This expansive 19.47-acre parcel offers an exceptional opportunity for commercial development in a highly accessible location along Bay Rd. Situated just outside the heart of Milford, DE, this property provides ample space for a variety of business ventures. The land is zoned for commercial use, making it ideal for retail, office buildings, industrial facilities, or other development opportunities. Key Features: Size: 19.47 acres of cleared, flat land ready for development Zoning: Commercial use zoning (verify with local authorities for specific permitted uses) Location: High-visibility frontage along Bay Rd with easy access to major highways and surrounding towns Infrastructure: Utilities available at the street; ready for connection Proximity: Close to residential neighborhoods, retail centers, and the growing Milford business district Development Potential: Versatile land perfect for large-scale projects with abundant space for parking, expansion, and more Whether you're looking to expand your business or invest in a high-potential area, this property offers the ideal combination of size, location, and flexibility for a wide range of commercial uses. Don't miss this rare opportunity in one of Delaware's fastest-growing regions.
Lot/land
$7,000,000
2367 Bay Rd, Milford, DE 19963
--beds
--baths
19.47Acres
Unimproved Land
Built in ----
19.47 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 164 days |
- 52 |
- 2 |
Zillow last checked:
Listing updated:
Listed by:
Keith Walpole 302-674-3400,
R&R Commercial Realty 3028564000,
Co-Listing Agent: Marie Biro 302-981-5579,
R&R Commercial Realty
Source: Bright MLS,MLS#: DEKT2042938
Facts & features
Property
Lot
- Size: 19.47 Acres
- Dimensions: 1.00 x 0.00
Details
- Parcel number: MD0015200014500000
- Zoning: BG
- Special conditions: Standard
Utilities & green energy
- Sewer: No Septic System
- Water: None
Community & HOA
HOA
- Has HOA: No
Location
- Region: Milford
Financial & listing details
- Tax assessed value: $185,400
- Annual tax amount: $669
- Date on market: 12/8/2025
- Listing agreement: Exclusive Right To Sell
- Ownership: Fee Simple
Estimated market value
Not available
Estimated sales range
Not available
$1,820/mo
Price history
| Date | Event | Price |
|---|---|---|
| 12/8/2025 | Listed for sale | $7,000,000+2233.3% |
Source: | ||
| 2/29/2016 | Sold | $300,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $669 | $185,400 |
| 2024 | -- | $185,400 +618.6% |
| 2023 | $580 +2.3% | $25,800 |
| 2022 | $567 -14.3% | $25,800 -12.8% |
| 2021 | $661 -0.8% | $29,600 |
| 2020 | $667 -0.5% | $29,600 |
| 2019 | $670 -0.3% | $29,600 |
| 2018 | $672 | $29,600 |
| 2017 | $672 -6.7% | $29,600 |
| 2016 | $720 +36.6% | $29,600 |
| 2015 | $527 +2.6% | $29,600 |
| 2014 | $514 | $29,600 |
| 2012 | -- | $29,600 |
| 2011 | -- | $29,600 |
| 2010 | -- | $29,600 |
| 2009 | -- | $29,600 |
| 2008 | -- | $29,600 |
| 2007 | -- | $29,600 |
| 2005 | -- | $29,600 |
| 2004 | -- | $29,600 |
| 2002 | -- | $29,600 |
| 2001 | -- | $29,600 |
| 2000 | $926 | $29,600 |
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.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 19963
Nearby schools
GreatSchools rating
- 5/10Banneker (Benjamin) Elementary SchoolGrades: 1-5Distance: 3.5 mi
- 3/10Milford Central AcademyGrades: 6-8Distance: 2.9 mi
- 5/10Milford Senior High SchoolGrades: 9-12Distance: 2.9 mi
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.
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- Delaware
- Kent County
- Milford
- 19963
- 2367 Bay Rd


