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$2,750,000
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Property Description
Prime Commercial Development Opportunity! Highly visible, high-traffic 3.24-acre commercial parcel located on Bay Rd in Milford's primary business corridor, offering excellent exposure and accessibility. Zoned BG (General Business District), allowing a wide range of commercial and service uses including retail, office, medical, restaurant, and service-oriented businesses, subject to city approvals. Property may be subdivided, offering flexibility for multiple commercial pads, phased development, or individual end-user sites (subject to municipal approval). Electric , water and sewer stubbed out. Strategic Location "¢ Strong frontage on Bay Rd, one of Milford's most active commercial corridors "¢ Surrounded by established businesses and growing residential areas "¢ Convenient access to major routes and local amenities Development Potential "¢ Suitable for single-user or multi-tenant commercial development "¢ Flat, usable acreage with room for buildings, parking, and circulation "¢ Utilities believed to be available nearby (buyer to verify) Retail or pad-site development, medical or professional offices, service businesses, restaurants, or investor/developer subdivision opportunity.
Full Property Details
Full Property Details for 0 Bay Rd
General
- Price: $2,750,000
- Taxes: $1,452 (2025)
- Status: Active
- Type: Lots/Land
- Source: BrightMLSPhilly
- MLS ID: DEKT2043904
- Updated: 2/9/2026
- Added to Site: 20 day(s) ago
Location
- Area: Milford (30805)
- County: KENT
- Driving Directions: From Dover head South on DE 1 make U-turn right property on right.
School Information
- School District: Milford
Utilities
- Sewer: No Septic System
- Water: None
Structural Information
- Current Bldg. Use: Vacant
Lot Features
- Lot Size (Acres): 3.24
- Lot Size (Sq. Ft.): 141,134
- Lot Size Source: Estimated
- Lot Dimensions: 1.00 x 0.00
- Zoning: BG
Financial Considerations
- Price Per Sq. Ft.: $19.48
- Assessment Year: 2025
- School Tax: $1,173
- City/TownTax Freq: Annually
- County Tax: $230
- County Tax Freq: Annually
- Tax w/Assessment: $402,300
- Tax Amount: $1,452
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Lot Number: 2200-000
Listed by R&R Commercial Realty, Keith Walpole and R&R Commercial Realty, Marie Biro
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Schools
Schools serving 0 Bay Rd
School District:Lake Forest School District
| Name | Grades | Distance |
|---|---|---|
Lake Forest East Elementary School 124 Front Street, Frederica, DE 19946 | K-4 | 0.9 mi |
Lake Forest Central Elementary School 5424 Killens Pond Road, Felton, DE 19943 | 4-5 | 5.2 mi |
Chipman (W.T.) Middle School 101 West Center Street, Harrington, DE 19952 | 6-8 | 8.9 mi |
Lake Forest High School 5407 Killens Pond Road, Felton, DE 19943 | 8-12 | 5.3 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 0 Bay Rd
Date
Details
Price
Change
Source
1/22/2026
Listed
$2,750,000
18233.33%
MLS
3/27/2014
Sold
$15,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 0 Bay Rd
Year
Property Taxes
Change
Tax Assessment
Change
2023
$45
—
$4,300
115%
2023
$45
2%
$2,000
—
2022
$44
-2%
$2,000
—
2021
$45
—
$2,000
—
2020
$45
—
$2,000
—
2019
$45
-2%
$2,000
—
2017
$46
-6%
$2,000
—
2016
$49
40%
$2,000
—
2015
$35
—
$2,000
—
2014
$35
-3%
$2,000
—
2013
$36
—
$2,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 0 Bay Rd
0 Bay Road, Milford, DE 19963 (MLS# DEKT2043904) is a Lots/Land property with a lot size of 3.24 acres. 0 Bay Road is currently listed for $2,750,000 and was received on January 22, 2026. Want to learn more about 0 Bay Road? Do you have questions about finding other Lots/Land real estate for sale in Milford? You can browse all Milford real estate or contact a Coldwell Banker agent to request more information.
