Land for Sale in Magnolia, Delaware, United States

The auction will be held on Thursday, July 28th at 10:00AM at Delaware Technical Community College Conf. & Training Center, Room CTC 400 100 Campus Drive Dover, Delaware 19904 Located within Kent County’s Growth Overlay Zone and only minutes from Downtown Dover and Highway 1 sits an incredible investment opportunity. This unique property is comprised of highly productive irrigated farmland, multiple farm buildings including a 25,000 SF produce packing and cold storage facility and a custom brick two story home. The property is zoned Agricultural Conservation which allows for a wide range of potential uses from farming to low density single family home development. Tract 1: 3.97 Acres ideally situated at the intersection of Walnut Shade Road and Briarbush road for a wide range of possible future uses. Tract 2: 3.68 Acre potential home site currently being farmed. Tract 3: 3.68 Acre potential home site currently being farmed. Tract 4: 182.89 Acres with 182± of those acres being tillable irrigated farmland. This productive farmland is serviced by a well with a pumping rate of 720,000 GPD and capacity of 500 GPM. The irrigation equipment includes a 12 tower center pivot and 6-cyliner Detroit Diesel power unit. Tract 5: 134.41 Acres of which 123± are irrigated tillable farmland. The irrigation is currently provided by two sources including a well with a pumping rate of 1,728,000 GPD and capacity of 1,200 GPM and surface water via Voshell Pond with a pumping rate of 2,160,000 GPD and capacity of 1,500 GPM. The irrigation equipment includes an 11 tower center pivot, a 6-cylinder Volvo Penta Diesel power unit and a portable diesel power unit. Five farm buildings are on Tract 5 including a 25,000 SF packing and cold storage facility, a 5,200 SF steel vehicle shop, a 3,840 SF masonry tool shop, a 6,050 SF wood frame storage shed and a 600 SF two car garage. Tract 6: 1.53 Acres including a stately brick two story home. Home description on following page. Tract 7: 2.87 Acres along Walnut Shade road with an 8,800 SF labor housing facility.