306 Lake Dr Queenstown, MD 21658
Property profile & analytics
306 Lake Dr, Queenstown, MD 21658
- Commercial land
- 564 SF
- 23.63 lot acres
Property ID
US40-0952040
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.
Location Intelligence
Current Use by Public Records
- Delmarva Carry Academy / Training Center / Vocational School
Property Details for 306 Lake Dr
- Year built
- 1970
- Lot size
- 23.63 lot acres
- Zone code
- SC
- Property type
- Commercial land
- APN
- 03-005119
- APU
- 3005119
Description
This exceptional retail property, situated at 306 Lake Drive in Queenstown, Maryland, presents a unique investment opportunity. Spanning 22.65 acres, the property boasts a renovated greenhouse, shade houses, and cold frames, all ready for immediate occupancy. This established location, formerly known as Wye Nursery, has a rich history dating back to 1953. Its strategic position on Route 50 East, with convenient access from Route 50 West, ensures high visibility and significant traffic exposure. The property benefits from an average daily traffic count of 77,000 vehicles during peak season, providing unparalleled potential for a thriving business. The existing infrastructure is ideal for a nursery or similar retail operation. Three flower shops have already committed to purchasing $30,000 worth of flowers and plants annually, providing a strong foundation for immediate revenue generation. This turnkey operation offers a rare chance to acquire a well-established business with significant growth potential in a high-demand location. The property's size and established infrastructure make it an attractive proposition for entrepreneurs seeking a ready-to-go business venture. The high traffic volume ensures maximum exposure and accessibility for customers. This is a truly exceptional opportunity to establish or expand a successful retail business in a prime location. The asking price is to be determined.
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Queenstown
- County
- Queen Anne's
- State
- Maryland
- Longitude
- -76.0663
- Latitude
- 38.9464
- CBSA code
- 12580
- CBSA name
- BALTIMORE-TOWSON, MD 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
$3,263
$646,200
$0.00
$646,200
-
$646,200
$0.00
$646,200
