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28364 CEDAR STREETMILLSBORO, DE 19966

Vacant Land · 0.76 Acres
$695,000 ACTIVE

28364 CEDAR STREET Overview

Time on Site:
648 days
Visits:
1

Prime Investment Opportunity & 6 Lots on Cedar Street, Oak Orchard (Millsboro, DE) Rare opportunity to own six contiguous lots just two blocks from the Indian River Bay in the heart of Oak Orchard! This unique offering includes 2 commercially zoned C-1 lots and 4 General Residential (GR) zoned lots, providing a flexible canvas for both residential development and commercial use. Located in a vibrant and growing area with close proximity to waterfront dining, marinas, and scenic bay views, these lots offer endless potential for mixed-use development, multifamily housing, retail, or professional offices (subject to zoning regulations). Just minutes from downtown Millsboro and Route 24, and with utilities accessible, this property is perfectly positioned for savvy investors or developers looking to capitalize on a high-demand coastal community. 6 Lots two Commercial and 4 building lots. Tax Id are 234-34.08-49.00 and 234-34.08-49.02 thru 06. Just reduced, Will not last long at this price

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28364 CEDAR STREET Facts & Features

  • Type Vacant Land
  • Lot 0.76 Acres

Details

General

Association/HOA

  • Association: No

Listing Information

  • Real Estate Owned: No
  • Short Sale: No

Business Information

  • Current Use: Vacant

Location/Region

  • Country: US
  • County: SUSSEX
  • County Or Parish: SUSSEX
  • In City Limits: No
  • MLS Area Major: Indian River Hundred (31008)

Tax Information

  • County Tax: 4.00
  • County Tax Payment Frequency: Annually
  • School Tax: 33.00
  • Tax Annual Amount: $37.00
  • Tax Year: 2024

General Information

  • Property Sub Type: Land
  • Property Type: Land
  • School District Name: INDIAN RIVER
  • Special Listing Conditions: Standard
  • Vacation Rental: No
  • Year Assessed: 2024
  • Zoning: GR

Interior

Parking Information

  • Garage: No

Building Interior

  • Central Air: No

Exterior

Lot Information

  • Additional Parcels: No
  • Lot Dimensions Source: Assessor
  • Lot Size Acres: 0.76
  • Lot Size Dimensions: 53.00 x 104.00
  • Lot Size Source: Estimated
  • Lot Size Square Feet: 32907.00
  • Lot Size Units: Square Feet
  • Water Source: Public Hook-up Available

Waterfront/View

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

General Information

  • Farm Land Preservation: No
  • Sewer: Public Hook/Up Avail
  • Water Access: No

28364 CEDAR STREET Neighborhood

Community

19966 (MILLSBORO) Demographics

54
Median Age
323
Population Density (per sq. mile)
35%
College Educated
$61,604
Estimated Median Income
11,093
Estimated Total Home Owners
2,000
Estimated Total Renters
85% / 15%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

28364 CEDAR STREET Monthly Cost

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$ %
%
$
$
* 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.

28364 CEDAR STREET Market Data

Based on the last 30 days in this zip code

$417,438
Average List Price
$214
Average Price per Square Foot
75
Properties Sold
134
Average Days on Market
664
Properties for Sale
Calculations provided by Reliance Network

28364 CEDAR STREET History

Date Event Value Agent
5/23/2025Source: BRIGHT MLS Price Reduction
$695,000 -17.0%
12/3/2024Source: BRIGHT MLS Price Reduction
$837,000 -10.0%
12/3/2024Source: BRIGHT MLS Added to Database
September 19, 2024
Listing provided courtesy of LESTER REALTY INC.- MLS# DESU2070996MLS ProviderContact Information: 3028564000