30511 Cave Neck Rd, Milton, DE 19968
For Sale
Chappell Farm presents a unique investment opportunity in Milton, Delaware. This expansive 14.92-acre parcel, situated at the high-traffic intersection of Cave Neck Road and Route One, boasts a pre-approved site plan for a mixed-use development. The commercial component encompasses three pad sites totaling 44,498 square feet, offering ample space for various businesses. Detailed plans show individual pad sizes of 23,790 square feet, 16,128 square feet, and 4,580 square feet, all with designated parking areas. The residential component allows for the construction of up to 128 units, catering to a growing demand for housing in the area. Amenities planned for the residential section include a swimming pool and a fitness center, further enhancing the appeal and value of the development. The existing site plan is available upon request, though it's important to note that it is subject to change. This exceptional property offers significant potential for substantial returns, making it an ideal acquisition for discerning investors seeking a prime location and a well-defined development path. The strategic location and comprehensive site plan make this a truly remarkable opportunity in the vibrant Delaware market. Act quickly to secure this exceptional investment.
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Capitol Buildings shedcrazy Construction Company General Contractor
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Capitol Buildings Shed crazy Construction Company General Contractor
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Hooked on Poly Patio Furniture & Home Goods Hardware & Home Improvement
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D'Z Pit Smoked BBQ (seasonal) Restaurant
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Indian Point Farm Market Grocery & Convenience Store Food Market
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
Similar Nearby for Sale
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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.