2525 Augustine Herman Hwy Chesapeake City, MD 21915-1424
- Community centers
- 11,986 SF
- 1.44 lot acres
Current Use by Public Records
- JOJO'S DINER / Diner / Breakfast Restaurant
- Lori Cichocki - Coldwell Banker Chesapeake Real Estate / Real Estate Agents
- Beau Cox, Mortgage Lender-Nations Lending / Mortgage Lender
- Jay McCall , Realtor - Coldwell Banker Chesapeake / Real Estate Agent
- Wolfe Title & Escrow LLC / Title Company
Property Details for 2525 Augustine Herman Hwy
- Year built
- 2007
- Construction
- WOOD
- Lot size
- 1.44 lot acres
- Property size
- 11,986 SF
- Zone code
- GC
- Property type
- Community centers
- APN
- 02-020742
- APU
- 2020742
Description
South Village, a prime retail investment opportunity, is a fully leased shopping center located at 2525 Augustine Herman Hwy, Chesapeake City, MD 21915. This 29,000 square foot center boasts a 6.5% capitalization rate and a strong net operating income (NOI) of $462,063, with an asking price of $7,108,669 ($245.13/sq ft). The property features four separate buildings, including one with a drive-through configuration, strategically positioned just south of the C&D Canal for optimal visibility and traffic flow along Augustine Herman Highway. The center enjoys 100% occupancy with a diverse mix of tenants. This property is part of a portfolio of four retail centers available for individual or package purchase. Detailed tenant information is available upon execution of a confidentiality agreement. Please refrain from contacting or disturbing the tenants.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Chesapeake City
- County
- Cecil
- State
- Maryland
- Longitude
- -75.8191
- Latitude
- 39.5206
- CBSA code
- 37980
- CBSA name
- PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA
