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28646 Old Quantico Rd
For Sale $389,900
$389,900
- 8 Units
- Unknown Sq Ft
- 50,530 Sq Ft
- Unknown Cap Rate
Description
**Prime Development Opportunity With Rare Waterfront Potential!**
These two parcels-28646 and 28650-totaling 1.15 acres, consist of 8 units and 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. Please note, not all units are currently rented or rentable.
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.
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Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $389,900 |
| Property Type | Multi-Family |
| Usable Sqft | Unknown |
| Number of Stories | 0 stories |
| Parking Spots | 0 spots |
| Year Built | 1935 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 2309007253 |
| MLS # | MDWC2016882 |
| Property ID | 321301889 |
| Lot Sqft | 50,530 |
| Zoning | R-8 |
| Total Units | 8 |
| Days on Market | 434 |
| Original List Price | Unknown |
| Date Updated | April 14, 2026 |
| Date Created | February 26, 2025 |
| Unit # | Beds | Baths | Current Rent | Proforma Rent |
| Unit #1 | $33,610 | $0 |
Listing Provided By
Joshua Mast an agent of . Lic #RB-0031372
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Data last updated: May 06, 2026.
Robert Crawford
REAL ESTATE AGENT