75 Engerman AveDenton, MD 21629

  • Commercial land
  • 5.54 AC
For Sale
$536,300 View listing

Property Details for 75 Engerman Ave

Lot size
5.54 AC
Zone code
LI
Property type
Commercial land
APN
03-031446
APU
3031446

Description

This exceptional 5.54-acre industrial site, located in Denton, Maryland's Industrial Park at 75 Engerman Ave, zip code 21629, presents a prime development opportunity. Fully entitled and shovel-ready, this property is approved for a 60,000 square foot industrial building, with the potential to expand by an additional 12,000 square feet. The site boasts a 28-foot ceiling height and features four 14x14 drive-in doors. All utilities are conveniently located at the curb. Strategically situated in the heart of the Delmarva Peninsula, this location offers unparalleled access to major transportation arteries. US Route 404 provides a key East-West connection, while proximity to US 301, US Route 50, and US Route 13 ensures seamless connectivity throughout Delaware and beyond. The Bay Bridge is a mere 20 minutes away, providing easy access to the Western Shore. The Lower Shore, including Sussex County, Delaware, and the Salisbury, Maryland area, are also within convenient reach. This is an exceptional opportunity to acquire a fully entitled, ready-to-build industrial site in a high-demand location. Asking price is $536,300.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $101,333,000
    Retail / Commercial
    $53,106,100
    Mixed-Use / Specialty
    $53,817,600
    Hospitality / Lodging
    $40,657,100
    Office
    $54,436,200
    Institutional / Educational
    $56,270,600
    Residential Income
    $65,836,600
    Multifamily
    $73,966,800
    Automotive / Energy
    $48,232,000
    Parking / Income-Based Land
    $15,754,200
    Restaurant / Food Service
    $29,913,500
    Healthcare / Senior Housing
    $54,265,200

Location Insight

City
Denton
County
Caroline
State
Maryland
Latitude
38.8706
Longitude
-75.8175

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$2,757
-
-
$157,367
-
$167,500
-
$167,500

FAQs

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