Listing Agency: Burns & Ellis Realtors t***@burnsandellis.com Show Phone

Listed By: Tom Burns · License #RA-0031217 Show Phone

Source: Exprealty

Added: Jul 15, 2024 Changed: Aug 8 Last Checked: Jul 14 at 2:50AM

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Investment Insights

Based on property information with market context.

This 36.26-acre development site is zoned for apartments in Camden and is being planned for multifamily density. A site plan sketch is attached showing a potential in excess of 300 apartment units.

Infrastructure planning includes sewer service to be available from an on-site pump station currently under construction. Water is available from Tidewater Utilities, and natural gas is located in the area, supporting future site development needs.

Key Highlights

• 36.26‑acre parcel zoned for apartments in Camden
• On‑site sewer infrastructure planned, with sewer to be available from a pump station currently under construction
• Water service available from Tidewater Utilities

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Plumbing Service (Bike/Boat/Book/etc) Store Building Supply Big Box & Wholesale Store Bakery Garden Center

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

300

Residential units

Yes

Utilities to site

Location Intelligence

Trade Area within ½ mile

45

Businesses Nearby

Explore this area Business Placement

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

Questions? Ask Rey

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What type of property is this? Where is this residential land & home lots located? What is the asking price? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Residential land & home lot - 36.26-acre parcel zoned for apartments, with water from Tidewater Utilities and on-site sewer infrastructure planned.

Where is this residential land & home lot located?

The property is located at 3182 Upper King Rd Dover, DE.

What is the asking price?

The asking price for this property is $3,600,000.

What are key features of this property?

This property features: 36.26‑acre parcel zoned for apartments in Camden; On‑site sewer infrastructure planned, with sewer to be available from a pump station currently under construction; Water service available from Tidewater Utilities