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13.49 Acres with Two Homes
For Sale
$896,900

2956 Frazer Rd, Newark, DE 19702

13.49-acre property with two homes and development potential.

Property Size2,400 SF
Lot Size13.49 Acres
Price / SF$373.71
Days on Market118

Property Features for 2956 Frazer Rd

General Information

Standard status Active
Size 2,400 SF
Lot size 13.49 Acres
Property subtype Vacant Land
Listing Agency: BHHS Fox & Roach-Greenville
Listed By: Faith M Streett · License #RA-0002453
Source: Integrityresidentialsales
Added: May 28 Changed: Sep 18 Last Checked: Sep 22 at 6:28PM

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 BHHS Fox & Roach-Greenville

Investment Insights

Based on property information with market context.

This 13.49-acre property presents an opportunity with two existing single-family homes and flexible Suburban zoning. The property is currently occupied and includes a 2,400 sq. ft. ranch with 3 bedrooms, 2 bathrooms, and a walk-out basement, as well as 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, offer immediate storage or conversion potential. The land is mostly level and open, transitioning to a wooded rear section. The property benefits from natural gas connectivity on Frazer Rd and offers convenient access to U.S. Route 40 and I-95. The lot frontage is 409.80 linear feet. The property is located within the Appoquinimink School District. The Suburban zoning allows for potential uses such as residential subdivision, farming, agricultural ventures, recreation, a religious institution, daycare, or school.

Key Highlights

  • 13.49‑acre property with flexible Suburban zoning.
  • Two existing single‑family homes: a 2,400 sq. ft. ranch (3 bed, 2 bath) and a 1,700 sq. ft. Colonial farmhouse (3 bed, 1 bath).
  • Located in the highly sought‑after Appoquinimink School District.

Property Analytics

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Current Use

Residential land & home ...

Suggested Use

Top Pick Real Estate Agency Restaurant Building Supply Auto Repair Shop Big Box & Wholesale Store Law Firm

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

Location Intelligence

Trade Area within ½ mile

20
Businesses Nearby

Demographics for 19702, DE

55,653
Population
22,149
Households
2.5
Avg Household Size
36
Median Age
40%
College-Educated
93%
High-School Grad
28.1 sq mi
ZIP Area
1,981
Density / Sq Mi
$92,304
Median Household Income
$48,253
Median Earnings
$1,549
Median Rent
$331,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - 13.49-acre property with two homes and development potential.
Where is this residential land & home lot located?
The property is located at 2956 Frazer Rd Newark, DE.
What is the asking price?
The asking price for this property is $896,900.
What are key features of this property?
This property features: 13.49‑acre property with flexible Suburban zoning.; Two existing single‑family homes: a **2,400 sq. ft. ranch (3 bed, 2 bath)** and a **1,700 sq. ft. Colonial farmhouse (3 bed, 1 bath)**.; Located in the highly sought‑after **Appoquinimink School District**.
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