512 Main StHurlock, MD 21643

  • Retail properties
  • 2,864 SF
For Sale
$375,000 View listing

Property Details for 512 Main St

Year built
1955
Construction
FRAME
Lot size
1.98 AC
Property size (Sq ft)
2,864 SF
Property type
Retail properties
Property subtype
Retail space
APN
15-005343
APU
15005343

Description

This exceptional industrial property, located at 512 Main Street South in Hurlock, Maryland, presents a significant opportunity for businesses seeking a strategic location and ample space. The warehouse boasts approximately 22,269 square feet of usable area, providing ample room for storage, manufacturing, or distribution operations. Situated on a 1.98-acre lot, the property offers generous outdoor space for loading, unloading, and potential expansion. Its prime location on Main Street places it in the heart of Hurlock, within Dorchester County, offering easy access to key regional business centers. The convenient proximity to Cambridge, Easton, and Salisbury ensures efficient transportation and logistical connections. This property is priced at $375,000 and represents a compelling investment for companies seeking a well-situated, substantial warehouse facility in a thriving area. The building's size and location make it suitable for a wide variety of industrial uses, offering significant potential for growth and profitability. Serious inquiries are encouraged to explore this exceptional opportunity further.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $907,790
    6.5%
    $837,960
    7%
    $778,106
  • Comparable approach

    Method
    Valuation
    Relative Method
    $454,039
    Geo Method
    $454,039
  • Alternative Use

    Use
    Valuation
    Residential
    $706,851
    Hospitality
    $647,472
    Educational
    $538,689
    Medical
    $557,215
    Retail
    $837,960
512 Main St, Hurlock, Maryland

Location Insight

City
Hurlock
County
Dorchester
State
Maryland
Latitude
38.6243
Longitude
-75.8615
CBSA code
15700
CBSA name
CAMBRIDGE, MD MICROPOLITAN STATISTICAL AREA

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
$6,272
$59,400
$291,500
$350,900
-
$59,400
$291,500
$350,900

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