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Listed by Nicholas Campanaro • The Land Group
$495,000
Est. payment /mo
18.23 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
Subdivision Indian River Hundred
MLS Listing ID DESU2107308
HOA Y/N N
Year Built 1964
Lot Size 18.230 Acres
Acres 18.23
Source BRIGHT
Property Description
Three-house poultry farm in a strong Sussex County location with frontage on both Route 18 and Wilson Hill Road. Currently growing for Perdue, this property offers a solid opportunity for a buyer seeking existing poultry income, cropland value, and upside through approved improvements.
The poultry houses include a 44' x 460' house built in 1964, a 40' x 440' house built in 1974, and a 40' x 400' house built in 1984. House #2 recently experienced a fire and will require all new equipment, though the structure itself was not damaged. A replacement equipment quote from Marydel Ag is available at approximately $198,000. The farm is equipped with Chore-Time Model 40 controllers, Cyclone feeders in House #1, Chore-Time feeders in House #3, new nipples in both active houses, 3-year-old box heaters, three wells, and a 105 kW John Deere generator with approximately 1,200 hours. Electric service is provided by Delaware Electric Co-op.
Seller has already completed Perdue's recent requirement for seven box heaters per house and $40,000 in foundation repairs on Houses 1 and 3. In addition, the farm has been approved through Energize Delaware for new doors, metal, plywood, and insulation to create solid side walls, plus ceiling re-insulation. The total quote is approximately $170,000, with 80% covered by Energize Delaware and the balance eligible for 3% financing. Seller is moving forward with the improvements but may also transfer the benefit of the approval to Buyer.
Nearly all remaining land is cleared tillable cropland, and the property offers highly favorable soils for a potential residential septic system, subject to Buyer's own due diligence.
No showings inside the chicken houses unless birds are out.
The poultry houses include a 44' x 460' house built in 1964, a 40' x 440' house built in 1974, and a 40' x 400' house built in 1984. House #2 recently experienced a fire and will require all new equipment, though the structure itself was not damaged. A replacement equipment quote from Marydel Ag is available at approximately $198,000. The farm is equipped with Chore-Time Model 40 controllers, Cyclone feeders in House #1, Chore-Time feeders in House #3, new nipples in both active houses, 3-year-old box heaters, three wells, and a 105 kW John Deere generator with approximately 1,200 hours. Electric service is provided by Delaware Electric Co-op.
Seller has already completed Perdue's recent requirement for seven box heaters per house and $40,000 in foundation repairs on Houses 1 and 3. In addition, the farm has been approved through Energize Delaware for new doors, metal, plywood, and insulation to create solid side walls, plus ceiling re-insulation. The total quote is approximately $170,000, with 80% covered by Energize Delaware and the balance eligible for 3% financing. Seller is moving forward with the improvements but may also transfer the benefit of the approval to Buyer.
Nearly all remaining land is cleared tillable cropland, and the property offers highly favorable soils for a potential residential septic system, subject to Buyer's own due diligence.
No showings inside the chicken houses unless birds are out.
Location
State DE
County Sussex
Area Nanticoke Hundred (31011)
Zoning AR-1
Interior
Hot Water Other
Heating Other
Cooling Other
Heat Source Other
Exterior
Water Access N
Farm Poultry
Accessibility None
Garage N
Building
Story 1
Sewer Other
Water Other
Level or Stories 1
Additional Building Above Grade
New Construction N
Schools
School District Indian River
Others
Senior Community No
Tax ID 231-05.00-7.01
Ownership Fee Simple
Special Listing Condition Standard
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Nearby School & Business
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