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30591 DAGSBORO RD Salisbury, MD 21804 -- MLS# MDWC108628 Real Estate

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30591 DAGSBORO RD
Salisbury, MD 21804
SOLD
$1,250,000
Sold
33
Acres
MLS# MDWC108628

Property Details

PROPERTY OVERVIEW Perfect Site for Townhomes and Apartments in the rapidly growing Salisbury area. Located adjacent to Addison Court the highest end Apartment Complex in the region PROPERTY HIGHLIGHTS Fantastic Location For Townhomes or Apartments! Approved For 157 Townhomes Can Potentially Have Up To 600 Apartments Perfect Zoning For Multifamily Uses R10A Complete Infrastructure Pricing Analysis Completed Substantial Engineering Work Already Completed See engineering cost synopsis in the attached PDF documentThere is an existing 44.38 acre section consisting of 3 parcels ( 25.18 ac + 4.13 ac +15.07 ac) from which a 30 to 33 acre section will be cut out (see Exhibit A site plan) to define the multifamily complex. This will exclude the church structure, adjacent parking lot and athletic fields. The Seller will work with the Buyer if some geometry or access adjustments to the current site plan as defined in the Exhibit A site diagram need to be made. The property currently has access off Dagsboro Road. The extension of North Point Drive will attach to the property to the south. Zoning is City Of Salisbury R-10 A: See attached Approval Letter and Zoning Text for Options. Highest and best use factors are projected to be apartments or town homes. The site is approved for 157 townhomes. Project Engineer projects this could be changed to 500 to 600 apartments if desired.

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Property Highlights

Status
Sold
Price
$ 1,300,000
Property Type
Land
Acres
33.00

Location

County
WICOMICO
Water View
No
Water Front
No

Heating, Cooling & Utilities

Navigable Water
No
Sewer/Septic
Public Sewer

Taxes & Terms

Ownership Interest
Fee Simple
Taxes
$2,939
Financing
Cash
Ownership Interest
Fee Simple
Potential Short Sale
Standard
HOA
No
Listed by Svn/miller Commercial Real Estate. Listing Data last updated 30th May, 2023 10:00 MST
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Property History

1069 days ago
Property Listed
964 days ago
Date of last price change
447 days ago
Date Sold
24 days ago
Property info last updated

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Listing Data last updated: 30th May, 2023 10:00 MST
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