320 Bloomingdale AveFederalsburg, MD 21632

  • Commercial land
  • 1,370 SF
For Sale
$420,000 View listing

Property Details for 320 Bloomingdale Ave

Year built
1957
Lot size
0.30 AC
Property size (Sq ft)
1,370 SF
Zone code
C-1
Property type
Commercial land
APN
05-026172
APU
5026172

Description

This exceptional 5.3-acre commercial land parcel, located at 320 Bloomingdale Avenue in Federalsburg, Maryland, presents a unique investment opportunity. The property consists of three contiguous parcels (APN: 0605026172, 0605019826, 0605013372) totaling approximately 5.3 acres and is zoned C-1. Offering 230 feet of road frontage and approximately 769 feet of depth, this site boasts significant development potential. Public water and sewer lines are readily available. The property is situated within an Opportunity Zone, offering potential tax advantages. The annual property tax for all three parcels is approximately $7,070. The seller is open to building to suit, leasing options, and financing opportunities for qualified buyers with approved credit and plans. This is a fee simple ownership. Don't miss this chance to acquire a substantial commercial property in a desirable location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $338,124
    Hospitality
    $309,719
    Educational
    $257,683
    Medical
    $266,545
    Retail
    $400,840

Location Insight

City
Federalsburg
County
Caroline
State
Maryland
Latitude
38.6965
Longitude
-75.7856

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
$530
$28,000
-
$28,000
-
$28,000
-
$28,000

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