The SVN Land Group, a business unit within SVN-Miller Commercial Real Estate, transacted more than 1,600 acres of timberland across nine properties located in Sussex County, DE in 2017.
The properties, located in Harbeson, Millsboro, Laurel, Delmar and Georgetown, sold for a combined total of over $3 million. Sales included:
- Doddtown Rd, Harbeson, DE – 122 acres – $330,000
- Laurel Rd, Millsboro, DE – 46 acres – $80,000
- Little Hill Rd, Laurel, DE – 61 acres – $180,000
- Susan Beach Rd, Delmar, DE – 260 acres – $680,000
- Waycross Rd, Laurel, DE – 291 acres – $144,000
- Kings Crossing Rd, Laurel, DE – 39 acres – $124,000
- Kings Crossing Rd, Laurel, DE – 25 acres – $115,000
- Asketum Rd, Georgetown, DE – 293 acres – $575,000
- Nanticoke Headwaters Wholesale – 484 acres – $871,200
“I believe we are seeing a resurgence in buyers to the forestland market as recreational users are looking at Sussex County as having a high quality of life and solid long-term land values,” stated Senior Advisor Ben Alder.
Further information is available from Ben Alder at ben@svnlandgroup.com or call 410-543-2440.
SVN – Miller Commercial Real Estate has offices in Salisbury, MD, Bethesda, MD, Easton, MD, Seaford, DE, and Onley, VA.
