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Investment Highlights

  • Approved for a 59,950 SF facility with 50,300 Net RSF
  • Ideal opportunity in an underserved market near local schools.
  • Mix of climate-controlled and traditional drive-up storage units.

Executive Summary

2744 Augustine Herman Highway presents an opportunity to acquire a site plan approved self-storage development project in Chesapeake City, Maryland. The project is designed to serve an underserved storage market within Cecil County and is positioned along Augustine Herman Highway, a primary local corridor with reported traffic counts of approximately 10,000 vehicles per day. The planned development includes a mix of climate-controlled and drive-up storage units, providing flexibility to serve a broad range of residential and business storage needs.

Property Facts

Price $898,579 CAD
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Hold For Development
  • Hold For Investment
  • Self Storage
Total Lot Size 1.38 AC
Zoning BG - Business General

1 Lot Available

Lot

Price $898,579 CAD
Price Per AC $652,912.58 CAD
Lot Size 1.38 AC

Description

National Storage Partners, with Broker of Record: Meredith M. Mears, SVN Miller Commercial Real Estate, is pleased to offer an exceptional investment opportunity in Chesapeake City, MD. This well-positioned self-storage development site, located on Augustine Herman Highway, benefits from high market rents and no competition within a 3-mile radius. With increasing demand for self-storage, this project presents strong market potential and long-term financial returns, especially with the nearby Southfields of Elkton development, which will include residential, retail, and recreational spaces. The site is approved for a 59,950 SF facility with 50,300 Net RSF, offering a mix of climate-controlled and traditional drive-up storage units. The facility will feature modern security, amenities, and professional management, making it an ideal opportunity in an underserved market near local schools. Location Description Chesapeake City, located along the Chesapeake and Delaware Canal in Cecil County, is a charming town known for its rich history, scenic waterfront, and 19th-century architecture. It offers a peaceful retreat with local shops, gourmet dining, and outdoor activities like boating and historic district tours, making it a hidden gem in the Chesapeake Bay area.

Somewhat walkable
20/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100

Property Taxes

Property Taxes

Parcel Number
02-138869
Land Assessment
$233,021 CAD
Improvements Assessment
$0 CAD
Total Assessment
$233,021 CAD
  • Listing ID: 39593925

  • Date on Market: 2026-02-26

  • Last Updated:

  • Address: 2744 Augustine Herman Hwy hwy, Chesapeake City, MD 21915

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