Westwood Commerce Park

1630 Westwood Drive Salisbury, MD 21801

1630 Westwood Drive, Salisbury, MD, 21801
1630 Westwood Drive, Salisbury, MD, 21801
FOR SALE
Property Type:
Other Land
Amount:
$388,550
Last Verified:
Apr 04, 2019

Highlights

  • 250+ Acres Available
  • City Water & Sewer; Natural Gas; Electric
  • Build to Suit Available
  • Easy access to Rt 50 Bus & Rt 50 Bypass
  • Development Opportunity
  • Able to serve the entire Delmarva Peninsula
  • Property is located in the Wicomico County Enterprise Zone

Description

Learn more about the great opportunities awaiting your firm at Westwood Commerce Park!

Lot sizes are flexible and all lots will be served by the City of Salisbury Water and Sewer. All Phase 1 lots are exempt from city capacity fees. Natural Gas, as well as high-speed voice and data lines by Verizon, will be serving the entire park. Maryland broadband lines also bisect the park.

Westwood also features a centralized stormwater management system leading to a more efficient utilization of land and a more timely approval of building plans. All of this will lead to lower development costs for all occupants of Westwood.

Current tenants include Schmidt Bakery, Coastal Linens, Ferguson Enterprises, Alban Tractor, Sherwin Williams Floorcoverings, Capital Tristate and the State of Maryland DLLR.

Located in Suburban Salisbury on the Delmarva Peninsula, with direct access to Route 50.


Year Built: 1975
Building Size: 49892.0sq ft
Lot Size: 4.09 acres

Map of 1630 Westwood Drive, 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.