22931 Dover Bridge Rd Preston, MD 21655
- Industrial properties
- 83,213 SF
- 16.00 lot acres
Current Use by Public Records
- Crown Cork & Seal Co Inc / Packaging Supply Store
Property Details for 22931 Dover Bridge Rd
- Lot size
- 16.00 lot acres
- Property size
- 83,213 SF
- Property type
- Industrial properties
- Property subtype
- Distribution centers
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Preston
- County
- Caroline
- State
- Maryland
- Longitude
- -75.9135
- Latitude
- 38.7232
