2367 Bay Rd

$7,000,000
Price
848,113 / 19.47
Lot Size / Acres

Description

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
...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.
  1. Listed by Keith Walpole • R&R Commercial Realty
    P: (302)-674-3400 keithwalpole@yahoo.com
  2. Listed by Marie Biro • R&R Commercial Realty
    P: (302)-981-5579 cremariede@gmail.com

Property Details for 2367 Bay Road

Tax ID Number
MD-00-15200-01-4500-000
Ownership
Fee Simple
HOA
No
Waterfront
No
Garage
No
Central Air
No
Construction Completed
No
LISTING UPDATED: 12/13/2025 12:04 AM

Property Details for 2367 Bay Road

StatusActive
MLS #DEKT2042938
Days on Market18
Taxes$669 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand / Fee Simple
Year Built-
Lot Size19.47 AC
CountyKent County

Location

Listing Courtesy of R&R Commercial Realty
Add your commute

Building Information for 2367 Bay Road

Lot Size19.47 AC

Payment Calculator

$34,645 per month

30 year fixed, 6.28% Interest

Principal and Interest

$34,590

Property Taxes

$56

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2367 Bay Road

Location
Location
  • In City Limits: No
  • School District Name: MILFORD
  • School District County ID: 300200396885
  • SchoolDistrictSource: Listing Agent
  • County: KENT
  • MLS Area: Milford (30805)
Waterfront / Water Access
Waterfront / Water Access
  • Water View: No
  • Water Access: No
  • Water Oriented: No
  • Navigable Water: No
  • Tidal Water: No
  • Riparian Rights Y/N: No
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2025
  • Tax Assessed Value: $185,400
  • Year Assessed: 2025
  • County Tax: $106
  • Improvement Assessed Value: $0
  • City Town Tax: $0
  • Clean Green Assessed: No
  • Land Use Code: 0
  • Zoning: BG
  • Tax Lot: 4500-000
  • School Tax: $540
  • Automatically Update Tax Values Y/N: Yes
Lot / Land Information
Farm Information
  • Farm Land Preservation Y/N: No
Lot / Land Information
  • Lot Size Source: Assessor
  • Lot Size Dimensions: 1.00 x 0.00
  • Lot Dimensions Source: Assessor
  • Current Use: Vacant
  • Parcel ID: 2449201
  • Additional Parcels: No
Utilities
Utilities
  • Water Source: None
  • Sewer Septic: No Septic System
Confidential Data
Listing Office
  • List Agent AOR: Sussex County Association of REALTORS (DE)

Property History for 2367 Bay Road

DateEvent & SourcePriceAppreciation
Dec 8, 2025

Listed (Active)

BRIGHT #DEKT2042938

$7,000,000
Feb 29, 2016

Closed (Public Record)

Public Record #566313329

$300,000
Feb 29, 2016

Closed (Public Record)

Public Record #566313329

$300,000
Feb 29, 2016

Closed

BRIGHT #1001006516

$300,000
Feb 29, 2016

Closed

BRIGHT #1001006536

$300,000
Feb 3, 2016

Pending

BRIGHT #1001006516

Feb 3, 2016

Pending

BRIGHT #1001006536

May 26, 2015

Listed (Active)

BRIGHT #1001006516

$900,000
May 26, 2015

Listed (Active)

BRIGHT #1001006536

$900,000
DateEvent & SourcePrice
12/08/2025

Listed (Active)

BRIGHT #DEKT2042938

$7,000,000
02/29/2016

Closed (Public Record)

Public Record #566313329

$300,000
02/29/2016

Closed (Public Record)

Public Record #566313329

$300,000
02/29/2016

Closed

BRIGHT #1001006516

$300,000
02/29/2016

Closed

BRIGHT #1001006536

$300,000
02/03/2016

Pending

BRIGHT #1001006516

02/03/2016

Pending

BRIGHT #1001006536

05/26/2015

Listed (Active)

BRIGHT #1001006516

$900,000
05/26/2015

Listed (Active)

BRIGHT #1001006536

$900,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 2367 Bay Road

Taxable ValueLand$185,400Additions-Total$185,400
Tax Record2023$580 ($48 / month)
Home Facts
Beds2Baths1Total Finished SqFt1,064 SqFtAbove Grade Finished SqFt1,064 SqFtStories1Lot Size460,865 SqFtStyleSingle Family ResidenceYear Built1952ZoningBGCountyKENTAPN5-00-152.00-01-45.00-000

Schools near 2367 Bay Road

This home is within Milford School District.
Rating
School
Type
Grades
Distance
Public - 1 to 5
Public - 6 to 8
Public - 9 to 12
Public - PK to 12
Rating
School
Distance
Banneker (Benjamin) Elementary School
Public1 to 5

Milford Central Academy
Public6 to 8

Milford Senior High School
Public9 to 12

Milford ILC
PublicPK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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2367 Bay Road is a 19.47 ac of land for sale in Milford, DE 19963. This property was listed for sale on December 8, 2025 by R&R Commercial Realty, it's currently listed at $7,000,000. It has been on the market for a total of 18 days and was last sold on February 29, 2016. This listing's school district is Milford School District. Nearby schools include Banneker (Benjamin) Elementary School, Milford Central Academy and Milford Senior High School. 2367 Bay Road is a 0-bed, 0-bath, 19.47 ac of land on a 848,113 sq. ft. / 19.47 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of R&R Commercial Realty

Based on information from one of the following Multiple Listing Services: BRIGHT, Greater LeHigh Valley Regional MLS, Greator Scranton Board of REALTORS® and Pocono Mountains Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greater LeHigh Valley Regional MLS, Greator Scranton Board of REALTORS® and Pocono Mountains Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.