Opportunity Zone - S. Division Street Commercial Lot for Sale

1308 S. Division Street Salisbury, MD 21804

1308 S. Division Street, Salisbury, MD, 21804
1308 S. Division Street, Salisbury, MD, 21804
FOR SALE
Property Type:
Commercial Land Development
Amount:
$450,000
Last Verified:
Dec 29, 2020

Highlights

  • 1.09 commercial lot at light intersection
  • Zoned General Commercial
  • Lighted Intersection.

Description

1.09 acre commercial lot located at busy lighted intersection.
Located near medical and professional offices, student housing and many retail and professional businesses. General commercial zoning allows a wide variety of commercial, office & retail uses.

Located at the lighted intersection of S. Division Street & Milford Street near medical and professional offices, retail, restaurants, student housing and many other professional and service related industries.

Lot Size: 1.09 acres

Map of 1308 S. Division Street, 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.