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    129 Washington St Millsboro, DE 19966

    For Sale
    $239,000

    LAND - MILLSBORO, DE

    Lot size:
    0.32 Acres
    Days on Market:
    120
    Last Refresh:
    Dec 14 at 7:06 am

    Property Features for 129 Washington St

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Lot size
    0.32 Acres

    Keller Williams Realty (302) 228-5143 [email protected]

    Listing agent Renee Edge (302) 360-0300 License #RA0031042

    Listing date Aug 17, 2025

    Copyright © 2025 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Prime Millsboro Land Opportunity

    This expansive 0.32-acre lot, recently combined, is located in the heart of Millsboro, Delaware. Zoned Urban Business, the property aligns with the town's thriving community. Millsboro, recognized as Sussex County's growth leader in 2019, offers an environment for investment. The location provides high visibility and experiences substantial traffic, with an Annual Average Daily Traffic count of 19,770 in 2022. Situated 19 miles west of Rehoboth Beach and 15 miles from Bethany Beach, the property benefits from proximity to coastal attractions. Urban Business zoning permits a variety of uses, including groceries, banking facilities, drive-in eateries, restaurants, and sporting goods stores. The town provides ample free parking and offers town water and sewer hook-up availability. The recent consolidation of two parcels provides expanded business space, presenting an opportunity to propel business forward.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Millsboro
    County
    Sussex
    State
    Delaware
    Longitude
    -75.29322723
    Latitude
    38.58984738

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    FAQs

    What type of property is this?
    Commercial land - Vacant lot in thriving Millsboro, DE, zoned for urban business.
    Where is this commercial land located?
    The property is located at 129 Washington St Millsboro, DE.
    What is the asking price?
    The asking price for this property is $239,000.
    What are key features of this property?
    This property features: - Prime location in the heart of Millsboro, Sussex County's growth leader in 2019.; - Zoned Urban Business, permitting diverse business uses (groceries, banking, restaurants, etc.).; - High visibility with substantial traffic: 19,770 Annual Average Daily Traffic count in 2022.
    (302) 360-0300
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    129 Washington St Millsboro, DE 19966
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    Millsboro, DE 19966
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    129 Washington St Millsboro, DE 19966
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