Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    306 Lake Dr Queenstown, MD 21658

    Sponsored
    For Sale
    Contact for pricing

    Established Nursery Business Opportunity, High Traffic Area

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    337
    This exceptional retail property, situated at 306 Lake Drive in Queenstown, Maryland, presents a unique investment opportunity. Spanning 22.65 acres, the property boasts a renovated greenhouse, shade houses, and cold frames, all ready for immediate occupancy. This established location, formerly known as Wye Nursery, has a rich history dating back to 1953. Its strategic position on Route 50 East, with convenient access from Route 50 West, ensures high visibility and significant traffic exposure. The property benefits from an average daily traffic count of 77,000 vehicles during peak season, providing unparalleled potential for a thriving business. The existing infrastructure is ideal for a nursery or similar retail operation. Three flower shops have already committed to purchasing $30,000 worth of flowers and plants annually, providing a strong foundation for immediate revenue generation. This turnkey operation offers a rare chance to acquire a well-established business with significant growth potential in a high-demand location. The property's size and established infrastructure make it an attractive proposition for entrepreneurs seeking a ready-to-go business venture. The high traffic volume ensures maximum exposure and accessibility for customers. This is a truly exceptional opportunity to establish or expand a successful retail business in a prime location. The asking price is to be determined.

    Property Features for 306 Lake Dr

    General Information

    Property type
    Retail properties
    Lot Size
    986,634 SF

    Building Details

    Year Built
    1953
    Property Profile Location Intelligence

    Current Use by Public Records

    Delmarva Carry Academy Firearms Academy

    Suggested Use

    Realty agency Hair Salon Wholesale Shop Building Supply Auto Repair Shop HVAC Service Bar & Pub Garden Center Storage Facility Convenience Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Queenstown
    County
    Queen Anne's
    State
    Maryland
    Longitude
    -76.06586
    Latitude
    38.94566

    Nearby Similar for Sale

    • Contact for pricing

      Retail/Medical Space Near Route 50

      Retail and medical office spaces available in Queenstown, Maryland.
      1 Nesbit Rd, Queenstown, MD 21658
      View Details
    • $1,500,000

      Bennett Point Road Land Opportunity

      Land for sale on Bennett Point Road, Queenstown, MD
      2006 Bennett Point Rd, Queenstown, MD 21658
      View Details
    • $3,395,000

      Bennett Point Road Land Opportunity

      Land available on Bennett Point Road in Queenstown, Maryland.
      3027 Bennett Point Rd, Queenstown, MD 21658
      View Details
    • $1,040,000

      Queenstown Specialty Property Available

      Specialty property for sale in Queenstown, Maryland.
      315 Nottingham Ln, Queenstown, MD 21658
      View Details
    • $1,950,000

      Queenstown Specialty Property For Sale

      Specialty property available in Queenstown, Maryland.
      133 Kilby Pt, Queenstown, MD 21658
      View Details
    • $799,000

      Queenstown Specialty Property For Sale

      Specialty property available in Queenstown, Maryland.
      618 Pigpen Point Rd, Queenstown, MD 21658
      View Details
    • $3,250,000

      Industrial Property in Queenstown, MD

      Industrial property available for sale in Queenstown, Maryland.
      1350 Bloomingdale Rd, Queenstown, MD 21658
      View Details
    • $675,000

      Queenstown Specialty Property for Sale

      Specialty property available in Queenstown, Maryland.
      518 Bryce Rd, Queenstown, MD 21658
      View Details
    • $450,000
      4,674 SF

      Queenstown Industrial Property - 2 Acres

      Spacious industrial property, two pole buildings, 4,674 sqft.
      6630 Friels Rd, Queenstown, MD 21658
      View Details
    • $585,000
      2,236 SF

      Queenstown Office Building - Prime Location

      Versatile Office/Retail Space, High Visibility
      121 Clay Dr, Queenstown, MD 21658
      View Details
    • $3,250,000
      55,052 SF

      Queenstown Industrial Site: 55,000 SF

      Prime industrial property, 38 acres, high-traffic location.
      1350 Bloomingdale Rd, Queenstown, MD 21658
      View Details
    • $199,900
      1.11 Acres

      Queenstown Commercial Land - Hwy 301

      Prime 1.11-acre commercial lot. High visibility, great location.
      301 Rte, Queenstown, MD 21658
      View Details

    FAQs

    What type of property is this?
    Retail property - Established Nursery Business Opportunity, High Traffic Area
    Where is this retail property located?
    The property is located at 306 Lake Dr Queenstown, MD.
    (410) 228-2900
    Request Owner's contact information
    306 Lake Dr Queenstown, MD 21658
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    306 Lake Dr
    Queenstown, MD 21658
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    306 Lake Dr Queenstown, MD 21658
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.