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Three Adjoining Buildable Lots
For Sale
$720,000

516 Mulberry Street, Milton, DE 19968

Three adjoining residential lots are sold together as a buildable package with public water and utility access.

Property SizeContact for details
Lot Size0.96 Acres
Days on Market334

Property Features for 516 Mulberry Street

General Information

Standard status Active
Lot size 0.96 Acres
Property subtype Land / Fee Simple
Zoning TN

Site & Location

Road Access Yes
Utilities to Site Yes

Taxes and HOA fees

Annual Taxes $191
Listing Agency: Keller Williams Preferred Properties
Listed By: Wanda D Russell · License #517498
Source: Compass
Added: Sep 26, 2025 Changed: Aug 8 Last Checked: Mar 25 at 12:46PM

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 Keller Williams Preferred Properties

Investment Insights

Based on property information with market context.

This offering includes three adjoining residential lots sold together as a single package. The lots are described as buildable and include access to public water and utilities, which can support convenient development planning. The property is zoned Residential and is presented as an opportunity for a multi-home development or a private family compound.

The lots are positioned at the intersection of Mulberry Street and Ship Builders Blvd in the Shipbuilders Village community. Public remarks note there is no HOA and that the property is in front of a bus stop. The listing also indicates each lot’s approximate size for Lot 1, Lot 2, and Lot 3 in the land lot drawing.

The property is located in Sussex County and outside city limits. Public remarks state the area is within the Cape Henlopen School District, and that the community is less than a mile from Milton’s schools, library, theater, shopping, and dining.

Key Highlights

  • 3 adjoining residential lots sold together as a buildable package at the intersection of Mulberry Street and Ship Builders Blvd
  • Lot sizes: Lot 1 .3527 acres, Lot 2 .2720 acres, Lot 3 .3345 acres
  • Zoned Residential, offering development flexibility for builders, investors, or homeowners

Property Analytics

Current Use

Residential land & home ...

Suggested Use

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

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

Lease Details

Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

238
Businesses Nearby

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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Residential land & home lot - Three adjoining residential lots are sold together as a buildable package with public water and utility access.
Where is this residential land & home lot located?
The property is located at 516 Mulberry Street Milton, DE.
What is the asking price?
The asking price for this property is $720,000.
What are key features of this property?
This property features: 3 adjoining residential lots sold together as a buildable package at the intersection of Mulberry Street and Ship Builders Blvd; Lot sizes: Lot 1 .3527 acres, Lot 2 .2720 acres, Lot 3 .3345 acres; Zoned Residential, offering development flexibility for builders, investors, or homeowners
More about this property
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