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608 NE Front St EXT 6.7 Acres of Residential Land Offered at $1,700,000 in Milford, DE 19963
INVESTMENT HIGHLIGHTS
- This property is located within 1/2 mile to route 1
- Accwaa to the Mispillion River
EXECUTIVE SUMMARY
The Construction plans are approved, builder to design and submit drawings for apartment buildings. The front entrance has been completed and accepted by Del Dot.
Phase 1 Completed, Phase 2 Completed - Very shovel ready
Discover the remarkable potential of this waterfront property, where dreams of marina access and recreational serenity can become a reality for all your renters. Detailed drawings reveal excellent prospects for water access, making this an ideal location for boating enthusiasts and nature lovers alike.
Conveniently, the entrance to the property has already been constructed and officially signed off by DelDot, this paved approach not only enhances accessibility but also signifies the dedication to quality that has gone into developing this unique land.
Most enticingly, there's no cost burden to the buyer for the land improvements carried out by the Owner. This translates to significant savings and less hassle as you make this property your developmental ideas. All that's missing is your vision. Don’t miss this exceptional opportunity to invest and create a wonderful community.
Commission - Buyer to pay 5% Commission to seller.
Phase 1 Completed, Phase 2 Completed - Very shovel ready
Discover the remarkable potential of this waterfront property, where dreams of marina access and recreational serenity can become a reality for all your renters. Detailed drawings reveal excellent prospects for water access, making this an ideal location for boating enthusiasts and nature lovers alike.
Conveniently, the entrance to the property has already been constructed and officially signed off by DelDot, this paved approach not only enhances accessibility but also signifies the dedication to quality that has gone into developing this unique land.
Most enticingly, there's no cost burden to the buyer for the land improvements carried out by the Owner. This translates to significant savings and less hassle as you make this property your developmental ideas. All that's missing is your vision. Don’t miss this exceptional opportunity to invest and create a wonderful community.
Commission - Buyer to pay 5% Commission to seller.
PROPERTY FACTS
| Price | $1,700,000 | Property Subtype | Residential |
| Sale Type | Investment | Proposed Use | Apartment Units |
| No. Lots | 1 | Total Lot Size | 6.70 AC |
| Property Type | Land | Opportunity Zone |
Yes
|
| Zoning | R3 - See documents | ||
| Price | $1,700,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Apartment Units |
| Total Lot Size | 6.70 AC |
| Opportunity Zone |
Yes |
| Zoning | R3 - See documents |
1 LOT AVAILABLE
Lot
| Price | $1,700,000 | Lot Size | 6.70 AC |
| Price Per AC | $253,731.34 |
| Price | $1,700,000 |
| Price Per AC | $253,731.34 |
| Lot Size | 6.70 AC |
Great development opportunity in Milford, DE! Construction plans have been pre-approved by the City of Milford for immediate construction. The site is approved for 102 units to be designed by the developer.
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608 NE Front St EXT
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