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Prime Commercial Land Opportunity
For Sale
$1,950,000

211 Broadkill Rd, Milton, DE 19968

3.3-acre commercial parcel with high visibility and income stream.

Property Size2,559 SF
Lot Size3.30 Acres
Price / SF$762.02
Days on Market778

Property Features for 211 Broadkill Rd

General Information

Standard status Active
Size 2,559 SF
Lot size 3.30 Acres

Taxes and HOA fees

Annual Taxes $2,038
Listing Agency: Compass
Listed By: Dustin Oldfather · License #RS-0017091
Source: Exprealty
Added: Jul 15, 2024 Changed: Aug 31 Last Checked: Aug 30 at 11:48PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Compass

Investment Insights

Based on property information with market context.

Located at 211 Broadkill Rd in Milton, DE, this 3.3-acre commercial parcel offers high traffic count and visibility. Zoned for commercial use, the property is suited for retail, office, or mixed-use development. The site includes a 2,559 SF building occupied by a local restaurant. The current restaurant lease is in place until July 31, 2027, with a monthly rent of $3,500 under net terms, providing a stable income stream. The property is surrounded by established businesses and is close to major roadways, making it accessible to regional and local consumers. The area's population growth and demand for commercial services enhance the potential for success. This property offers an opportunity to capitalize on the Milton market.

Key Highlights

  • Prime 3.3‑acre commercial parcel with high traffic count and exceptional visibility on Broadkill Rd.
  • Zoned for commercial use, ideally suited for retail, office, or mixed‑use development.
  • Existing 2,559 SF building with a thriving restaurant tenant under a lease until 7/31/27, generating $3,500 monthly rent.

Property Analytics

Current Use

The Backyard Restaurant

Suggested Use

Top Pick Parking Lot & Garage Auto Parts Store Auto Repair Shop Electrical Service Law Firm Dental Office

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

248
Businesses Nearby
46k
Monthly Visits Nearby

Foot Traffic Nearby

Groceries 49% Shops & Services 24% Dining 12% Home Improvements & Furnishings 12%
Food Lion Grocery Store Groceries
22,520 visits/mo 0.2 miles
Family Dollar Shops & Services
5,837 visits/mo 0.1 miles
Best Ace Hardware Home Improvements & Furnishings
5,538 visits/mo 0.4 miles
Dollar General Shops & Services
5,307 visits/mo 0.1 miles
SUBWAY Dining
3,912 visits/mo 0.1 miles

Demographics for 19968, DE

13,800
Population
7,380
Households
1.9
Avg Household Size
53
Median Age
40%
College-Educated
94%
High-School Grad
63.9 sq mi
ZIP Area
216
Density / Sq Mi
$81,646
Median Household Income
$43,088
Median Earnings
$1,408
Median Rent
$418,600
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - 3.3-acre commercial parcel with high visibility and income stream.
Where is this commercial land located?
The property is located at 211 Broadkill Rd Milton, DE.
What is the asking price?
The asking price for this property is $1,950,000.
What are key features of this property?
This property features: Prime 3.3‑acre commercial parcel with high traffic count and exceptional visibility on Broadkill Rd.; Zoned for commercial use, ideally suited for retail, office, or mixed‑use development.; Existing 2,559 SF building with a thriving restaurant tenant under a lease until 7/31/27, generating $3,500 monthly rent.
More about this property
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