$4,000,000
SOLD SEP 12, 2025

0 Clayton Ave Unit DESU2050532 Frankford, DE 19945

115 Acres
$34,783 Price per Acre
5,009,400 Sq Ft Lot

Recently Sold

23% Below List Price

166 Days on Market

Highlights

  • 115 Acre Lot
  • Partially Wooded Lot
  • No HOA
  • Selbyville Middle School Rated A-

About This Lot

As of September 2025

Sale consists of Three parcels Parcel # 433-6.00-1.00 (64.20 +/- acres) and 433-6.10-13.00 (1.86 +/- acres). All three parcels are being sold together. The total Purchase price for all three is $5,174,550 ($45,000 per acre). Excellent location, easy access to Route 113 and Route 54. Close proximately to the Beaches (approx. 15 miles) and close to Millsboro (approx. 6 miles). There is road frontage on Route 401 and Route 113.

Last Agent to Sell the Property

Cynthia Bates

R&R Commercial Realty Listed on: 10/25/2023

Last Buyer's Agent

Mark Ricker

Dugre' Real Estate Company

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $700

Lot Details

  • 115 Acre Lot
  • Rural Setting
  • Cleared Lot
  • Partially Wooded Lot
  • 3 total - 433-6.00-1.01 (48.93 +/- ac) 433-6.00-1.00 (64.20 +/- ac) and 433-6.10-13.00 (1.86 +/- ac)
  • Ground Rent expires in 1 year
  • Property is zoned AGR, Agricultural Zonine

Utilities

  • Underground Utilities
  • Municipal Trash

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 433-6.00-1.00, 1.01, AND 433-6.10-13.00

Property Details

Property Type

Land

Est. Annual Taxes

$700

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Fee Simple
  • Current Use: Agriculture
  • Historic: No
  • Federal Flood Zone: No
  • Automatically Close On Close Date: Yes
  • Remarks Public: Sale consists of Three parcels Parcel # 433-6.00-1.00 (64.20 +/- acres) and 433-6.10-13.00 (1.86 +/- acres). All three parcels are being sold together. The total Purchase price for all three is $5,174,550 ($45,000 per acre). Excellent location, easy access to Route 113 and Route 54. Close proximately to the Beaches (approx. 15 miles) and close to Millsboro (approx. 6 miles). There is road frontage on Route 401 and Route 113.
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 1.03

Exterior Features

  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Electric Service: Underground
  • Sewer/Septic System: Public Sewer
  • Utilities: Sewer Available, Water Available
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Association Recreation Fee: No

Schools

  • School District: INDIAN RIVER
  • School District Key: 300200396898
  • School District Source: Listing Agent

Lot Info

  • Horses: No
  • Additional Parcels: Yes
  • Additional Parcels Description: 3 total - 433-6.00-1.01 (48.93 +/- ac) 433-6.00-1.00 (64.20 +/- ac) and 433-6.10-13.00 (1.86 +/- ac)
  • Lot Features: Cleared, Partly Wooded
  • Lot Size Acres: 115.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5009400.00
  • Soil Types: Unknown
  • Zoning: AGR
  • Zoning Description: Agricultural Zonine
  • Farmland Preservation: No
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: Yes
  • Ground Rent Years Remaining: 1
  • Lease Considered: No
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 700.00
  • Assessor Parcel Number: 433-6.00-1.00, 1.01, AND 433-6.10-13.00
  • County Tax Payment Frequency: Annually
  • Close Date: 09/12/2025

Multi Family

  • Income Expense List: Annual Ground Rent

MLS Schools

  • School District Name: INDIAN RIVER

Range of Values:

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Average Value
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/12/2025 09/12/25 Sold $4,000,000 -22.7% --
10/25/2023 10/25/23 Price Changed $5,175,000 0.0% --
10/25/2023 10/25/23 For Sale $5,174,550 -- --
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU2050532

Bright MLS