280 Rehoboth Blvd Milford, DE 19963
Property summary
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
VerifiedCap rate & NOI
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
C3 · Milford, DEZoning
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Zoning designation
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The district profile from the municipal source: what is on file for C3 in Milford, DE.
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