Waterfront Development Opportunity in
For Sale
$379,900
28646 OLD QUANTICO Rd, Salisbury, MD 21801
1.15 acres with waterfront potential, suitable for residential development.
Property SizeContact for details
Lot Size1.16 Acres
Days on Market166
Property Features for 28646 OLD QUANTICO Rd
General Information
Standard status
Active
Lot size
1.16 Acres
Property subtype
Commercial
Taxes and HOA fees
Annual Taxes
$2,295
Building Details
Year Built
1935
Units
8
Listing Agency:
HomeSource Pro Real Estate
(443) 454-1470
Listed By:
Joshua Mast · License #RB-0031372
(443) 454-1470
Source:
Elliman
Added: Mar 10
Changed: Aug 15
Last Checked: Aug 21 at 10:18AM
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 site currently includes 8 units and is in the final phase of annexation into the city of Salisbury, which will provide access to public water and sewer. The zoning allows for up to 12 units per acre. The property at 28650 features a single-family home, while 28646 contains two multifamily properties. Note that not all units are currently rented or rentable. The location 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 professionally managed.
Key Highlights
- 1.15 acres of land with waterfront potential on a tranquil lake.
- Zoning allows for up to 12 units per acre, suitable for various development projects.
- 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 Rd Salisbury, MD.
What is the asking price?
The asking price for this property is $379,900.
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, suitable for various development projects.; Currently improved with 8 units and professionally managed.
