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    56.37 Acres Sharps Rd Milford, DE 19963

    For Sale
    $3,382,200

    LAND - MILFORD, DE

    Lot size:
    56.37 Acres
    Days on Market:
    328
    Last Refresh:
    Dec 5 at 3:06 am

    Property Features for 56.37 Acres Sharps Rd

    General Information

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

    Jack Lingo Realtor, Inc. (302) 226-6407 [email protected]

    Listing agent CARRIE LINGO (302) 645-2207 License #RS-0017885

    Listing date Jan 12, 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

    56.37 Acres Development Potential

    This 56.37-acre property is located east of Route One in Milford, Delaware. Currently farmed, the land offers development potential within the fast-growing Milford corridor. The property is situated in Sussex County, with a postal code of 19963.
    Location Intelligence

    Current Use by Public Records

    Agricultural land

    Map

    City
    Milford
    County
    Sussex
    State
    Delaware
    Longitude
    -75.36166846
    Latitude
    38.89907954

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    FAQs

    What type of property is this?
    Agricultural land - Land in fast-growing Milford corridor with development potential.
    Where is this agricultural land located?
    The property is located at 56.37 Acres Sharps Rd Milford, DE.
    What is the asking price?
    The asking price for this property is $3,382,200.
    What are key features of this property?
    This property features: - Acreage east of Route One.; - Excellent development potential.; - Located in the fast-growing Milford corridor.
    (302) 645-2207
    Request Owner's contact information
    56.37 Acres Sharps Rd Milford, DE 19963
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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
    56.37 Acres Sharps Rd Milford, DE 19963
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