474 Lums RdNorth East, MD 21901

Property Details for 474 Lums Rd

Property size (Sq ft)

25,000 SF

Property type

Warehouses

Property subtype

Self storage facilities

Description

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.

Location Insight

City

North East

County

Cecil

State

Maryland

Latitude

39.6333

Longitude

-75.9351

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