Kings Crossing East Lot 2

Kings Crossing Road Millsboro, DE 19966

FOR SALE Incentives
Property Type:
Other Land
Amount:
$121,000
Last Verified:
Jul 17, 2017

Highlights

  • Total Acres: 35.35+-
  • Approved perc on file with DNREC!
  • Potential for return on investment through conservation practices
  • Great opportunity for development, recreation, & timber management

Description

Tract recently evaluated for DNREC septic approval and permitting is confirmed... Will be offered with approved perc!* One parcel totaling 35.35+- acres of timberland in Millsboro, DE. Property is not subject to conservation easement. Property has been well managed for timber production with good roads throughout. Great opportunity for recreational use, as well as timber management, development or conservation. Less than 10 miles from Millsboro, Laurel, Delmar, Selbyville and Salisbury. Property has significant road frontage and great access along two different roads. Adjacent 600+ acres of timberland across 7 tracts is also available. Ask broker for more detail.

Located on the east side of Kings Crossing Road

Lot Size: 35.35 acres

Map of Kings Crossing Road, Millsboro, DE, 19966

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Real Estate Incentives (What is this?)
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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.