28646 OLD QUANTICO RD new to site Save Request In-Person Tour Request Virtual Tour
Salisbury,MD 21801
Key Details
Property Type Commercial
Sub Type Five Or More Units
Listing Status Active
Purchase Type For Sale
Square Footage 3,568 sqft
Price per Sqft $126
MLS Listing ID MDWC2016882
Originating Board BRIGHT
Year Built 1935
Annual Tax Amount $2,295
Tax Year 2024
Lot Size 1.160 Acres
Acres 1.16
Lot Dimensions 0.00 x 0.00
Property Sub-Type Five Or More Units
Property Description
Prime Development Opportunity! Currently set up as 8 units, These two parcels (28646 and 28650), totaling 1.15 acres, are in the final stages of annexation into the city of Salisbury. Once finalized, they will offer access to public water and sewer and will be zoned for up to 12 units per acre. Preliminary plans have been designed for 12 townhomes, or take advantage of the booming rental market with multifamily condo buildings. With direct frontage on a scenic lake, this property presents the perfect opportunity to create a premium waterfront community. Don't miss this exceptional investment potential!
Conceptual layouts, plans, plats, etc are available upon request. Currently rented and professionally managed. Showings are NOT available without letter of intent, proof of funds, etc.
Location
State MD
County Wicomico
Area Wicomico Northwest (23-01)
Zoning R-8
Interior
Hot Water Electric
Heating Baseboard - Electric,Heat Pump(s)
Cooling Central A/C,Wall Unit,Window Unit(s)
Flooring Laminated
Heat Source Electric
Exterior
Garage Spaces 30.0
Utilities Available Cable TV Available,Electric Available,Phone Available
Water Access Y
View River
Roof Type Architectural Shingle
Street Surface Paved
Accessibility None
Road Frontage State,Public
Total Parking Spaces 30
Garage N
Building
Lot Description Backs - Open Common Area,Cleared,Pond
Foundation Block,Slab,Crawl Space
Sewer On Site Septic
Water Private/Community Water,Well
New Construction N
Schools
Elementary Schools Pemberton
Middle Schools Salisbury
High Schools James M. Bennett
School District Wicomico County Public Schools
Others
Tax ID 2309007253
Ownership Fee Simple
SqFt Source Estimated
Special Listing Condition Standard