945 Dupont Blvd Milford, DE 19963
- Commercial real estate
- 10,485 SF
- 1.10 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 945 Dupont Blvd
- Year built
- 2013
- Lot size
- 1.10 lot acres
- Property size
- 10,485 SF
- Zone code
- C3
- Property type
- Commercial real estate
- APN
- 5-16-174.14-01-03.05-000
- APU
- 51617414010305000
Description
This exceptional Milford, DE retail property, located at 945 N Dupont Hwy (Dupont Blvd), offers 6,352 square feet of versatile space in a single-story building. Currently entirely vacant, this C-3 zoned property is ideal for a variety of commercial uses. The space can be divided into multiple units, with a minimum divisible space of 1,841 square feet and a maximum contiguous space of 2,459 square feet. Tenants will benefit from ample parking with 10 spaces available. The property is undergoing final division, presenting a timely opportunity to lease. Lease rates are $20 per square foot, with a CAM charge of $3.50 per square foot. This prime location in Milford, DE (zip code 19963) offers excellent visibility and accessibility, making it an attractive option for businesses seeking a strong presence in a thriving community. The property's flexible layout allows for customization to suit diverse business needs, from expansive retail displays to efficient office spaces. Don't miss this chance to secure a prominent location in a desirable market.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $410,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $455,000
- 6.5%
- $510,000
- 7%
- $510,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $535,000
- Geo Method
- $510,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $450,000
- Retail
- $520,000
- Mixed-Use
- $445,000
- Hospitality
- $450,000
- Educational
- $390,000
- Residential Income
- $460,000
- Energy
- $485,000
- Income-Based Land
- $465,000
- Food Service
- $495,000
Location Insight
- Map
- Local Demand
- City
- Milford
- County
- Kent
- State
- Delaware
- Longitude
- -75.4314
- Latitude
- 38.9315
- CBSA code
- 20100
- CBSA name
- DOVER, DE METROPOLITAN STATISTICAL AREA