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$424,900

  • For Sale
  • Active
  • Apartment
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Prime Development Opportunity! Currently set up as 8 units, These two parcels (28646 and 28650), totaling 1.15 acres, are in the final stages of annexation into the city of Salisbury. Once finalized, they will offer access to public water and sewer and will be zoned for up to 12 units per acre. Preliminary plans have been designed for 12 townhomes, or take advantage of the booming rental market with multifamily condo buildings. With direct frontage on a scenic lake, this property presents the perfect opportunity to create a premium waterfront community. Don't miss this exceptional investment potential! Conceptual layouts, plans, plats, etc are available upon request. Currently rented and professionally managed. Showings are NOT available without letter of intent, proof of funds, etc.

Full Property Details for 28646 Old Quantico Rd

General

  • Price: $424,900
  • Taxes: $2,295 (2024)
  • Status: Active
  • Type: Apartment
  • Source: BrightMLSMidAtlantic
  • MLS ID: MDWC2016882
  • Updated: 12/24/2025
  • Added to Site: 327 day(s) ago

Business

  • Business Type: Apartment Building

Interior

  • Flooring: Laminated

Parking

  • Total Spaces: 30
  • Parking Features: Private
  • Parking Type: Parking Lot

Location

  • Area: Wicomico Northwest (23-01)
  • Municipality: Salisbury
  • County: WICOMICO
  • Driving Directions: located on old Quantico road off of Nanticoke rd

School Information

  • Elementary School: Pemberton
  • Middle School: Salisbury
  • High School: James M. Bennett

Heating & Cooling

  • Central air: Yes
  • Cooling Type: Central A/C, Wall Unit, Window Unit(s)
  • Cooling Fuel: Electric
  • Heating Type: Baseboard - Electric, Heat Pump(s)
  • Heating Fuel: Electric
  • Water Heater: Electric

Utilities

  • Sewer: On Site Septic
  • Water: Private/Community Water, Well
  • Utility Description: Cable TV Available, Electric Available, Phone Available

Structural Information

  • Construction: Vinyl Siding
  • Foundation: Block, Slab, Crawl Space
  • Roof: Architectural Shingle
  • Building Size: 3568
  • Year Built: 1935
  • Year Built Source: Assessor

Unit Information

  • # Tenants: Multiple

Lot Features

  • Property View: River
  • Lot Size (Acres): 1.16
  • Lot Size (Sq. Ft.): 50,529
  • Lot Size Source: Estimated
  • Street/Road Desc.: Paved
  • Zoning: R-8
  • Lot Description: Backs - Open Common Area, Cleared, Pond

Water Features

  • Water Front: Yes
  • Water View: Yes
  • Navigable Water: Yes
  • Water Access: Yes
  • Water Front Type: Lake
  • Water Front Name: Owens Branch Lake

Financial Considerations

  • Price Per Sq. Ft.: $119.09
  • Assessment Year: 2024
  • County Tax: $2,027
  • County Tax Freq: Annually
  • Tax w/Assessment: $239,400
  • Tax Amount: $2,295
  • Tax Year: 2024

Disclosures and Reports

  • Ownership: Fee Simple
  • Lot Number: 2

Listed by HomeSource Pro Real Estate, Joshua Mast

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Listing agent

— 28646 Old Quantico Rd —

  • Joshua Mast

    HomeSource Pro Real Estate

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 28646 Old Quantico Rd

School District:Wicomico County Public Schools
NameGradesDistance
Pemberton Elementary School, Salisbury, MD
1300 Pemberton Drive, Salisbury, MD 21801
PK-50.4 mi
Salisbury Middle School
607 Morris Street, Salisbury, MD 21801
6-81.2 mi
James M. Bennett High School
300 East College Avenue, Salisbury, MD 21804
9-122.1 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 28646 Old Quantico Rd Get Price Alerts and Save Property

Date
Details
Price
Change
Source
12/24/2025
Price Reduced
$424,900
-5.56%
MLS
2/27/2025
Listed
$449,900
31.6%
MLS
7/12/2022
Sold
$341,862
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 28646 Old Quantico Rd

Year
Property Taxes
Change
Tax Assessment
Change
2024
$2,475
-13%
$239,400
-17%
2023
$2,861
-2%
$286,800
—
2022
$2,922
15%
$286,733
—
2019
$2,540
-19%
$286,667
—
2021
$3,136
15%
$286,600
18%
2020
$2,720
20%
$242,733
22%
2019
$2,273
25%
$198,967
28%
2018
$1,812
-1%
$155,200
—
2017
$1,831
—
$155,200
—
2016
$1,831
—
$155,200
—
2015
$1,838
4%
$155,900
—
2014
$1,771
—
$155,900
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 28646 Old Quantico Rd

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NMLS#: 1598647

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Listed by HomeSource Pro Real Estate, Joshua Mast

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28646 Old Quantico Road, Salisbury, MD 21801 (MLS# MDWC2016882) is a Apartment property. 28646 Old Quantico Road is currently listed for $424,900 and was received on February 27, 2025. Want to learn more about 28646 Old Quantico Road? Do you have questions about finding other Apartment real estate for sale in Salisbury? You can browse all Salisbury real estate or contact a Coldwell Banker agent to request more information.

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