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    306 Lake Dr Queenstown, MD 21658

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    For Lease
    $1,500 /Mo

    Nursery with renovated greenhouse, shade houses, and cold frames.

    Lot size:
    22.65 Acres

    Property Features for 306 Lake Dr

    General Information

    Lot size
    22.65 Acres

    Building Details

    Year built
    1953

    Source: Eastern Shore Real Estate, LLC Agent David A Kaufmann

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

    Overview

    Established Nursery on Route 50

    This property, formerly the Wye Nursery established in 1953, is available for rent and suitable for starting a nursery business. The property includes a renovated greenhouse, shade houses, and cold frames ready for immediate occupancy. It is located on Route 50 East, with accessibility from Route 50 West, and experiences high traffic volume, with 77,000 vehicles per day during peak season. There is potential for business with three flower shops ready to commit to purchasing $30,000 worth of flowers and plants annually.
    Insight Report 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.

    Similar Places Nearby

    Cole Ventures Inc

    Location Insight

    • Map
    • Local Demand
    City
    Queenstown
    County
    Queen Anne's
    State
    Maryland
    Longitude
    -76.0661811
    Latitude
    38.947334

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    FAQs

    What type of property is this?
    Nursery and garden center - Nursery with renovated greenhouse, shade houses, and cold frames.
    Where is this nursery and garden center located?
    The property is located at 306 Lake Dr Queenstown, MD.
    What are key features of this property?
    This property features: - Established Nursery Business Opportunity (formerly Wye Nursery, est. 1953).; - Existing Purchase Commitments: $30,000 annual flower/plant orders from three flower shops.; - Renovated Infrastructure: Greenhouse, shade houses, and cold frames are ready for immediate use.
    (443) 223-3026
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    Queenstown, MD 21658
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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
    306 Lake Dr Queenstown, MD 21658
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