2744 Augustine Herman Hwy, Chesapeake City, MD 21915

Listing office SVN | Miller Commercial Real Estate Salisbury m***@svn.com Show Phone

Listing date Apr 4, 2024

Source Crexi

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Overview

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.

Suggested Use

Big Box & Wholesale Store Hair Salon Storage Facility Auto Repair Shop Grocery & Convenience Store Cafe & Coffee Shop Computer & Electronic Repair (Bike/Boat/Book/etc) Store Tech Support Center Restaurant

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

Location Insight

• Map
• Local Demand

City

Chesapeake City

County

Cecil

State

Maryland

Longitude

-75.8257512

Latitude

39.5121281

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FAQs

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).