47.8 Acres of Commercial Land for Sale in Milton, Delaware

Draper Rd, Milton, DE 19968

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47.8 Acres of Commercial Land for Sale in Milton, Delaware
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$2,952,000
47.84 acres
Active sale agoEst $29,090/mo

Prime development opportunity in high-value Milton, Delaware. Zoned AR-1, Agricultural/Residential,

o Parcel Zone: AR-1

o Total Parcel Area: 47.84 acres o Min lot area: .75 acre o 47.84/0.75 = 63.78 lots (This is the max density if you were not in the Low-Density area)

o 63.67 lots x 0.75 = 47.84 = 47 lots. (This is the actual max lots, the Low-Density overlay requires you to reduce the allowable units by 25%)This property features 12.84 acres of wooded area and the rest of the area is cleared. Located just outside the Town of Milton, and just off of Rt 1 this property, offers easy access to the Town of Milton, Broadkill Beach, The Rookery Golf Course, Lewes, Rehoboth Beach, and Milford. Plenty of road frontage on both Draper and Reynolds Rd. Survey is available upon request for serious buyers.

Property details

County
Sussex County
Coordinates
38.8133, -75.3055
School District
Cape Henlopen
Elevation
20 feet
MLS Number
TREND DESU2036468
Date Listed

This 47.84-acre property is located at Draper Rd in Milton, DE 19968 with latitude 38.8133 and longitude -75.3055. The property is currently available for sale for $2,952,000 with a price per acre of $61,706. Listing data is sourced from Bright MLS # DESU2036468.

Verify sale details at the property source or contact Jack Lingo - Lewes at (302) 227-3883.

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Copyright (C) 2024 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Listing checked and updated . Parcel data by Regrid.

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Land for sale in Milton, DE