,500,000

400 COLLEGE Rd, Dover, DE 19904

14-acre waterfront parcel on Silver Lake with an existing 3-bedroom home and R20 zoning.

Property SizeContact for details
Lot Size14.00 Acres
Days on Market109

Property Features for 400 COLLEGE Rd

General Information

Standard status Active
Lot size 14.00 Acres
Property subtype Land
Zoning R20

Site & Location

Highway Access Yes
Road Access Yes

Taxes and HOA fees

Annual Taxes $2,164
Listing Agency:
Listed By: Roger Lee Bradley II · License #rs0018819
Source: Elliman
Added: Apr 27 Changed: Aug 8 Last Checked: Apr 28 at 2:59AM

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 Roger Lee Bradley II

Investment Insights

Based on property information with market context.

This offering is a 14-acre waterfront land parcel with Silver Lake frontage and an existing small 3-bedroom home on-site. The property is zoned R20.

The site is described as being across from Delaware State University, with nearby access noted to Route 1 and central Dover amenities including Bally’s Casino and Dover International Raceway.

According to the provided remarks, the parcel may present opportunities for rezoning to support a minor subdivision or other development concepts, subject to due diligence and approvals by the appropriate authorities.

Key Highlights

  • 14‑acre parcel with Silver Lake waterfront frontage in Central Dover.
  • Zoned R20, with stated opportunities for rezoning for minor subdivision, hotel, or commercial/residential development.
  • Includes an existing 3‑bedroom home on‑site.

Property Analytics

Current Use

Waterfront Land

Suggested Use

Top Pick Law Firm Dental Office Real Estate Agency Restaurant Auto Repair Shop Hair Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

364
Businesses Nearby

Demographics for 19904, DE

36,880
Population
16,047
Households
2.3
Avg Household Size
38
Median Age
27%
College-Educated
91%
High-School Grad
43.2 sq mi
ZIP Area
854
Density / Sq Mi
$66,885
Median Household Income
$39,459
Median Earnings
$1,240
Median Rent
$281,000
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Waterfront Land - 14-acre waterfront parcel on Silver Lake with an existing 3-bedroom home and R20 zoning.
Where is this waterfront land located?
The property is located at 400 COLLEGE Rd Dover, DE.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: 14‑acre parcel with Silver Lake waterfront frontage in Central Dover.; Zoned R20, with stated opportunities for rezoning for minor subdivision, hotel, or commercial/residential development.; Includes an existing 3‑bedroom home on‑site.
More about this property
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