Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    22931 Dover Bridge Rd Preston, MD 21655

    Sponsored
    For Sale
    Contact for pricing

    16-Acre Industrial Property, 83,213 SF

    Property size:
    83,213 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 83,213-square-foot industrial property in Preston, Maryland, presents a significant investment opportunity. Situated on a 16-acre lot at 22931 Dover Bridge Rd, zip code 21655, this property comprises three buildings and offers substantial space for various distribution needs. The complex includes a 41,366-square-foot shop that is currently fully leased, providing immediate rental income. Additionally, there's a 10,000-square-foot warehouse. The property also features 41,847 square feet of office space; however, it's important to note that this area has sustained significant water damage and requires attention. The property boasts 16 loading docks, enhancing operational efficiency. A portion of the 16-acre lot is currently under lease, offering potential for future development or expansion. This property is ideally located in Caroline County, Maryland, providing easy access to major transportation routes. The significant square footage, ample loading docks, and substantial land area make this an attractive proposition for businesses seeking a large-scale distribution center in a strategic location. The existing lease agreements offer a stable income stream, while the potential for renovation and lease-up of the damaged office space presents an opportunity to increase profitability. Serious inquiries are encouraged.

    Property Features for 22931 Dover Bridge Rd

    General Information

    Property type
    Distribution properties
    Square Feet
    83,213 SF
    Lot Size
    696,960 SF

    Building Details

    Buildings
    3

    HighLights

    • 83,213 SF industrial distribution property.
    • Three buildings on a 16‑acre lot.
    • Features 16 loading docks.
    • Partially leased with a mix of office, warehouse, and shop space.
    • Significant water damage in a portion of the office space.
    Property Profile Location Intelligence

    Current Use by Public Records

    Crown Cork & Seal ... Packaging Supply Store

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Nail Salon Gym & Fitness Storage Facility

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Preston
    County
    Caroline
    State
    Maryland
    Longitude
    -75.9134597
    Latitude
    38.723236

    Nearby Comparable

    • $92,000
      0.33 Acres

      Land For Sale in PRESTON

      Land available for purchase in PRESTON, Maryland.
      162 Main St, Preston, MD 21655
      View Details
    • $320,000

      Specialty Property for Sale

      Specialty property available for sale.
      212 Main St, Preston, MD 21655
      View Details
    • $299,900

      Choptank Road Specialty Property

      Specialty property available for sale on Choptank Road.
      3622 Choptank Rd, Preston, MD 21655
      View Details
    • $399,000

      Langrell Road Specialty Property

      Specialty property for sale on Langrell Road, Preston, MD.
      4305 Langrell Rd, Preston, MD 21655
      View Details
    • New
      $510,000
      63.16 Acres

      Woodland Tract Near Preston, Maryland

      63-acre woodland parcel ideal for residential or recreational use.
      Dover Bridge Rd, Preston, MD 21655
      View Details
    • $549,000

      Harmony Woods Drive Land Opportunity

      Land available on Harmony Woods Drive, Preston, MD.
      5585 Harmony Woods Dr, Preston, MD 21655
      View Details
    • $235,000

      Land for Sale

      Land available for sale.
      7009 Beulah Rd, Hurlock, MD 21643
      View Details
    • $749,000

      Land for Agricultural Use

      Land suitable for farms, ranches, and agricultural purposes.
      21682 Dover Bridge Rd, Preston, MD 21655
      View Details
    • $199,000
      4.89 Acres

      Prime Preston Mixed-Use Land

      Almost 5 acres, high-traffic location. Permitting nearly complete.
      21062 Dover Bridge Rd, Preston, MD 21655
      View Details
    • $525,000

      Land For Sale

      Land available for sale.
      Dover Bridge Rd, Preston, MD 21655
      View Details

    Nearby Similar for Sale

    • $749,000

      Land for Agricultural Use

      Land suitable for farms, ranches, and agricultural purposes.
      21682 Dover Bridge Rd, Preston, MD 21655
      View Details
    • $549,000

      Harmony Woods Drive Land Opportunity

      Land available on Harmony Woods Drive, Preston, MD.
      5585 Harmony Woods Dr, Preston, MD 21655
      View Details
    • $399,000

      Langrell Road Specialty Property

      Specialty property for sale on Langrell Road, Preston, MD.
      4305 Langrell Rd, Preston, MD 21655
      View Details
    • $299,900

      Choptank Road Specialty Property

      Specialty property available for sale on Choptank Road.
      3622 Choptank Rd, Preston, MD 21655
      View Details
    • $320,000

      Specialty Property for Sale

      Specialty property available for sale.
      212 Main St, Preston, MD 21655
      View Details
    • $199,000
      4.89 Acres

      Prime Preston Mixed-Use Land

      Almost 5 acres, high-traffic location. Permitting nearly complete.
      21062 Dover Bridge Rd, Preston, MD 21655
      View Details

    FAQs

    What type of property is this?
    Distribution property - 16-Acre Industrial Property, 83,213 SF
    Where is this distribution property located?
    The property is located at 22931 Dover Bridge Rd Preston, MD.
    What are key features of this property?
    This property features: 83,213 SF industrial distribution property.; Three buildings on a 16-acre lot.; Features 16 loading docks.
    Request Owner's contact information
    22931 Dover Bridge Rd Preston, MD 21655
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    22931 Dover Bridge Rd
    Preston, MD 21655
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    22931 Dover Bridge Rd Preston, MD 21655
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.