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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
    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.
    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#: DEKT2050462MLS Logo

      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

        DateEventPrice
        9/14/2026Listed for sale$749,900+74.4%
        Source: Bright MLS #DEKT2050462 Report a problem
        5/1/2024Sold$430,000
        Source: Bright MLS #DEKT2018658 Report a problem
        4/6/2024Pending sale$430,000
        Source: Bright MLS #DEKT2018658 Report a problem
        1/8/2024Price change$430,000-14%
        Source: Bright MLS #DEKT2018658 Report a problem
        9/6/2023Pending sale$500,000
        Source: Bright MLS #DEKT2018658 Report a problem
        4/17/2023Listed for sale$500,000+566.7%
        Source: Bright MLS #DEKT2018658 Report a problem
        7/1/1995Sold$75,000
        Source: Agent Provided Report a problem

        Public tax history

        YearProperty taxesTax 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

        Estimated monthly payment$1,822
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 19963

        Getting around

        8 / 100
        Car-Dependent
        28 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        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.

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