0 Route 16 Milton, Delaware 19968

$10,000,000


MLS#: 727849
Town: Milton

Prime Development Opportunity! Over 136 +/- Acres Adjacent To The Town Limits Of Milton And Located Within A Short Drive To Coastal Hwy (rt. 1), Delaware Bay, Atlantic Ocean, Cape May Lewes Ferry, Tanger Outlets And All Of The Attractions Of Lewes & Rehoboth Beach. 127 +/- Acres Zoned High-density Residential (hr-1) And 10 +/- Acres Zoned Commercial (c-1)(red Shaded Portion Of Photo). Existing Zoning Allows Commercial Use, Single Family And Multi-family Use (500+ Units). This Property Could Be Ideal For A Mixed Use Concept To Include Commercial, Residential And Apartment Housing. Delaware's Rapidly Growing Cape Region Is A Very Popular Year Round Vacation Destination And Increasingly Popular For Many Retirees Relocating To The Area.

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Interior Features

Additional Details

Listing Firm: Jack Lingo Rehoboth
Lot Size/Acres: 136.95
Lot Dimensions: Irregular
Section: Between Rt. 1 & 113
School District: Cape Henlopen

Exterior Features