🚨 Prime 14-Acre Development Opportunity in Central Dover! 🚨 A rare 14-acre parcel with breathtaking Silver Lake waterfront frontage, perfectly positioned across from Delaware State University. This prime property is ready for development, offering unmatched potential in a thriving area with the proper vision and due diligence from the potential new owners! While a small 3-bedroom home currently sits on-site, the true value lies in its future possibilities. 🔹 Zoned R20, with opportunities for rezoning as a minor subdivision, hotel, or commercial/residential development, this property is ideal for visionary investors and developers. 📍 Unbeatable Location: ✔ Next to Delaware State University housing ✔ 5 minutes to Bally’s Casino & Dover International Raceway ✔ Easy access to Rt 1 North Dover Exit 🚀 Endless Potential—Act Now! Don’t miss this incredible opportunity to develop in one of Dover’s most sought-after locations. Contact us today!
Vacant landProperty Type
14.1 acresLot Size
$106,383Price/Acres
Listed by Roger Bradley• Iron Valley Real Estate Premier
Median sale price in this area is $349,278. (77% lower than this home)
PRICE DROP
0 price drops
25% of homes in this area have had a price drop in the past month.
Property details
Exterior
Property Information
Ownership Interest: Fee Simple
Lot Information
Navigable Water
Water Frontage In Feet: 400
Tidal Water: No
Land Information
Current Use: Land/Lot Only
Possible Use: Agriculture, Commercial, Convenience Store, Day Care, Drive-Thru, Hotel/Motel, Investment, Mini-Storage, Mixed, Multi-Family, Office, Parking, Professional Service, Recreation, Residential
Wooded Acres: 14.00
Farm Information
Land Area Source: Estimated
Farm Land Preservation: No
Financial
Tax Information
Tax Assessed Value: $365,100
Tax Year: 2025
Tax Annual Amount: $2,164
Assessments Information
Year Assessed: 2025
Lease Information
Lease In Effect: No
Utilities
Utilities Information
Sewer Septic: Public Hook/Up Avail
Water Source: Public Hook-up Available
Electricity and solar
View estimated energy costs and solar savings for this home
Directions: Driving south on Rt 13 Dupont Hwy, turn right on College Rd and follow until you pass the bridge on Silver Lake and the property is on the left
Waterfrontage Information
Water Access
On Waterfront
Water Oriented
Water Body Type: Lake
Public facts
Beds: —
Baths: —
Finished Sq. Ft.: —
Unfinished Sq. Ft.: —
Total Sq. Ft.: —
Stories: —
Lot Size: —
Style: Single Family Residential
Year Built: —
Year Renovated: —
County: Kent County
APN: —
Home facts updated by county records on Apr 12, 2023
Sale and tax history for 400 College Rd
Sale History
Tax History
Date
Event
Price
BRIGHT MLS #DEKT2045228
Aug 24, 2026
Pending
—
Mar 13, 2026
Listed
$1,500,000
BRIGHT MLS #DEKT2035248
Feb 27, 2026
Listing Removed
—
Apr 21, 2025
Price Changed
$1,750,000
Feb 26, 2025
Listed
$1,800,000
BRIGHT MLS #DEKT2029886
Feb 27, 2026
Listing Removed
—
Apr 21, 2025
Price Changed
$1,750,000
Jul 25, 2024
Listed
$1,800,000
TREND #5568540
Apr 12, 2010
Sold
$275,000
Jul 23, 2009
Listed
$369,000
TREND #5578083
Apr 12, 2010
Sold
$275,000
Jul 23, 2009
Listed
$369,000
BRIGHT MLS #1005339592
Apr 12, 2010
Sold
$275,000
Dec 31, 2009
Listing Removed
—
Jul 23, 2009
Listed
$369,000
BRIGHT MLS #1005360620
Apr 12, 2010
Sold
$275,000
Dec 31, 2009
Listing Removed
—
Jul 23, 2009
Listed
$369,000
As the MLS and public records start to fill up, we'll list the details here.
Public record
Beds
—
Baths
—
Stories
—
Lot width
—
Lot depth
—
Lot size
—
Year renovated
—
Finished Sq. Ft.
—
Unfinished Sq. Ft.
—
Total Sq. Ft.
—
Year built
—
Style
Single Family Residential
County
Kent County
APN
—
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Apr 12, 2023.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
3/10 Fire Factor
0.15% chance of being in a wildfire in next 30 years
7/10 Heat Factor
7 days above 101° expected this year, 15 days in 30 years
6/10 Wind Factor
77% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 2 days in 30 years
Provided by First Street
Historical weather
Dover, DE • 19904
Average low and high temperatures (°F)
38
23
43
27
60
39
67
47
73
56
83
65
87
70
80
62
77
61
69
48
58
39
44
29
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
65/ 100
Moderate sunlight
Sunscore
There appears to be some shading by surrounding buildings, terrain, and vegetation.
8 hrs
3.2 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 400 College Rd
$1,282,250
$218K under list price of $1.50M
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $309K to $491K.