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280 Rehoboth Blvd Milford, DE 19963

OFF-MARKET Commercial real estate Google Maps
2,880 SF 0.62 ac lot Built 1960
Entity Owned Absentee Owner ~ Est. High Equity
Estimated value (blended)
$315k
Range $284k – $347k (±10%)
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

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$300k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$315k

Owner & transaction history

since 2026
Last sale
$312,500
1 recorded transaction
2026
$312,500

Zoning & alternative use

C3 · Milford, DE

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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