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Mike Oatley

[email protected] +1(703) 785-8051

Listed by Joshua Mast • HomeSource Pro Real Estate

$ 424,900

Est. payment -/mo

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Price Dropped by $25K

28646 OLD QUANTICO RD Salisbury, MD 21801

1.16 Acres Lot

UPDATED:

Key Details

Property Type Commercial

Sub Type Five Or More Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID MDWC2016882

Year Built 1935

Available Date 2025-02-28

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

Source BRIGHT

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

Special Listing Condition Standard

Nearby Locations

SCHOOLSPROPERTIES

Elementary Schools 11

7

North Salisbury Elementary School

Public | 3 - 5
4

Fruitland Intermediate School

Public | 3 - 5
4

Pemberton Elementary School

Public | PK - 5
4

Pinehurst Elementary School

Public | PK - 5
4

Prince Street School

Public | PK - 5
4

East Salisbury Elementary School

Public | 3 - 5
0

Stepping Stones Learning Academy

Private | PK - 12
0

West Salisbury Elementary School

Public | PK - 2
0

Asbury Child Development Center

Private | PK - KG
0

St Francis de Sales Catholic School

Private | PK - 8
0

Charles H. Chipman Elementary School

Public | PK - 2

Middle Schools 3

6

Bennett Middle School

Public | 6 - 8
5

Salisbury Middle School

Public | 6 - 8
5

Wicomico Middle School

Public | 6 - 8

High Schools 3

5

James M. Bennett High School

Public | 9 - 12
4

Wicomico High School

Public | 9 - 12
0

Wicomico County Evening High School

Public | 9 - 12

School and business data provided by Attom Data.

Mike Oatley

Agent | License ID: VA:0225256406 MD:5012833

+1(703) 785-8051

Mike Oatley

28646 OLD QUANTICO RD Salisbury, MD 21801

Key Details

Location

Interior

Exterior

Building

Schools

Others

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28646 OLD QUANTICO RD