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Property profile & analytics
OFF-MARKET
Commercial real estate

909 Walnut St Milford, DE 19963-1235

3,589 SF 1.11 ac lot Built 1930
Individually Owned 1-yr Hold ~ Est. High Equity
Property ID
US17-0149872
Property summary
AI-generated overview

This exceptional mixed-use property, situated on over 1.11 acres in Milford, Delaware, presents a unique investment opportunity. Boasting significant road frontage on both Rehoboth Boulevard and North Walnut Street – two high-traffic thoroughfares – this C-3 zoned property offers substantial potential. Currently, the site includes a 1,830 square foot shop, a three-bedroom, one-and-a-half-bathroom single-family home, a two-car garage with walk-up storage, and additional storage sheds. This diverse configuration generates multiple income streams or allows for immediate occupancy while development plans are finalized. A conceptual site plan for a four-unit commercial center with 35 parking spaces is available for qualified buyers, showcasing the property's significant expansion potential. The 3,589 square foot total building area, combined with the ample land and prime location, makes this an ideal property for a variety of commercial ventures. The high visibility and convenient access to major roadways ensure strong potential for business growth and profitability. This is a rare opportunity to acquire a versatile property with immediate income and significant long-term development potential in a thriving Delaware community.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1930
Construction FRAME
Total area 3,589 SF
Lot 1.11 ac (48,352 SF)
Zoning code C3
APN 5-16-174.18-02-02.00-000
UPID US17-0149872
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
by Request
Blend (final) Blend
by Request
Owner & transaction history
New Genesis Rock Of Love Crstn Mini · 1 yrs held
New Genesis Rock Of Love Crstn Mini
since 2025
Last sale
$270,100
7 recorded transactions
2025
$270,100
2021
$340,000
2019
Price N/A
2019
Price N/A
2019
$2,840
2019
Price N/A
2016
$299,000
Zoning & alternative use
C3 · Milford, DE
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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