Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1935
Sq.Footage
N/A
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.
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Cooling YN
YES
-
Cooling
Central Air, Window Unit(s), Wall Unit(s), Electric
-
Heating YN
YES
-
Heating
Electric, Baseboard, Heat Pump
Exterior
-
Garage
No
-
Construction Materials
Vinyl Siding
-
Parking
Private, Parking Lot
-
Pool
No
-
Waterfront YN
YES
-
View
Water, River
Area & Lot
-
Lot Features
Cleared, Waterfront
-
Lot Size(acres)
1.16
-
Property Type
Commercial Sale
Price
-
Sales Price
$449,900
-
Tax Amount
2295.0
-
Sq. Footage
N/A
-
Price/SqFt
N/A
HOA
-
Association
No
School District
-
Elementary School
PEMBERTON
-
Middle School
SALISBURY
-
High School
JAMES M. BENNETT
Property Features
-
Foundation Details
Block, Slab
-
Sewer
Septic Tank
Schedule a Showing
Showing scheduled successfully.
Mortgage calculator
Estimate your monthly mortgage payment, including the principal and interest, property taxes, and HOA. Adjust the values to generate a more accurate rate.
Your payment
Principal and Interest:
$
Property taxes:
$
HOA fees:
$
Total loan payment:
$
Total interest amount:
$
Location
County
WICOMICO
Elementary School
PEMBERTON
Middle School
SALISBURY
High School
JAMES M. BENNETT
Listing Courtesy of Joshua Mast , HomeSource Pro Real Estate
RealHub Information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. RealHub website owner shall not be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

FOUNDER
MarylandSandbox
Call Maryland today to schedule a private showing.

* Listings on this website come from the FMLS IDX Compilation and may be held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please click here to review our DMCA policy and learn how to submit a takedown request.© 2024 FMLS.
