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    1301 State St Delmar, MD 21875

    Sponsored
    For Lease
    $17 SF/Yr

    Prime MD location, 14,564 SF available.

    Lot size:
    14,564 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 14,564-square-foot retail and office property in Delmar, Maryland, presents a unique investment opportunity. Situated on a 1.74-acre lot at the signalized intersection of East State Street (Route 54) and Sussex Highway (Route 13), this property boasts unparalleled visibility with over 45,000 vehicles passing daily. The location benefits from three points of access, offering flexibility for future redevelopment. The building is currently entirely vacant, providing a blank canvas for a variety of uses, including executive office, medical office, pharmacy, or other retail ventures. Its strategic position on the Maryland-Delaware border ensures high traffic volume, further enhanced by the proximity to major national retailers such as Food Lion, Wawa, McDonald's, Verizon, Pet Valu, and AutoZone. The surrounding area demonstrates strong population growth, with 4,101 people within one mile, 10,215 within three miles, and 24,132 within five miles. Recent residential construction and a projected population increase of 1.11% through 2023 underscore the area's continued expansion and potential. The property's multiple access points and substantial size (14,564 square feet) allow for diverse tenant configurations or a single large-scale operation. Numerous new commercial developments in the vicinity further solidify this location as a thriving commercial hub. Three individual spaces ranging from 1,750 to 14,564 square feet are available for lease.

    Property Features for 1301 State St

    General Information

    Property type
    Automotive properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    14,564 SF
    Total Rate
    21239.17

    Unit(s) available at that property

    Space
    Available Space
    Size
    14,564 SF
    Rate per SF
    $17
    Space
    Available Space 3
    Size
    3,500 SF
    Rate per SF
    $17
    Space
    Size
    14,564 SF
    Rate per SF
    $17

    HighLights

    • High‑traffic retail location with national co‑tenants including McDonald's, Food Lion, Wawa, Verizon, and Advance Auto.
    • Excellent visibility and three convenient access points from Route 13, Route 54, and Woodlawn Avenue.
    • High‑traffic intersection of Route 54 and Route 13 (MD/DE border), exceeding 45,000 vehicles daily.
    Property Profile Location Intelligence

    Current Use by Public Records

    Rite Aid Pharmacy Pharmacy Bimal C. Das, ... Pharmacy Satya Nagaraju Addaganti ... Pharmacy Rite Aid Photo Photo Lab Coinhub Bitcoin ATM ... Atm

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Delmar
    County
    Wicomico
    State
    Maryland
    Longitude
    -75.5593747
    Latitude
    38.4551467

    Nearby Comparable

    • $16 SF/Yr
      3,500 SF

      Prime Retail Space Available Now

      Retail space available in Delmar Commons shopping center.
      38711 Sussex Hwy, Delmar, DE 19940
      View Details
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      Prime Retail Space Available

      Retail space available in Delmar Commons shopping center.
      38627 Benro Dr, Delmar, DE 19940
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    • $16 SF/Yr
      172,498 SF

      DELMAR, MD Commercial Lease Opportunity

      Surgery center and medical office building for lease or sale.
      9315 Ocean Hwy, Delmar, MD 21875
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    • $7 SF/Yr
      12,000 SF

      Warehouse with Route 13 Frontage

      Warehouse with office and mezzanine space available for lease.
      9172 Ocean Hwy, Delmar, MD 21875
      View Details
    • $7 SF/Yr
      12,000 SF

      Ocean Highway Warehouse Space

      12,000 SF Warehouse, Delmar, MD
      9156 Ocean Hwy, Delmar, MD 21875
      View Details
    • $2,500 /Mo
      1,500 SF

      Turn-Key Ready Office/Retail Space

      Prime location on Route 13, Delmar, DE. High visibility.
      31010 Thornton Blvd, Delmar, DE
      View Details
    • $18 SF/Yr

      Prime Land Parcel in Delmar

      1.25-acre flat, undeveloped land parcel with city services.
      502/504 Bi State Blvd, Delmar, DE 19956
      View Details
    • $5,000 /Mo

      New Warehouse Space on Acreage

      4,000 sq ft warehouse on 2 acres for lease.
      29729 Foskey Ln, Delmar, MD 21875
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    • $25,000

      Delmar Commercial Highway Pad Site

      0.65 acre commercial land for rent on US Route 13.
      8600 Ocean Hwy, Delmar, MD 21875
      View Details
    • $28 SF/Yr
      44,867 SF

      Restaurant Space on Route 13

      Former restaurant space with high traffic and existing equipment.
      109-B Hampshire Rd, Salisbury, MD 21801
      View Details
    • $17 SF/Yr

      Salisbury Specialty Property For Rent

      Specialty property available for rent in Salisbury, Maryland.
      2640 N Salisbury Blvd, Salisbury, MD 21801
      View Details
    • $17 SF/Yr
      12,986 SF

      Retail Space in Salisbury

      Former Party City building in prime retail location.
      2636 N Salisbury Blvd, Salisbury, MD 21801
      View Details

    Nearby Similar for Lease

    • $16 SF/Yr
      172,498 SF

      DELMAR, MD Commercial Lease Opportunity

      Surgery center and medical office building for lease or sale.
      9315 Ocean Hwy, Delmar, MD 21875
      View Details
    • $7 SF/Yr
      12,000 SF

      Ocean Highway Warehouse Space

      12,000 SF Warehouse, Delmar, MD
      9156 Ocean Hwy, Delmar, MD 21875
      View Details
    • $7 SF/Yr
      12,000 SF

      Warehouse with Route 13 Frontage

      Warehouse with office and mezzanine space available for lease.
      9172 Ocean Hwy, Delmar, MD 21875
      View Details

    FAQs

    What type of property is this?
    Automotive property - Prime MD location, 14,564 SF available.
    Where is this automotive property located?
    The property is located at 1301 State St Delmar, MD.
    What is the lease rate?
    The lease rate is $17 SF/Yr.
    What are key features of this property?
    This property features: High-traffic retail location with national co-tenants including McDonald's, Food Lion, Wawa, Verizon, and Advance Auto.; Excellent visibility and three convenient access points from Route 13, Route 54, and Woodlawn Avenue.; High-traffic intersection of Route 54 and Route 13 (MD/DE border), exceeding 45,000 vehicles daily.
    Request Owner's contact information
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    Delmar, MD 21875
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    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
    1301 State St Delmar, MD 21875
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