Billboard Route 1
Milford, DE 19963

Last Updated: 1/14/21 04:04 AM | Courtesy Of: JAMIE MASTEN - MASTEN REALTY LLC
  • Square Footage 800
  • Date Listed 1/13/21
  • Price Per Sqft $622
  • Days On Market 7

Great income producing billboard at the highly desirable intersection of Route 1 & Route 113 in Milford. Long term lease to Clear Channel Outdoor, currently in the 6th year of a 10 year lease, and tenant has been a 30+ year tenant. Ownership transfer will be a perpetual easement. Price is based on 7% return for the projected 2022 income. Buyer must cooperate with Seller's 1031 exchange.

MLS#
DEKT245718
Property Type
Other
County
KENT

Data provided below are primarily sourced from Public Records data.

Data provided below are primarily sourced from Public Records data.

Nearby Recent Sales (Sourced from Public Records)
Street Address City Beds Baths Sold Price Sold Date
1 N E Front St Milford n/a 12/29/2020
2 Beach Plum Drive Milford n/a 11/20/2020
3 Lot 39 Clam Shell Milton n/a 11/3/2020
4 N Church Milford n/a 10/6/2020
5 Lot New Wharf Rd. Milford n/a 10/30/2020
6 S Bowers Milford n/a 9/30/2020
7 Lot Slaughter Beach Rd. Milford n/a 8/17/2020
8 Lot 3 Sharps Milford n/a 8/20/2020
9 Lot 533 Passwaters Drive Milford n/a 6/15/2020
10 107 & 111 Ne Front Milford n/a 5/29/2020
Price History
Date Event Price Source
1/13/2021 Active $498,175  USD  MLS info
Tax History (Sourced from Public Records)
year Property Taxes Change Tax Assessment Change
2015 $436   USD - $37,900   USD -
Milford, DE Population & Environmental Statistics
Zip
City
County
National
20,476
10,495
177,780
328,288,910
192
1,080
303
93
2.5
2.5
2.6
2.6
42.1
39.2
37.7
38.6
$55,326
$51,383
$55,917
$57,525
$26,627
$25,344
$26,214
$30,709
92
88
97
100
Environment
Zip
City
County
National
24.4
24.4
26.9
22.6
86.7
86.7
87.4
86.1
45.37
45.37
46.28
38
Source: Sperling's Best Places
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Thomas O'Leary, License RB-0020870, corp@realty.com, 877-673-2589, L. Custen Realty, Inc. d/b/a Realty.com, Firm License , 8323 Southwest Freeway, Suite 900 Houston, TX 77074
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