30511 Cave Neck Rd Milton, DE 19968
- Multifamily properties
- 14.92 lot acres
Current Use by Public Records
- Capitol Buildings shedcrazy / Shed Builder
- Capitol Buildings Shed crazy / Shed Builder
- Hooked on Poly Patio / Outdoor Furniture Store
- D'Z Pit Smoked BBQ (seasonal) / Barbecue Restaurant
- Indian Point Farm Market / Grocery Store
Property Details for 30511 Cave Neck Rd
- Lot size
- 14.92 lot acres
- Property type
- Multifamily properties
Description
Chappell Farm presents a unique investment opportunity in Milton, Delaware. This expansive 14.92-acre parcel, situated at the high-traffic intersection of Cave Neck Road and Route One, boasts a pre-approved site plan for a mixed-use development. The commercial component encompasses three pad sites totaling 44,498 square feet, offering ample space for various businesses. Detailed plans show individual pad sizes of 23,790 square feet, 16,128 square feet, and 4,580 square feet, all with designated parking areas. The residential component allows for the construction of up to 128 units, catering to a growing demand for housing in the area. Amenities planned for the residential section include a swimming pool and a fitness center, further enhancing the appeal and value of the development. The existing site plan is available upon request, though it's important to note that it is subject to change. This exceptional property offers significant potential for substantial returns, making it an ideal acquisition for discerning investors seeking a prime location and a well-defined development path. The strategic location and comprehensive site plan make this a truly remarkable opportunity in the vibrant Delaware market. Act quickly to secure this exceptional investment.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Milton
- County
- Sussex
- State
- Delaware
- Longitude
- -75.21535
- Latitude
- 38.7674
