Opportunity Zone - Northwood Industrial Park Land

2100 Industrial Parkway Sailsbury, MD 21801

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.