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- LoopNet Team
100 Silicato Pky
Milford, DE 19963
2.6 Acres Milford, DE · Land For Sale · 2.60 AC
INVESTMENT HIGHLIGHTS
- • New $30M overpass to the Dual Highway – DelDot Approved
- • Within 2 miles of new $300M BayHealth South Campus
- • New $5M Service Road Adjacent to Site – DelDot Approved
PROPERTY FACTS
| Property Type | Land | Proposed Use | Commercial |
| Property Subtype | Commercial | Total Lot Size | 2.60 AC |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Commercial |
| Total Lot Size | 2.60 AC |
DESCRIPTION
The development opportunity consists of eight separate parcels totaling approximately 71 +/- acres. The entire property is in an Opportunity Zone, which could provide excellent tax benefits. We have been advised that approximately 540 apartment units could be developed, or 800,000+/- square feet of industrial, or 175+ single-family residences, and more options for mixed-use. 416 NE 10th Street is the north ingress/egress while the south ingress/egress is on NE Front Street, just east of Route 1 (Bay Road). Complete Phase One & Two Environmental Reports have been completed and the site is clean. Recent surveys and topos are complete as well as having the entire site on AutoCad with local engineers.
PROPERTY TAXES
| Parcel Number | 5-16-174.19-01-13.03-000 | Improvements Assessment | $0 |
| Land Assessment | $1,620,000 | Total Assessment | $1,620,000 |
PROPERTY TAXES
ZONING
| Zoning Code | C3 |
| C3 |
