30342 Foskey Ln, Delmar, MD 21875-2068
This exceptional 1.75-acre commercial parcel presents a unique investment opportunity in Delmar, Maryland. Strategically located on the corner of US Route 13 (Ocean Highway) and Foskey Lane, this property boasts significant visibility and accessibility. Its zoning designation, Community Business District, within the Town of Delmar, allows for a wide range of commercial uses, making it ideal for businesses seeking high-traffic exposure. The property benefits from readily available public water along its US Route 13 frontage, simplifying development and operational costs. This prime location offers unparalleled potential for businesses seeking a prominent presence along a major thoroughfare. The expansive acreage provides ample space for development, allowing for flexibility in design and functionality. Note that an adjacent property at 9245 Ocean Highway is also available for sale, and the owners are open to selling both parcels as a combined package, presenting an even more substantial development opportunity. This presents a rare chance to acquire a significant commercial holding in a thriving location. Serious inquiries are encouraged to explore the possibilities this exceptional property offers. The asking price for this single parcel is $450,000.
-
The Crab Pot Restaurant
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
C · Delmar, MDDelmar. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.