Augustine Herman Hwy, Chesapeake City, MD 21915
2.68 Acres of Commercial Land Offered at $975,000 USD in Chesapeake City, MD 21915
For Sale
Active
Asking Price $975,000
- Property Type
-
Land
- Square Feet
- 116,741 SF
Listing Contacts
Meredith Mears
Hans Hardisty
Nick Malagisi
- Property Info
Property Overview
SVN Miller Commercial Real Estate and the SVN NationalStorageAdvisors.com team Meredith Mears, Hans Hardisty, and Nick Malagisi are excited to present this exceptional investment opportunity in the heart Chesapeake City, MD. This well-positioned development project offers a prime location on Augustine Herman Highway (10,000 +/- ADT) and high market rents. Also, this property offers zero competition in the 3-mile radius and 2.5 SF/person in the 5-mile radius (StorTrack). With the demand for self storage solutions on the rise, this development presents an ideal chance to capitalize on the market potential and secure long-term financial returns. The project is to be sold site plan approved, allowing for the construction of a state-of-the-art facility with 50,300 Net RSF, with storage units ranging from climate-controlled spaces to traditional drive-up units. The planned facility will feature modern security systems, convenient amenities, and professional on-site management, ensuring the safety and satisfaction of tenants. Investors will have the opportunity to develop in an underserved self-storage market near the local middle and high school.
Property Details
- Property Subtype
- Commercial
All available spaces
- Space
- Lot 1
- Size
- 116,741 SF
- Price
- $975,000
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