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    Calvary Rd Milford, DE 19963

    For Sale
    Contact for pricing

    Two C3-zoned parcels ideal for development.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional offering presents two contiguous commercial land parcels totaling approximately 4.53 to 4.9 acres situated on Calvary Road in Milford, Delaware. The property boasts a highly desirable C3 zoning designation, opening up a wide range of development possibilities. Each parcel is individually priced and identified by its respective tax ID numbers: 5-16-17400-03-0101-000 and 5-16-17400-03-0102-000. The larger parcel, encompassing approximately 4.9 acres, is offered at $1,100,000. The slightly smaller parcel, measuring approximately 4.53 acres, is priced at $1,019,250. This prime location offers convenient access to Route 1, ensuring excellent visibility and accessibility for any commercial venture. The parcels are situated in Sussex County, Delaware, with a zip code of 19963 and precise coordinates available upon request. This presents a unique opportunity for investors and developers seeking a strategic location in a growing market. The C3 zoning allows for a variety of commercial uses, making this an attractive investment for a diverse range of projects. Serious inquiries are encouraged to explore the potential of this exceptional commercial land offering. Detailed zoning information and survey data are readily available.

    Property Features for 0 Calvary Rd

    General Information

    Property type
    Land
    Lot Size
    197,327 SF

    HighLights

    • 4.9+/- acres, priced at $1,100,000.
    • 4.53+/- acres, priced at $1,019,250.
    • C3 Zoning.
    • Tax ID: 5‑16‑17400‑03‑0101‑000.
    • Tax ID: 5‑16‑17400‑03‑0102‑000.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Milford
    County
    Sussex
    State
    Delaware
    Longitude
    -75.4264644
    Latitude
    38.9429215

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    FAQs

    What type of property is this?
    Land - Two C3-zoned parcels ideal for development.
    Where is this land located?
    The property is located at Calvary Rd Milford, DE.
    What are key features of this property?
    This property features: 4.9+/- acres, priced at $1,100,000.; 4.53+/- acres, priced at $1,019,250.; C3 Zoning.
    (302) 674-3400
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    Calvary Rd 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.

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    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
    Calvary Rd Milford, DE 19963
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