Lake Ridge VA Real Estate & Commercial for Sale

A mixed-use development opportunity located on Beaglin Park Drive in Salisbury, Maryland. Adjacent to a planned 165+ unit residential community ("Builder 100" Top 5 homebuilder), this to-be-built commercial center is prime for a variety of uses including retail, professional office, medical, multifamily, hospitality, convenience store and/or restaurants. The property is situated less than a quarter mile from Route 50, the highway connecting eastbound traffic to Ocean City, the capital of Maryland tourism. With average daily traffic counts (ADT) of nearly 40,000 cars, Route 50 brings a steady stream of year-round traffic within very close proximity of the subject property. Pad sites are available for sale and/or ground lease with potential for build-to-suit leasing. A minimum of 2-acres or 2,000 SF is required. $400,000K PER ACRE, LEASE RATES NEGOTIABLE. Conceptual site plans have been completed and are available in addition to development consultancy.