512 Main StHurlock, MD 21643
- Retail properties
- 2,864 SF
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
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
Comparable in this City
Similar Nearby for Sale
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