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    22931 Dover Bridge Rd Preston, MD 21655

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    For Lease
    $5 SF/Yr

    100,000 SF industrial facility with leased and vacant space.

    Property size:
    100,188 SF
    Lot size:
    100,188 SF

    Property Features for 22931 Dover Bridge Rd

    General Information

    Size
    100,188 SF

    Source: John Foster Agent John Foster

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Industrial Facility with Leased Space

    This former Preston Trucking facility, situated on 17.76 acres, features 100,000 square feet of buildings. A 60,000-square-foot portion is currently leased to Crown Cork and Seal, with an additional 40,000 square feet of vacant office and warehouse space available. The property is zoned for light industrial use and includes a significant outdoor storage area. The warehouse portion features dock-high loading and 20-foot ceilings. The property also includes a two-story office building that requires renovation but offers a functional layout. It has a private well and septic system, along with 3-phase electric power. The property is located off Dover Bridge Road, just outside the Town of Preston, and is positioned along an important east/west arterial in the center of Delmarva. It is located 10 miles from Easton and US Route 50, 15 miles from Denton and Maryland Route 404, and 20 miles from Bridgeville and US Route 13. The average daily traffic count is 8900.
    Location Intelligence

    Current Use by Public Records

    Crown Cork & Seal ... Packaging Supply Store

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Nail Salon Gym & Fitness Storage Facility

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

    Location Insight

    • Map
    • Local Demand
    City
    Preston
    County
    Caroline
    State
    Maryland
    Longitude
    -75.914675
    Latitude
    38.7235767

    FAQs

    What type of property is this?
    Warehouse - 100,000 SF industrial facility with leased and vacant space.
    Where is this warehouse located?
    The property is located at 22931 Dover Bridge Rd Preston, MD.
    What is the lease rate?
    The lease rate is $5 SF/Yr.
    What are key features of this property?
    This property features: - 100,000 SF of buildings on 17.76 acres, with 60,000 SF currently leased, providing immediate income; - Significant outdoor storage area; - Convenient location off Dover Bridge Road, central to Delmarva, with easy access to major routes
    (410) 490-6608
    Request Owner's contact information
    22931 Dover Bridge Rd Preston, MD 21655
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    22931 Dover Bridge Rd
    Preston, MD 21655
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    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
    22931 Dover Bridge Rd Preston, MD 21655
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