DEVELOPERS, BUILDERS & INVESTORS — a rare commercial development opportunity directly adjacent to the Route 1 corridor and DE Turf Sports Complex. Offered together are six contiguous vacant parcels totaling approximately 1.85 acres at 3624 Bay Road, providing exceptional visibility and positioning in one of Kent County’s most active travel and recreation corridors. All six parcels were rezoned in 2025 to BG – General Business, significantly expanding the property’s development potential. The parcels may be combined into a single development site, creating flexibility for a variety of commercial or investment concepts. Kent County’s General Business zoning allows for a broad range of uses, making this an excellent opportunity for a developer looking to capitalize on both Route 1 traffic and the steady flow of visitors traveling to DE Turf. Potential uses include a restaurant or bar, commercial lodging/hotel, retail center, professional or medical offices, gas station/convenience store, mixed-use development, mini-storage, automotive sales/service, sports medicine facility, commercial recreation, or multifamily apartments, among numerous other possibilities, subject to the applicable County review and approval requirements. A concept plan has already been prepared for an 18-unit apartment-style development, offering a starting point for an investor interested in housing or potentially developing the units for transient/short-term lodging to serve families, teams and visitors traveling to the nearby DE Turf Sports Complex, subject to Kent County approval and classification of the intended use. With 1.85 acres, six contiguous parcels, General Business zoning, immediate proximity to DE Turf and Route 1, and multiple potential income-producing development strategies, this is the type of site that offers developers the ability to pursue the highest and best use rather than being limited to a single concept. Whether the vision is hospitality, food and beverage, retail, multifamily, mixed-use or another commercial project, the location and zoning create a compelling opportunity in the growing Milford/Frederica corridor. Concept plan and additional property information available upon request. Buyer and buyer’s engineer should independently verify zoning, permitted uses, parcel consolidation, utilities, access, site-plan requirements and all governmental approvals necessary for buyer’s intended use.
Lot/land
$749,900
3624 Bay Rd, Milford, DE 19963
--beds
--baths
1.85Acres
Unimproved Land
Built in ----
1.85 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Six contiguous vacant parcels
- 9 days
- 65
- 1
Zillow last checked:
Listing updated:
Listed by:
Tyler Nicholls 302-423-1848,
Iron Valley Real Estate Premier 3027414545
Source: Bright MLS,MLS#: DEKT2050462
Facts & features
Property
Lot
- Size: 1.85 Acres
Details
- Additional parcels included: 50015200010401, 50015200010402, 50015200010500, 50015200010404, 50015200010400 and 50015200010700.
- Parcel number: MD0015200010400000
- Zoning: BG
- Zoning description: Business General
- Special conditions: Standard
Utilities & green energy
- Sewer: Public Sewer
- Water: Well Permit Not Applied For
- Utilities for property: Electricity Available, Natural Gas Available, Sewer Available
Community & HOA
HOA
- Has HOA: No
Location
- Region: Milford
Financial & listing details
- Tax assessed value: $77,300
- Annual tax amount: $279
- Date on market: 9/14/2026
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
- Inclusions: 6 Lots Sold Together: 5-00-15200-01-0401, 5-00-15200-01-0402, 5-00-15200-01-0500, 5-00-15200-01-0404, 5-00-15200-01-0400 And 5-00-15200-01-0700.
- Ownership: Fee Simple
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 9/14/2026 | Listed for sale | $749,900+74.4% |
Source: | ||
| 5/1/2024 | Sold | $430,000 |
Source: | ||
| 4/6/2024 | Pending sale | $430,000 |
Source: | ||
| 1/8/2024 | Price change | $430,000-14% |
Source: | ||
| 9/6/2023 | Pending sale | $500,000 |
Source: | ||
| 4/17/2023 | Listed for sale | $500,000+566.7% |
Source: | ||
| 7/1/1995 | Sold | $75,000 |
Source: Agent Provided Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $279 | $77,300 |
| 2024 | -- | $77,300 +254.6% |
| 2023 | $490 +2.3% | $21,800 |
| 2022 | $479 -1.7% | $21,800 |
| 2021 | $487 -0.8% | $21,800 |
| 2020 | $491 -0.5% | $21,800 |
| 2019 | $493 -0.3% | $21,800 |
| 2018 | $495 | $21,800 |
| 2017 | $495 -6.7% | $21,800 |
| 2016 | $531 +36.6% | $21,800 |
| 2015 | $388 +2.1% | $21,800 |
| 2014 | $381 | $21,800 |
| 2012 | -- | $21,800 |
| 2011 | -- | $21,800 |
| 2010 | -- | $21,800 +21.8% |
| 2009 | -- | $17,900 |
| 2008 | -- | $17,900 |
| 2007 | -- | $17,900 |
| 2005 | -- | $17,900 |
| 2004 | -- | $17,900 |
| 2002 | -- | $17,900 -7.3% |
| 2001 | -- | $19,300 |
| 2000 | $259 | $19,300 |
Find assessor info on the county website
Monthly payment
Climate risks
Neighborhood: 19963
Nearby schools
Schools provided by the listing agent
- District: Milford
Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.




