3338 Bay Rd

Milford, DE 19963

$2,750,000
Price
141,134 / 3.24
Lot Size / Acres
New
New

Description

Prime Commercial Development Opportunity! Highly visible, high-traffic 3.24-acre commercial parcel located on Bay Rd in Milford’s primary business corridor, offering excellent exposure and accessibility. Zoned BG (General Business District), allowing a wide range of commercial and service uses including retail, office, medical, restaurant, and service-oriented businesses, subject to city approvals. Property may be subdivided, offering flexibility for multiple commercial pads, phased development,...Prime Commercial Development Opportunity! Highly visible, high-traffic 3.24-acre commercial parcel located on Bay Rd in Milford’s primary business corridor, offering excellent exposure and accessibility. Zoned BG (General Business District), allowing a wide range of commercial and service uses including retail, office, medical, restaurant, and service-oriented businesses, subject to city approvals. Property may be subdivided, offering flexibility for multiple commercial pads, phased development, or individual end-user sites (subject to municipal approval). Electric , water and sewer stubbed out. Strategic Location
• Strong frontage on Bay Rd, one of Milford’s most active commercial corridors
• Surrounded by established businesses and growing residential areas
• Convenient access to major routes and local amenities

Development Potential
• Suitable for single-user or multi-tenant commercial development
• Flat, usable acreage with room for buildings, parking, and circulation
• Utilities believed to be available nearby (buyer to verify)

Retail or pad-site development, medical or professional offices, service businesses, restaurants, or investor/developer subdivision opportunity.
  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 3338 Bay Road

Tax ID Number
MD-00-15200-01-2200-000
Ownership
Fee Simple
HOA
No
Waterfront
No
Garage
No
Central Air
No
Construction Completed
No
LISTING UPDATED: 01/23/2026 10:31 AM

Property Details for 3338 Bay Road

StatusActive
MLS #DEKT2043904
Days on Market2
Taxes$1,452 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand / Fee Simple
Year Built-
Lot Size3.24 AC
CountyKent County

Location

Listing Courtesy of R&R Commercial Realty
Add your commute

Building Information for 3338 Bay Road

Lot Size3.24 AC

Payment Calculator

$13,524 per month

30 year fixed, 6.15% Interest

Principal and Interest

$13,403

Property Taxes

$121

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 3338 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: $402,300
  • Year Assessed: 2025
  • County Tax: $230
  • Improvement Assessed Value: $189,300
  • City Town Tax: $0
  • Clean Green Assessed: No
  • Land Use Code: 0
  • Zoning: BG
  • Tax Lot: 2200-000
  • School Tax: $1,173
  • Automatically Update Tax Values Y/N: Yes
Building Info
Lot / Land Information
Farm Information
  • Farm Land Preservation Y/N: No
Lot / Land Information
  • Lot Size Source: Estimated
  • Lot Size Dimensions: 1.00 x 0.00
  • Lot Dimensions Source: Assessor
  • Current Use: Vacant
  • Parcel ID: 2449146
  • 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 3338 Bay Road

DateEvent & SourcePriceAppreciation
Jan 22, 2026

Listed (Active)

BRIGHT #DEKT2043904

$2,750,000—
DateEvent & SourcePrice
01/22/2026

Listed (Active)

BRIGHT #DEKT2043904

$2,750,000

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

Public Records for 3338 Bay Road

Taxable ValueLand$213,000Additions$189,300Total$402,300
Tax Record2023$852 ($71 / month)
Home Facts
Beds3Baths1.5Total Finished SqFt1,792 SqFtAbove Grade Finished SqFt1,792 SqFtStories2Lot Size1,089,000 SqFtStyleSingle Family ResidenceYear Built1942ZoningBG&ACCountyKENTAPN5-00-152.00-01-22.00-000

Schools near 3338 Bay Road

This home is within Milford School District.
Rating
School
Type
Grades
Distance
Banneker (Benjamin) Elementary School
Public - 1 to 5
Milford Central Academy
Public - 6 to 8
Milford Senior High School
Public - 9 to 12
Milford ILC
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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More information about 3338 Bay Road, Milford, DE 19963

3338 Bay Road is a 3.24 ac of land for sale in Milford, DE 19963. This property was listed for sale on January 22, 2026 by R&R Commercial Realty, it's currently listed at $2,750,000. This listing's school district is Milford School District. Nearby schools include Banneker (Benjamin) Elementary School, Milford Central Academy and Milford Senior High School. 3338 Bay Road is a 0-bed, 0-bath, 3.24 ac of land on a 141,134 sq. ft. / 3.24 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.