$ 400,000
BEAGLIN PARK DRIVE | PAD SITES Salisbury, MD 21801
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$ 400,000
Est. payment | /mo
250,000 SqFt
$ 400,000
Est. payment | /mo
250,000 SqFt
Key Details
Property Type Commercial
Sub Type Land for Commercial Use
Listing Status Active
Purchase Type For Sale
Square Footage 250,000 sqft
Price per Sqft $1
MLS Listing ID MDWC112356
HOA Y/N N
Originating Board BRIGHT
Year Built 2021
Tax Year 2020
Lot Size 24.000 Acres
Acres 24.0
Property Description
A mixed-use development opportunity located on Beaglin Park Drive in Salisbury, Maryland. Adjacent to a planned 165+ unit residential community ("Builder 100" Top 5 homebuilder), this to-be-built commercial center is prime for a variety of uses including retail, professional office, medical, multifamily, hospitality, convenience store and/or restaurants. The property is situated less than a quarter mile from Route 50, the highway connecting eastbound traffic to Ocean City, the capital of Maryland tourism. With average daily traffic counts (ADT) of nearly 40,000 cars, Route 50 brings a steady stream of year-round traffic within very close proximity of the subject property. Pad sites are available for sale and/or ground lease with potential for build-to-suit leasing. A minimum of 2-acres or 2,000 SF is required. $400,000K PER ACRE, LEASE RATES NEGOTIABLE. Conceptual site plans have been completed and are available in addition to development consultancy.
Location
State MD
County Wicomico
Area Wicomico Northeast (23-02)
Zoning RES/COMM
Interior
Hot Water Electric
Heating Heat Pump(s)
Cooling Heat Pump(s)
Heat Source Electric
Exterior
Garage Spaces 150.0
Waterfront N
Water Access N
Accessibility Other
Total Parking Spaces 150
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Wicomico County Public Schools
Others
Tax ID NO TAX RECORD
Ownership Fee Simple
SqFt Source Estimated
Special Listing Condition Standard
Listed by John C Davis • NAI Coastal
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John Swartz