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    20835 Nanticoke Rd Bivalve, MD 21814-2018
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    Property profile & analytics

    20835 Nanticoke Rd, Bivalve, MD 21814-2018

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    • Grocery and convenience stores
    • 2,880 SF
    • 0.54 lot acres
    Off-Market
    Last Sale Jan 20, 2022
    $225,000
    Property ID
    US40-1259719
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Cedar Hill General Store and Deli / Food Market / Restaurant

    Property Details for 20835 Nanticoke Rd

    Year built
    1952
    Construction
    BRICK
    Lot size
    0.54 lot acres
    Zone code
    ARR
    Property type
    Grocery and convenience stores
    APN
    12-000111
    APU
    12000111

    Description

    This charming 2,880 square foot mixed-use property located at 20835 Nanticoke Road, Bivalve, MD, presents a unique investment opportunity. Situated on a 0.54-acre lot, this established general store offers a blend of commercial and residential potential. Currently operating as a successful business, it provides a steady income stream with opportunities for expansion. The store offers a range of goods and services, including sandwiches, groceries, beverages, and ice, catering to both locals and tourists. Its convenient location near the County Owned Cedar Hill Marina/Park and the Nanticoke River provides easy access to recreational activities such as fishing and boating. The property's proximity to the river and the marina enhances its appeal and potential for increased foot traffic. The location is approximately 19 miles from Route 50 in Salisbury, offering a balance between rural tranquility and convenient access to larger urban areas. This property is ideally suited for an entrepreneur seeking a turn-key business with significant growth potential in a picturesque waterfront setting. The existing infrastructure and loyal customer base provide a solid foundation for continued success. The property's blend of commercial and potential residential use offers flexibility for future development and expansion. This is a rare opportunity to own a piece of Bivalve's history and capitalize on the region's thriving tourism and outdoor recreation industries. The asking price is $299,000.


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    Location Insight

    • Map
    • Local Demand
    City
    Bivalve
    County
    Wicomico
    State
    Maryland
    Longitude
    -75.8939
    Latitude
    38.29
    CBSA code
    41540
    CBSA name
    SALISBURY, MD-DE METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $2,724
    $85,300
    $187,800
    $273,100
    -
    $85,300
    $187,800
    $273,100
    More about this property
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