1700 Ocean GtwyTrappe, MD 21673

  • Industrial properties
  • 8,664 SF
For Sale
$950,000 View listing

Property Details for 1700 Ocean Gtwy

Year built
1987
Construction
BRICK
Lot size
8.66 AC
Property size (Sq ft)
8,664 SF
Zone code
A1
Property type
Industrial properties
Property subtype
Loft space
APN
03-117561
APU
3117561

Description

This exceptional 10.5-acre commercial property presents a unique investment opportunity in Trappe, Maryland. Strategically located on Ocean Gateway, just north of the Choptank River Bridge, this site boasts unparalleled visibility and accessibility. The expansive 475,000 square foot parcel offers significant development potential, ideal for a variety of commercial ventures. Its prime waterfront location provides stunning views and adds considerable value. Currently, the property awaits final approval and funding for a private sewage treatment plant from the state of Maryland and Talbot County. This crucial infrastructure element will significantly enhance the site's development potential and unlock its full commercial viability. The property's size and location make it an attractive prospect for businesses seeking a high-profile presence in a rapidly growing area. The completion of the sewage treatment plant will remove a key hurdle for future development, making this a compelling investment for those with a long-term vision. Serious inquiries are encouraged to explore the possibilities this exceptional property offers. The asking price is $950,000. Don't miss this chance to acquire a significant piece of prime commercial real estate in a desirable Maryland location.

1700 Ocean Gtwy, Trappe, Maryland

Location Insight

City
Trappe
County
Talbot
State
Maryland
Latitude
38.5987
Longitude
-76.0442
CBSA code
20660
CBSA name
EASTON, 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
$13,491
$406,500
$1,170,600
$1,577,100
-
$406,500
$1,170,600
$1,577,100

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