Self-Storage Development
For Sale
Contact for pricing
2744 Augustine Herman Hwy, Chesapeake City, MD 21915
Site plan approved storage development opportunity in Chesapeake City, MD.
Property Size59,950 SF
Price / SF$10.83
Days on Market870
Property Features for 2744 Augustine Herman Hwy
General Information
Standard status
Active
Size
59,950 SF
Property subtype
Self Storage
Building Details
Units
503
Listing Agency:
SVN | Miller Commercial Real Estate Salisbury
(410) 543-2440
Listed By:
Meredith Mears · License #MD - 672907
Source:
Crexi
Added: Apr 4, 2024
Changed: Aug 18
Last Checked: Aug 17 at 4:23PM
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 SVN | Miller Commercial Real Estate Salisbury
Investment Insights
Based on property information with market context.
This development project is an investment opportunity in Chesapeake City, MD, situated on Augustine Herman Highway with a traffic count of 10,000 +/- ADT. The property is a self-storage development opportunity to be sold site plan approved, allowing for the construction of a facility with 50,300 Net RSF. The planned facility will feature modern security systems, convenient amenities, and professional on-site management. Storage units will range from climate-controlled spaces to traditional drive-up units. The location offers zero competition in a 3-mile radius and 2.5 SF/person in the 5-mile radius. The property is near the local middle and high school. The Southfields of Elkton, a mixed-use project consisting of residential units including single family homes, apartments for both seniors as well as families and condos spread across 630 acres, is being developed. This project will present retail, commercial, sports/recreational and light industrial uses.
Key Highlights
- Site plan approved for a state‑of‑the‑art self‑storage facility with 50,300 Net RSF.
- Located in an underserved self‑storage market with zero competition in a 3‑mile radius and 2.5 SF/person in a 5‑mile radius.
- Positioned on Augustine Herman Highway with high traffic volume (10,000 +/- ADT).
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
68
Businesses Nearby
Explore this area
Business Placement
Demographics for 21915, MD
2,981
Population
1,439
Households
2.1
Avg Household Size
49
Median Age
22%
College-Educated
91%
High-School Grad
22.8 sq mi
ZIP Area
131
Density / Sq Mi
$97,794
Median Household Income
$59,485
Median Earnings
$858
Median Rent
$353,200
Median Home Value
Market
Vacancy Rate% for Industrial in South region
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Frequently Asked Questions
What type of property is this?
Self storage facility - Site plan approved storage development opportunity in Chesapeake City, MD.
Where is this self storage facility located?
The property is located at 2744 Augustine Herman Hwy Chesapeake City, MD.
What is the asking price?
The asking price for this property is $649,000.
What are key features of this property?
This property features: Site plan approved for a state‑of‑the‑art self‑storage facility with **50,300 Net RSF**.; Located in an underserved self‑storage market with zero competition in a 3‑mile radius and 2.5 SF/person in a 5‑mile radius.; Positioned on Augustine Herman Highway with high traffic volume (10,000 +/- ADT).
