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    909 Walnut St Milford, DE 19963

    Sponsored
    For Sale
    $440,000

    High-traffic location, multiple income streams.

    Property size:
    3,589 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    339
    This exceptional mixed-use property, situated on over 1.11 acres in Milford, Delaware, presents a unique investment opportunity. Boasting significant road frontage on both Rehoboth Boulevard and North Walnut Street – two high-traffic thoroughfares – this C-3 zoned property offers substantial potential. Currently, the site includes a 1,830 square foot shop, a three-bedroom, one-and-a-half-bathroom single-family home, a two-car garage with walk-up storage, and additional storage sheds. This diverse configuration generates multiple income streams or allows for immediate occupancy while development plans are finalized. A conceptual site plan for a four-unit commercial center with 35 parking spaces is available for qualified buyers, showcasing the property's significant expansion potential. The 3,589 square foot total building area, combined with the ample land and prime location, makes this an ideal property for a variety of commercial ventures. The high visibility and convenient access to major roadways ensure strong potential for business growth and profitability. This is a rare opportunity to acquire a versatile property with immediate income and significant long-term development potential in a thriving Delaware community.

    Property Features for 909 Walnut St

    General Information

    Property type
    Mixed-use properties
    Square Feet
    3,589 SF
    Lot Size
    48,352 SF

    Building Details

    Year Built
    1930
    Property Profile Location Intelligence

    Current Use by Public Records

    Mixed-use properties

    Map

    City
    Milford
    County
    Kent
    State
    Delaware
    Longitude
    -75.42854
    Latitude
    38.9258

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    FAQs

    What type of property is this?
    Mixed-use property - High-traffic location, multiple income streams.
    Where is this mixed-use property located?
    The property is located at 909 Walnut St Milford, DE.
    What is the asking price?
    The asking price for this property is $440,000.
    (302) 227-3883
    Request Owner's contact information
    909 Walnut St 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
    909 Walnut St Milford, DE 19963
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