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Property profile & analytics
OFF-MARKET
Commercial real estate

280 Rehoboth Blvd Milford, DE 19963

2,880 SF 0.62 ac lot Built 1960
Entity Owned Absentee Owner ~ Est. High Equity
Property ID
US17-0323491
Property summary
AI-generated overview

This exceptional mixed-use property at 280 N Rehoboth Boulevard, Milford, Delaware, presents a compelling investment opportunity. The 3,580 square foot building sits on a 0.62-acre lot and is currently configured as two separate units, though easily adaptable to accommodate a third. The property boasts a long and consistent history of full occupancy, generating immediate income for the new owner. Priced below replacement cost, this represents a significant value proposition in the competitive commercial real estate market. Ample on-site parking is available, and the property offers considerable potential for future expansion. The commercially zoned lot provides flexibility for a variety of uses. Avoid the complexities and delays associated with new construction and begin realizing a return on your investment from day one. This affordable, high-performing asset is a rare find in today's market and is poised for continued success. The property's prime location in Milford, Delaware, ensures easy access to local amenities and a strong tenant base. Don't miss this chance to acquire a stable and profitable commercial property with significant upside potential. Act quickly, as opportunities like this are seldom available.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1960
Total area 2,880 SF
Lot 0.62 ac (27,007 SF)
Zoning code C3
APN 5-16-174.18-02-58.00-000
UPID US17-0323491
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Mispillion Holdings LLC
Mispillion Holdings LLC
since 2026
Last sale
$312,500
1 recorded transaction
2026
$312,500
Zoning & alternative use
C3 · Milford, DE
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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