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Property profile & analytics
OFF-MARKET
Grocery and convenience stores

20835 Nanticoke Rd Bivalve, MD 21814-2018

2,880 SF 0.54 ac lot Built 1952
Entity Owned 4-yr Hold Free & Clear
Property ID
US40-1259719
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Grocery and convenience stores
Use group CONVENIENCE STORE
Year built 1952
Construction BRICK
Total area 2,880 SF
Lot 0.54 ac (23,691 SF)
Zoning code ARR
APN 12-000111
UPID US40-1259719
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
  • Cedar Hill General Store and Deli Food Market Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Laurel Holding Group LLC · 4 yrs held
Laurel Holding Group LLC
since 2022
Last sale
$225,000
5 recorded transactions
2022
$225,000
2020
Price N/A
2017
$423,000
2009
$200,000
2001
$120,000
Zoning & alternative use
ARR · Bivalve, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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