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7 Cicada Ln
Milford, DE 19963
1973 BAY RD · Office Property For Sale
INVESTMENT HIGHLIGHTS
- heavy traveled
- easy egress & ingress
EXECUTIVE SUMMARY
Incredible opportunity to acquire a ±4,400 square foot freestanding commercial building located on high-visibility Bay Rd. Zoned BG (Business General), this property offers a wide range of permitted commercial uses, including retail, office, medical, service-based businesses, and more. Ideal for owner-users or investors looking to reposition in a high-traffic corridor.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Office
Building Size
4,618 SF
Building Class
B
Year Built
1976
Price
$949,000
Price Per SF
$205.50
Tenancy
Single
Building Height
1 Story
Typical Floor Size
4,400 SF
Building FAR
0.14
Lot Size
0.75 AC
Zoning
BG - designation allows for a variety of business uses, including retail, office, and some light industrial activities
Parking
13 Spaces (2.82 Spaces per 1,000 SF Leased)
PROPERTY TAXES
| Parcel Number | 5-00-15200-01-6000-000 | Improvements Assessment | $355,100 |
| Land Assessment | $138,600 | Total Assessment | $493,700 |
PROPERTY TAXES
Parcel Number
5-00-15200-01-6000-000
Land Assessment
$138,600
Improvements Assessment
$355,100
Total Assessment
$493,700
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