Property summary
This exceptional 4.89-acre parcel at 21062 Dover Bridge Road in Preston, Maryland, presents a remarkable investment opportunity. Located on a corner lot of a high-traffic highway, this property boasts a prime location just over five miles from Easton, MD, making it easily accessible to a large customer base. The site previously housed a gas station and convenience store, but the existing building has been removed. All underground storage tanks have been removed in accordance with EPA regulations. The property features an existing well and septic system, significantly streamlining the development process. Village Center zoning allows for a wide range of commercial uses, making this an ideal location for entrepreneurs seeking a high-visibility site. Importantly, much of the permitting process for new construction and business operation is already complete, saving significant time and expense for the future owner. This property sits on the main route connecting Lower Delaware to Easton and the Mid-Shore region, ensuring high visibility and consistent traffic flow. This is a rare opportunity to acquire a ready-to-develop site in a thriving area with minimal permitting hurdles remaining. The almost five acres provide ample space for a variety of commercial ventures.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
VC · Preston, MDZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for VC in Preston, MD.
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Find the owner behind the property.
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