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1301 State St Delmar, MD 21875

Sponsored
For Sale
$4,250,000

14,564 SF Medical Office, Vacant, $4.25M

Property size:
14,564 SF

Description

Added:
Dec 11, 2024
Days on Market:
391
This exceptional 14,564-square-foot medical office building is situated on a 1.74-acre lot in Delmar, Maryland, at the highly visible and heavily trafficked intersection of Route 54 and Route 13. Boasting three convenient access points (Route 13, Route 54, and Woodlawn Avenue), this vacant property offers significant redevelopment potential. The prime location on the Maryland/Delaware border benefits from over 45,000 vehicles passing daily, ensuring excellent visibility and accessibility. National retailers such as McDonald's, Food Lion, Wawa, Verizon, and Advance Auto are nearby, creating a strong retail environment and attracting a substantial customer base. The property's strategic location is further enhanced by its proximity to a dense population; over 4,100 people reside within one mile, with 10,215 within three miles and 24,132 within five miles. Recent population growth within a one-mile radius has been 0.94% over the past five years, projected to increase another 1.11% through 2023, indicating a thriving and expanding community. Numerous new commercial developments are underway in the area, solidifying its appeal and potential for future growth. The asking price is $4,250,000, translating to $305.55 per square foot. This presents a unique opportunity to acquire a high-profile medical office building in a rapidly developing market.

Property Features for 1301 State St

General Information

Property type
Medical offices
Square Feet
14,564 SF
Lot Size
75,794 SF

HighLights

  • High‑traffic retail location with national co‑tenants including McDonald's, Food Lion, Wawa, Verizon, and Advance Auto.
  • Excellent visibility and three access points from Routes 13 & 54, and Woodlawn Avenue.
  • Prime signalized corner location at Routes 54 and 13 (MD/DE border), with over 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

FAQs

What type of property is this?
Medical office - 14,564 SF Medical Office, Vacant, $4.25M
Where is this medical office located?
The property is located at 1301 State St Delmar, MD.
What is the asking price?
The asking price for this property is $4,250,000.
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 access points from Routes 13 & 54, and Woodlawn Avenue.; Prime signalized corner location at Routes 54 and 13 (MD/DE border), with over 45,000 vehicles daily.
More about this property
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