28740 Ocean GtwySalisbury, MD 21801

For Sale
$495,000

2.5-acre commercial lot, prime location.

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional 2.5-acre commercial land parcel presents a unique investment opportunity in Salisbury, Maryland. Strategically located on Route 50, this property boasts high visibility and convenient access to major transportation arteries. The asking price is $495,000. A conceptual plan for a retirement community has already been developed for this site, demonstrating its suitability for large-scale projects. However, the property's versatility extends beyond this concept; its prime location makes it ideal for a wide range of commercial uses. The expansive lot size offers ample space for development, allowing for significant flexibility in design and functionality. Situated in Wicomico County, the property's address is 28740 Ocean Gateway, Salisbury, MD 21801 (38.374936, -75.615167). This is a rare chance to acquire a substantial commercial land holding in a thriving Maryland market with excellent potential for future growth and substantial return on investment. The property's location on Route 50 ensures high traffic volume and excellent visibility, making it an attractive proposition for businesses seeking a prominent presence in the Salisbury area. Serious inquiries are encouraged.

Highlights

  • $495,000 asking price.
  • 2.5-acre commercial land parcel.
  • Located on Route 50 in Salisbury, Maryland.
  • Suitable for various commercial uses, including a previously conceptualized retirement community.

Property Details for 28740 Ocean Gtwy

Property type
Other land, Land
Lot Size (sq. ft)
108,900 SF

Location Insight

City
Salisbury
County
Wicomico
State
Maryland
Latitude
38.374936
Longitude
-75.615167
28740 Ocean Gtwy, Salisbury, Maryland

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28740 Ocean Gtwy
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