You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
OFF-MARKET
Office Spaces

2306 Bay Rd Milford, DE 19963

1.4 ac lot Built 1947
Property ID
US17-0388847
Property summary
AI-generated overview

This exceptional commercial property offering presents a rare opportunity to lease three contiguous office spaces located at 2306, 2318, and 2332 E Bay Road in Milford, Delaware. Situated on a generous 1.4-acre lot, this property provides ample space and parking for tenants and their clients. Each of the three office spaces is available for lease at a monthly rate of $1700. The lease structure is a Triple Net (NNN) lease, meaning tenants are responsible for property taxes, insurance, and maintenance expenses in addition to the base rent. This transparent and cost-effective arrangement allows for predictable budgeting and operational expenses. The property is zoned BG, General Business District, making it suitable for a wide range of commercial and business uses. Prospective tenants should independently verify zoning compliance with local regulations to ensure their intended use aligns with permitted activities. It's important to note that these spaces are strictly for commercial purposes and are not suitable for residential occupancy. The property's location in Milford offers convenient access to major roadways and local amenities, making it an attractive location for businesses seeking a well-situated and functional office space. Interested parties are encouraged to inquire further to explore the possibilities and schedule a viewing. The total monthly rent for all three spaces is $5100.

Property profile
Verified
Property type Office Spaces
Year built 1947
Lot 1.4 ac (60,984 SF)
UPID US17-0388847
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 2306 Bay Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message