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    280 Rehoboth Blvd Milford, DE 19963

    Sponsored
    For Sale
    $425,000

    High-yield, fully occupied commercial building.

    Property size:
    3,580 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    337
    This exceptional mixed-use property at 280 N Rehoboth Boulevard, Milford, Delaware, presents a compelling investment opportunity. The 3,580 square foot building sits on a 0.62-acre lot and is currently configured as two separate units, though easily adaptable to accommodate a third. The property boasts a long and consistent history of full occupancy, generating immediate income for the new owner. Priced below replacement cost, this represents a significant value proposition in the competitive commercial real estate market. Ample on-site parking is available, and the property offers considerable potential for future expansion. The commercially zoned lot provides flexibility for a variety of uses. Avoid the complexities and delays associated with new construction and begin realizing a return on your investment from day one. This affordable, high-performing asset is a rare find in today's market and is poised for continued success. The property's prime location in Milford, Delaware, ensures easy access to local amenities and a strong tenant base. Don't miss this chance to acquire a stable and profitable commercial property with significant upside potential. Act quickly, as opportunities like this are seldom available.

    Property Features for 280 Rehoboth Blvd

    General Information

    Property type
    Mixed-use properties
    Square Feet
    3,580 SF
    Lot Size
    27,007 SF

    Building Details

    Year Built
    1970
    Property Profile Location Intelligence

    Current Use by Public Records

    Mixed-use properties

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Milford
    County
    Kent
    State
    Delaware
    Longitude
    -75.4247
    Latitude
    38.92292

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    FAQs

    What type of property is this?
    Mixed-use property - High-yield, fully occupied commercial building.
    Where is this mixed-use property located?
    The property is located at 280 Rehoboth Blvd Milford, DE.
    What is the asking price?
    The asking price for this property is $425,000.
    (302) 422-1850
    Request Owner's contact information
    280 Rehoboth Blvd Milford, DE 19963
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    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
    280 Rehoboth Blvd Milford, DE 19963
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