Kevin McGillicuddy

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PROMISED LAND LANEFRANKFORD, DE 19945

Vacant Land · 2.88 Acres
$275,000 ACTIVE

PROMISED LAND LANE Overview

Time on Site:
65 days
Visits:
12

Builders and investors, take notice! Exceptional development opportunity at 35038 Promised Land Lane, Frankford, Delaware. Two parcels available: 533-05.00-12.01 and 533-05.00-12.02, each offering approximately 2.8 acres of prime land in a rapidly growing area just 9 miles from Bethany Beach. Both lots have already passed perc testing and are currently zoned AR-1, approved for one home each, with the potential to pursue rezoning for the opportunity to build two homes per lot. Ideal for builders seeking spec home projects, custom home sites, or investors looking to maximize future development potential. Conveniently located near beaches, shopping, dining, golf, and coastal attractions, this is a rare chance to secure buildable acreage in a highly desirable Sussex County location. Opportunities like this are limited. Bring your vision and capitalize on the growth of coastal Delaware.

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PROMISED LAND LANE Facts & Features

  • Type Vacant Land
  • Lot 2.88 Acres

Details

General

Association/HOA

  • Association: No

Listing Information

  • Real Estate Owned: No
  • Short Sale: No

Business Information

  • Current Use: Other

Location/Region

  • Country: US
  • County: SUSSEX
  • County Or Parish: SUSSEX
  • In City Limits: No
  • MLS Area Major: Baltimore Hundred (31001)

Tax Information

  • County Tax: 28.00
  • County Tax Payment Frequency: Annually
  • School Tax: 254.00
  • Tax Annual Amount: $283.00
  • Tax Year: 2025

General Information

  • Property Sub Type: Land
  • Property Type: Land
  • School District Name: INDIAN RIVER
  • Special Listing Conditions: Standard
  • Vacation Rental: No
  • Year Assessed: 2025
  • Zoning: AR-1

Interior

Parking Information

  • Garage: No

Building Interior

  • Central Air: No

Exterior

Lot Information

  • Additional Parcels: No
  • Lot Dimensions Source: Assessor
  • Lot Size Acres: 2.88
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 125453.00
  • Lot Size Units: Square Feet
  • Water Source: None

Waterfront/View

  • Water Oriented: No
  • Water View: No
  • Waterfront: No

General Information

  • Farm Land Preservation: No
  • Sewer: Septic Permit Issued
  • Water Access: No

PROMISED LAND LANE Neighborhood

Community

19945 (FRANKFORD) Demographics

57
Median Age
100
Population Density (per sq. mile)
35%
College Educated
$66,801
Estimated Median Income
2,508
Estimated Total Home Owners
331
Estimated Total Renters
88% / 12%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

PROMISED LAND LANE Market Data

Based on the last 30 days in this zip code

$570,604
Average List Price
$260
Average Price per Square Foot
22
Properties Sold
97
Average Days on Market
176
Properties for Sale
Calculations provided by Reliance Network

PROMISED LAND LANE History

Date Event Value Agent
4/25/2026Source: BRIGHT MLS Added to Database
April 25, 2026
Listing provided courtesy of Keller Williams Realty Wilmington- MLS# DESU2105914MLS ProviderContact Information: 3022991100