21062 Dover Bridge RdPreston, MD 21655

  • Commercial real estate
  • 1,328 SF
For Sale
$199,000 View listing

Property Details for 21062 Dover Bridge Rd

Year built
1932
Construction
BRICK
Lot size
4.89 AC
Property size (Sq ft)
1,328 SF
Zone code
VC
Property type
Commercial real estate
APN
04-002342
APU
4002342

Description

This exceptional 4.89-acre parcel at 21062 Dover Bridge Road in Preston, Maryland, presents a remarkable investment opportunity. Located on a corner lot of a high-traffic highway, this property boasts a prime location just over five miles from Easton, MD, making it easily accessible to a large customer base. The site previously housed a gas station and convenience store, but the existing building has been removed. All underground storage tanks have been removed in accordance with EPA regulations. The property features an existing well and septic system, significantly streamlining the development process. Village Center zoning allows for a wide range of commercial uses, making this an ideal location for entrepreneurs seeking a high-visibility site. Importantly, much of the permitting process for new construction and business operation is already complete, saving significant time and expense for the future owner. This property sits on the main route connecting Lower Delaware to Easton and the Mid-Shore region, ensuring high visibility and consistent traffic flow. This is a rare opportunity to acquire a ready-to-develop site in a thriving area with minimal permitting hurdles remaining. The almost five acres provide ample space for a variety of commercial ventures.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $327,758
    Hospitality
    $300,224
    Educational
    $249,783
    Medical
    $258,374
    Retail
    $388,552

Location Insight

City
Preston
County
Caroline
State
Maryland
Latitude
38.7514
Longitude
-75.9786

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
$1,417
$129,800
-
$129,800
-
$129,800
-
$129,800

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