$630,000
SOLD OCT 3, 2025
8.01 Acres
$78,652 Price per Acre
348,916 Sq Ft Lot

Recently Sold

16% Below List Price

235 Days on Market

About This Lot

As of October 2025

A total of 8 acres of land for building!!! LOCATION , LOCATION, LOCATION. Unlimited building potential on this 8 acres of land. Close to major highways, shopping centers, and the University of Delaware! Rare find! The land can be seen from Red Mill Rd side, not the industrial park side. Currently zoned as residential, but has all the commercial possibilities! This is one to consider if you are a builder looking to build a home or homes or a business complex. This lot is directly beside residential homes and in front of industrial buildings. So the possibilities are endless!!!

Last Agent to Sell the Property

Melinda Proctor

(302) 234-3800 john@johnwford.com RE/MAX Associates-Hockessin License #R3-012322 Listed on: 06/24/2024

RE/MAX Associates-Hockessin

Last Buyer's Agent

Melinda Proctor

(302) 234-3800 john@johnwford.com RE/MAX Associates-Hockessin License #R3-012322 Listed on: 06/24/2024

RE/MAX Associates-Hockessin

Property Details

Property Type

  • Land

Lot Details

  • 8.01 Acre Lot
  • Additional Parcels
  • Property is zoned COMMERCIAL

Utilities

  • 120/240V
  • Public Septic
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 124
  • Assessor Parcel Number 09-022.00-124

Property Details

Property Type

Land

Lot Details

8.01 Acres

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Ownership: Fee Simple
  • Current Use: Industrial, Land/Lot Only
  • Federal Flood Zone: No
  • Automatically Close On Close Date: No
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 1.86

Exterior Features

  • Construction Completed: No
  • Road Surface Type: Paved
  • 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: 120/240V
  • Sewer/Septic System: Public Septic
  • Utilities: Cable Tv Available, Electric Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No
  • Association Recreation Fee: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Additional Parcels: Yes
  • Lot Size Acres: 8.01
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 348915.60
  • Zoning: COMMERCIAL
  • Farmland Preservation: No
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 09-022.00-124
  • Tax Lot: 124
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023

MLS Schools

  • School District Name: CHRISTINA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 24, 2024
Closed on
Oct 3, 2025
Sold by
Emmanuel Church Of Jesus Christ Apostoli
Bought by
Grayway Developers Llc
Seller's Agent
Melinda Proctor
RE/MAX Associates-Hockessin
Buyer's Agent
Melinda Proctor
RE/MAX Associates-Hockessin
List Price
$750,000
Sold Price
$630,000
Premium/Discount to List
-$120,000
-16%
Views
110
Current Estimated Value
$735,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$105,000
Original Mortgage
$611,218
Outstanding Balance
$611,218
Interest Rate
6.58%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 22, 2019
Closed on
Jul 17, 2019
Sold by
Frogtown Llc
Bought by
Emmanuel Chr Of Jesus Christ Apostolic I
Seller's Agent
Al Schweizer
Patterson-Woods & Associates
Buyer's Agent
Al Schweizer
Patterson-Woods & Associates
List Price
$495,000
Sold Price
$260,000
Premium/Discount to List
-$235,000
-47.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.29%
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $630,000 None Listed On Document
Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $611,218 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/03/2025 10/03/25 Sold $630,000 -3.1% --
11/25/2024 11/25/24 Price Changed $650,000 -7.1% --
10/21/2024 10/21/24 Price Changed $699,900 -6.7% --
06/24/2024 06/24/24 For Sale $750,000 +188.5% --
07/17/2019 07/17/19 Sold $260,000 -47.5% -- View Prior Sale
03/27/2019 03/27/19 Pending -- -- --
02/22/2019 02/22/19 For Sale $495,000 -- --
Source: Bright MLS

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 -- $162,000 $162,000 --
2023 -- $162,000 $162,000 --
2022 $0 $162,000 $162,000 $0
2021 $0 $162,000 $162,000 $0
2020 $0 $162,000 $162,000 $0
2019 $0 $162,000 $162,000 $0
2018 $0 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DENC2063680

Bright MLS

APN: 09-022.00-124

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