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306 Lake Dr
Queenstown, MD 21658

Land For Sale · 19.03 AC

Investment Highlights

  • High traffic count - 44,882 vehicles per day (more in summer season)
  • Near Queenstown Outlets, Chesapeake College, Wye Oak State Park
  • High visibility

PROPERTY FACTS

Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Mixed Use
  • Hospitality
  • Auto Repair
  • Bank
  • Tienda de conveniencia
  • Daycare Centre
  • Department Store
  • Drugstore
  • Fast Food
  • Funeral Home
  • Garden Centre
  • General Freestanding
  • Hold For Investment
  • Hospital
  • Hotel
  • Lodge or Meeting Hall
  • Loft or Creative Space
  • Motel
  • Neighbourhood Centre
  • Outlet Centre
  • Parking Garage
  • Parking Lot
  • Police or Fire Station
  • Post Office
  • Public Library
  • Public Park
  • Public Swimming Pool
  • Rehabilitation Centre
  • Religious Facility
  • Restaurant
  • Storefront
  • Storefront, Retail or Office
  • Strip Centre
  • Veterinarian or Kennel
  • Agricultural
  • Pasture Ranch
Total Lot Size 19.03 AC

Description

GENERAL INFORMATION: The auction property consists of two contiguous, commercially-zoned, parcels, located on the south side of US Route 50, east of MD Route 13 and immediately west of Maryland Route 404. The undeveloped property has substantial frontage on Ocean Gateway (US-50), the main highway traversing the Maryland Eastern Shore, leading from the Chesapeake Bay Bridge and US-301 southeast to Ocean City. MD-404 is a major alternate route to Delaware and Maryland beach resorts. SC zoning allows a wide variety of commercial land uses. The rear of the site borders scenic Wye Mills Community Lake. LOCATION: The property is located in the Wye Mills - Queenstown area of Queen Anne's County, MD, approximately 12 miles east of the Chesapeake Bay Bridge. MDOT Traffic County Data for 2020 indicates 44,882 vehicles, on average, pass the property each day. Traffic counts are likely much higher during the summer travel season. Nearby attractions include Chesapeake College, Queenstown Outlets and Wye Oak State Park. Area properties include agricultural, residential and highway commercial uses. ZONING: SC, Suburban Commercial District. According to the Queen Anne's County Code, "The Suburban Commercial (SC) Distric it intended to provide for a variety of commercial uses and limited light industrial uses in predominantly rural or suburban areas not served by public sewer." For a list of permitted uses, conditional uses and setback requirements, see: Queen Anne's County Zoning and Subdivision Regulations - www.ecode360.com SITE: The property is comprised of two adjacent parcels. Lot 1 - 306 Lake Drive (Tax Map 67, Parcel 44) - 22.65 acres, situated at the southeast corner of US-50 and Lake Drive, a 50' wide private road. The parcel fronts approximately 1,233 feet along US-50 by a depth of approximately 1,274 feet. The site is fairly level and mostly wooded. The rear fronts approximately 303' along the shore of Wye Mills Community Lake. Lot 2 (Tax Map 67, Parcel 68) - 3.29 acres, adjoining Lot 1 on the east, fronting approximately 238' along US-50 by a depth of 574'. The property is fairly level and mostly wooded. Plat IMPROVEMENTS: Prior to 1992, the property was used as a nursery. The remains of a concrete shed and several greenhouses can be found along a gravel drive, which traverses Lot 1. The plat denotes a 30,000 square foot septic area in the rear of Lot 2 and there were formerly two wells on the property. The status of the well and septic is unknown. Environmental report is available. See Auctioneer's web page.

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 03-005119
  • 03-026035
Land Assessment
$1,034,628
Improvements Assessment
$0
Total Assessment
$1,034,628

zoning

Zoning Code SC (Suburban Commercial a very comprehensive zone allowing a wide variety of uses. Gas station convenience store would be a great use on Lot 1)
SC (Suburban Commercial a very comprehensive zone allowing a wide variety of uses. Gas station convenience store would be a great use on Lot 1)
  • Listing ID: 22518686

  • Date on Market: 2021-03-19

  • Last Updated:

  • Address: 306 Lake Dr, Queenstown, MD 21658

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