Opportunity Zone - Northwood Industrial Park Land

2100 Industrial Parkway Sailsbury, MD 21801

2100 Industrial Parkway, Sailsbury, MD, 21801
2100 Industrial Parkway, Sailsbury, MD, 21801
FOR SALE
Property Type:
Other Land
Amount:
$195,000
Last Verified:
Dec 09, 2020

Highlights

  • Northwood Industrial Park - Lot for Sale
  • 3.43 Acres / Located in Enterprise Zone
  • 300' road frontage

Description

Industrial site ready for development with access to all City of Salisbury services. Visit the property website: http://sale.svn.com/northwoodindustrialparkland

Located in the Northwood Industrial Park on Industrial Parkway in an Enterprise Zone. This can provide substantial tax benefits for employers meeting certain criteria. Located 2 minutes to Rt. 13 and 7 minutes to Rt. 50.


Year Built: 1986
Building Size: 22734sq ft
Lot Size: 3.43 acres

Map of 2100 Industrial Parkway, Sailsbury, 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.