Opportunity Zone - Lot 5 Autumn Grove Court

Autumn Grove Court - Lot 5 Salisbury, MD 21804

Autumn Grove Court - Lot 5, Salisbury, MD, 21804
Autumn Grove Court - Lot 5, Salisbury, MD, 21804
FOR SALE
Property Type:
Street Retail
Amount:
$180,000
Last Verified:
Dec 09, 2020

Highlights

  • 1.81 Acres - $180,000
  • Just 5 minutes to Sailsbury/Ocean City Airport
  • Just 2 minutes to Shorebirds Minor League Baseball Stadium

Description

Lot 5 - Autumn Grove Court 1.81 acres zoned Regional Commercial. Located just off US Rt. 50 Eastbound and the US Rt. 13 Bypass. Adjacent to Exxon/Subway, Denny's (which averages 20,000 customers per month) and Sleep Inn (which averages 16,000 guests per year, and Wendy's.

Located just off US Rt. 50 Eastbound the the US Rt. 13 Bypass. Adjacent to Denny's, Sleep-Inn, Wendy's and Exxon/Subway. Just 5 minutes to Salisbury/Ocean City Airport.
Denny's averages 20,000 customers per month and Sleep Inn averages 16,000 guests per year.

Building Size: 0sq ft
Lot Size: 1.81 acres

Map of Autumn Grove Court - Lot 5, Salisbury, MD, 21804

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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.