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    280 N Rehoboth Blvd Milford, DE 19963

    For Sale
    $350,000

    Well-located, fully occupied commercial property with expansion potential.

    Lot size:
    0.62 Acres

    Property Features for 280 N Rehoboth Blvd

    General Information

    Lot size
    0.62 Acres

    Building Details

    Year built
    1970

    Source: MASTEN REALTY LLC Agent JAMIE MASTEN

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Commercial Property Investment Opportunity

    This commercial property presents an investment opportunity. The property is priced below replacement cost and is currently configured as two units, with the potential to be divided into three. It benefits from a history of long-term occupancy and is currently fully occupied. Ample parking is available, with room for expansion. A new HVAC system was installed in the salon in 2025. The property is commercially zoned.
    Insight Report Location Intelligence

    Current Use by Public Records

    Storefront 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.

    Similar Places Nearby

    Cookie's Paper Petals

    Location Insight

    • Map
    • Local Demand
    City
    Milford
    County
    Sussex
    State
    Delaware
    Longitude
    -75.4246805
    Latitude
    38.9229388

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    FAQs

    What type of property is this?
    Storefront property - Well-located, fully occupied commercial property with expansion potential.
    Where is this storefront property located?
    The property is located at 280 N Rehoboth Blvd Milford, DE.
    What is the asking price?
    The asking price for this property is $350,000.
    What are key features of this property?
    This property features: - Fully occupied commercial property provides immediate income.; - Priced below replacement cost.; - Ample parking with expansion potential.
    (302) 422-1850
    Request Owner's contact information
    280 N 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 N Rehoboth Blvd Milford, DE 19963
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