**Prime Development Opportunity With Rare Waterfront Potential!**These two parcels-28646 and 28650-totaling 1.15 acres, are in the final phase of annexation into the city of Salisbury. Once complete, you’ll gain access to public water and sewer along with zoning that allows up to 12 units per acre, opening the door to a wide range of possibilities.28650 currently has a single family home with 28646 having two multifamily properties. Whether you envision a standout single-family residence with expansive grounds, a collection of premium townhomes, or high-demand multifamily buildings to capitalize on Salisbury’s strong rental market, this property offers the flexibility to bring your vision to life. Preliminary concepts for 12 townhomes have already been drafted, and additional layouts, plats, and plans are available upon request.With direct frontage on a tranquil lake, the site is ideally suited for a true waterfront community—perfect for creating desirable living spaces with natural views and outdoor amenities.The property is currently improved with 8 units and is professionally managed.
**Prime Development Opportunity With Rare Waterfront Potential!**These two parcels-28646 and 28650-totaling 1.15 acres, are in the final phase of annexation into the city of Salisbury. Once complete, you’ll gain access to public water and sewer along with zoning that allows up to 12 units per acre, opening the door to a wide range of possibilities.28650 currently has a single family home with 28646 having two multifamily properties. Whether you envision a standout single-family residence with expansive grounds, a collection of premium townhomes, or high-demand multifamily buildings to capitalize on Salisbury’s strong rental market, this property offers the flexibility to bring your vision to life. Preliminary concepts for 12 townhomes have already been drafted, and additional layouts, plats, and plans are available upon request.With direct frontage on a tranquil lake, the site is ideally suited for a true waterfront community—perfect for creating desirable living spaces with natural views and outdoor amenities.The property is currently improved with 8 units and is professionally managed.
Neighborhood
Type
Total Baths
County
Wicomico
Area
Wicomico Northeast
Tax Amount
$996
Status
Active
Listing #
MDWC2020928
Built
1932
Lot Size
0.57
Listed on site
9 hours
Listing Agent Id
300256271845