SAVRAE Proposes Purchase of Summit Campus Excess Land
- Disclosed value
- Minimum purchase price $190,000; final price to be average of two appraisals if higher than $190,000
- From proposal
- Document date
- Jul 24, 2026
The 30-second brief
SAVRAE Properties LLC submitted a letter of intent to purchase 1.75 acres of excess land at the Summit Campus from Appoquinimink School District for at least $190,000, subject to two appraisals. The proposed sale will occur as-is, with SAVRAE handling subdivision and combining the parcel with 4233 Summit Bridge Road to build an early education childcare facility.
Savrae Properties LLC holds this contract with Appoquinimink School District.
Term as filed: Final settlement 60 days after publication of successful recordation of subdivision plan.
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Contract details
- Amount
- Minimum purchase price $190,000; final price to be average of two appraisals if higher than $190,000
- Document date
- July 24, 2026
- Term
- Final settlement 60 days after publication of successful recordation of subdivision plan
- Vendor
- Savrae Properties LLC
- Source document
- SAVRAE Properties LLC Proposal for Purchase of Excess Land 2026-07-24 (Proposal)
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Questions about this contract
Who was awarded the government contract by Appoquinimink School District?
Savrae Properties LLC was awarded this government contract by Appoquinimink School District, as recorded on July 24, 2026. The contract value is Minimum purchase price $190,000; final price to be average of two appraisals if higher than $190,000.
How much is the Savrae Properties LLC contract with Appoquinimink School District worth?
The Savrae Properties LLC contract with Appoquinimink School District is valued at Minimum purchase price $190,000; final price to be average of two appraisals if higher than $190,000.
What type of contract is this?
This is a government contract, documented as a proposal record.
Where was this contract approved?
This contract appears in SAVRAE Properties LLC Proposal for Purchase of Excess Land 2026-07-24 (Proposal), dated July 24, 2026 from Appoquinimink School District. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Savrae Properties LLC hold?
Savrae Properties LLC may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.
What is Appoquinimink School District currently buying?
Explore Appoquinimink School District's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.