Property Lookup
Property Lookup
  • For Sale
  • For Lease
  • Recently Sold
  • Property Lookup
  • Brokers
Back to Search
Property profile & analytics

30342 Foskey Ln Delmar, MD 21875

  • Commercial real estate
  • 1,508 SF
  • 1.75 lot acres
Value Estimation
Location Intelligence
Property ID
US40-0231344
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.

Current Use by Public Records

  • The Crab Pot / Seafood Restaurant

Property Details for 30342 Foskey Ln

Year built
1995
Construction
BRICK
Lot size
1.75 lot acres
Property size
1,508 SF
Zone code
C
Property type
Commercial real estate
APN
11-005969
APU
11005969

Description

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.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $320,000
  • CAP approach

    CAP return
    Estimation
    6%
    $305,000
    6.5%
    $315,000
    7%
    $280,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $310,000
    Geo Method
    $330,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $265,000
    Retail
    $340,000
    Mixed-Use
    $280,000
    Hospitality
    $300,000
    Educational
    $280,000
    Residential Income
    $315,000
    Energy
    $295,000
    Income-Based Land
    $325,000
    Food Service
    $315,000

Location Insight

  • Map
  • Local Demand
City
Delmar
County
Wicomico
State
Maryland
Longitude
-75.5597
Latitude
38.4456
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
$1,746
$175,000
$0.00
$175,000
-
$175,000
$0.00
$175,000
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message