24600 Broadkill Rd Milton, DE 19968
This exceptional one-acre commercial parcel, located at 24600-24700 Broadkill Road in Milton, Delaware (zip code 19968), presents a unique investment opportunity. Zoned C-1, this property boasts excellent visibility and accessibility with multiple entrance and egress points. Situated along heavily trafficked Broadkill Road, it benefits from a high average annual daily traffic count of 7,000 vehicles, making it ideal for a variety of commercial uses. The property is situated within Milton's rapidly expanding commercial corridor and enjoys prominent Delaware Route 16 frontage. A significant advantage is the proximity to a large-scale residential development currently under construction, promising increased foot traffic and consumer demand. The seller is open to offers for both outright sale and ground leases, offering flexibility for potential buyers. The property is fully customizable and divisible, allowing for tailored development to meet specific business needs. While a photo depicts a previously sold lot, this listing showcases the available one-acre parcel. The asking price for this prime commercial land is $495,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.