22931 Dover Bridge Rd Preston, MD 21655
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.
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Crown Cork & Seal Co Inc Big Box & Wholesale Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.