For Lease
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Property summary
This exceptional 5.54-acre industrial site, located in Denton, Maryland's Industrial Park at 75 Engerman Ave, zip code 21629, presents a prime development opportunity. Fully entitled and shovel-ready, this property is approved for a 60,000 square foot industrial building, with the potential to expand by an additional 12,000 square feet. The site boasts a 28-foot ceiling height and features four 14x14 drive-in doors. All utilities are conveniently located at the curb. Strategically situated in the heart of the Delmarva Peninsula, this location offers unparalleled access to major transportation arteries. US Route 404 provides a key East-West connection, while proximity to US 301, US Route 50, and US Route 13 ensures seamless connectivity throughout Delaware and beyond. The Bay Bridge is a mere 20 minutes away, providing easy access to the Western Shore. The Lower Shore, including Sussex County, Delaware, and the Salisbury, Maryland area, are also within convenient reach. This is an exceptional opportunity to acquire a fully entitled, ready-to-build industrial site in a high-demand location. Asking price is $536,300.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
LI · Denton, MDZoning
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Zoning designation
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