Current Use by Public Records
- Land
Property Details for 0 Market St
- Property type
- Land
Description
This exceptional investment opportunity presents a prime parcel of land in Pocomoke City, Maryland, zoned for a proposed 64-unit multifamily mid-rise development. The property, located on Market Street, zip code 21851, in Worcester County, offers immediate access to major roadways, including Routes 13 and 113, providing convenient access to the surrounding area. Preliminary plans are complete, showcasing a thoughtfully designed project with multiple floor plan options to cater to a diverse range of residents. The development is envisioned to incorporate modern amenities, creating comfortable and desirable living spaces. The strategic location and proximity to city amenities and infrastructure make this a compelling investment prospect in a rapidly growing market. The asking price for this land is $1,920,000. This represents a competitively priced opportunity to capitalize on the strong demand for multifamily housing in this area. The property's potential for significant returns makes it an ideal investment for those seeking a high-yield, low-risk venture. Detailed plans are available upon request. Don't miss this chance to acquire a prime development site in a thriving Maryland community.
Value Estimations
-
AI approach
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Pocomoke City
- County
- Worcester
- State
- Maryland
- Longitude
- -75.5473
- Latitude
- 38.0605
