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Property profile & analytics
OFF-MARKET
Industrial properties

22931 Dover Bridge Rd Preston, MD 21655

83,213 SF 16 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Industrial properties
Total area 83,213 SF
Lot 16 ac (696,960 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Crown Cork & Seal Co Inc Big Box & Wholesale Store
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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