Industrial Land in Northwood Industrial Park

2015 Industrial Parkway (Land Lot) Salisbury, MD 21801

FOR SALE
Property Type:
Other Land
FOR SALE
Amount:
Please Call Broker for Price

Last Verified:
Jan 10, 2020

Highlights

  • Approx 8 Acres

Description

Approx 8 acre development site in the Northwood Industrial Park. Located in the Northwood Industrial Park, an Enterprise Zone & One Maryland Incentive Area. Significant tax benefits available to qualified buyers. Excellent access to Route 13 and Route 50 via Northwood Drive & Naylor Mill Road. Northwood Industrial Park has access to all municipal services and is home to over forty manufacturers.

Located in the Northwood Industrial Park, an Enterprise Zone & One Maryland Incentive Area. Significant tax benefits available to qualified buyers. Excellent access to Route 13 and Route 50 via Northwood Drive & Naylor Mill Road. Northwood Industrial Park has access to all municipal services and is home to over forty manufacturers.

Building Size: 66000.0sq ft
Building Class: A
Lot Size: 8.0 acres

Map of 2015 Industrial Parkway (Land Lot), Salisbury, MD, 21801

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.