0 ROUTE 16

  • MILTON, DE 19968

0 ROUTE 16
UNKNOWN
MILTON, DE 19968

MLS Number: 1001570538


$10,000,000

Description

  • 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.

General Details

  • Lot Area: 5,965,542
  • Property Type: Land
  • County: SUSSEX
  • Sub-Division: UNKNOWN
  • Historical District: N
  • Public Maintained Road: City/County,Public
  • Sewer: No Sewer System
  • Acres: 136

Exterior Features

  • Garage(s): N
  • Waterfront: Y
  • Waterview: Y

Interior Features

  • Cooling: N
  • Fireplace: N
  • Water: None

Lot Information

  • SqFt: 5,965,542
  • Dimensions: Irregular

School Information

  • School District: CAPE HENLOPEN

Other Info

  • Listing Courtesy Of: JACK LINGO REHOBOTH
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