Waterfront Development Opportunity in
For Sale
$389,900
28646 OLD QUANTICO ROAD, Salisbury, MD 21801
1.15 acres with waterfront potential, suitable for residential development.
Property SizeContact for details
Lot Size1.16 Acres
Days on Market541
Property Features for 28646 OLD QUANTICO ROAD
General Information
Standard status
Active
Lot size
1.16 Acres
Property subtype
Commercial/Industrial
Taxes and HOA fees
Annual Taxes
$2,295
Building Details
Year Built
1935
Listing Agency:
HomeSource Pro Real Estate
(443) 454-1470
Listed By:
Joshua Mast · License #RB-0031372
(443) 454-1470
Source:
Exitrealty
Added: Feb 27, 2025
Changed: Aug 16
Last Checked: Aug 14 at 6:04AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of HomeSource Pro Real Estate
Investment Insights
Based on property information with market context.
This 1.15-acre property, consisting of two parcels (28646 and 28650), presents a development opportunity with waterfront potential. The parcels, comprising 8 units, are in the final phase of annexation into the city of Salisbury, which will provide access to public water and sewer. The zoning allows up to 12 units per acre, offering possibilities for various residential projects. Parcel 28650 includes a single-family home, while parcel 28646 features two multifamily properties. Note that not all units are currently rented or rentable. The property is suitable for a single-family residence with expansive grounds, townhomes, or multifamily buildings. Preliminary concepts for 12 townhomes have been drafted, and additional layouts, plats, and plans are available. The site has direct frontage on a lake, making it suitable for a waterfront community with natural views and outdoor amenities. The property is currently improved with 8 units and is professionally managed, offering potential for capitalizing on Salisbury’s rental market.
Key Highlights
- 1.15 acres of land with waterfront potential on a tranquil lake.
- Zoning allows for up to 12 units per acre, offering development flexibility.
- Currently improved with 8 units and professionally managed.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
250
Businesses Nearby
Explore this area
Business Placement
Demographics for 21801, MD
31,183
Population
12,140
Households
2.6
Avg Household Size
37
Median Age
34%
College-Educated
87%
High-School Grad
40.1 sq mi
ZIP Area
778
Density / Sq Mi
$67,140
Median Household Income
$36,290
Median Earnings
$1,058
Median Rent
$286,800
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Waterfront Land - 1.15 acres with waterfront potential, suitable for residential development.
Where is this waterfront land located?
The property is located at 28646 OLD QUANTICO ROAD Salisbury, MD.
What is the asking price?
The asking price for this property is $389,900.
What are key features of this property?
This property features: 1.15 acres of land with waterfront potential on a tranquil lake.; Zoning allows for up to 12 units per acre, offering development flexibility.; Currently improved with **8 units** and professionally managed.
