For Sale
$450,000

474 Lums Rd North East, MD 21901

I-95 Corridor Warehouse Opportunity: 25,000-38,000 SF

Overview

Added:
Dec 11, 2024
Days on market:
138
This exceptional 4-acre commercial property in Cecil County, Maryland, presents a rare ground-up development opportunity. Located on Lums Road, just half a mile from Interstate 95 and three miles north of North East, MD, this site boasts a highly desirable location within the rapidly growing I-95 corridor. The property offers flexible development plans, accommodating warehouse space ranging from 18,000 to 25,000 square feet, even without the proposed larger warehouse structure. Significant progress has already been made on the approval process, with the major site plan approval ready for submission, ensuring a swift development timeline. This commercially zoned parcel is uniquely positioned as the only one of its kind in the immediate area, creating a high barrier to entry for competitors. Its strategic corner location on a well-traveled cut-through route, bypassing Route 272, guarantees high traffic visibility. The property benefits from its proximity to major distribution centers and the economic boom experienced in the region, situated between Philadelphia and Baltimore, promising continued growth and strong returns. The asking price for this prime development opportunity is $450,000. This is a truly exceptional investment prospect in a thriving market.

Highlights

  • $450,000 asking price for this industrial property.
  • 25,000 - 38,000 square foot warehouse opportunity in North East, MD.
  • Ground-up development opportunity with flexible plans for 18,000-25,000 SF storage or larger warehouse.
  • Located on a 4-acre corner lot, half-mile from I-95, offering excellent access to major transportation routes between Philadelphia and Baltimore.
  • High barrier to entry due to being the only commercially zoned parcel in the immediate area, situated on a high-traffic cut-through road.

Property Details for 474 Lums Rd

Property type
Warehouses, Self storage facilities
Square Feet
25,000 SF

Location Insight

City
North East
County
Cecil
State
Maryland
Latitude
39.63331
Longitude
-75.935109

FAQs

What type of property is this?
Warehouse - I-95 Corridor Warehouse Opportunity: 25,000-38,000 SF
Where is the warehouse located?
The property is located at 474 Lums Rd North East, MD.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: $450,000 asking price for this industrial property.; 25,000 - 38,000 square foot warehouse opportunity in North East, MD.; Ground-up development opportunity with flexible plans for 18,000-25,000 SF storage or larger warehouse.
How can I contact the broker?
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474 Lums Rd
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