Leaders in Commercial Real Estate for Maryland’s Eastern Shore and the Delmarva Peninsula

Davis & Alder Sell Chincoteague Land to Developer

OCTOBER 2017, SALISBURY, MD – SVN – Miller Commercial Real Estate Senior Advisors Chris Davis and Ben Alder teamed up to sell Landmark Place in Chincoteague Island, Virginia. The 2.0 acre waterfront lot sold for $2.4 million and will soon be redeveloped.

“The Landmark sale represents the strength of the Chincoteague Island real estate market,” said Alder. “The Island has a dynamic economy with over a million visitors each year. This investor has some unique plans to add additional amenities to the Chincoteague waterfront. We are looking forward to seeing it all come together.”

For more information about this transaction or to inquire about available properties on the Delmarva Peninsula, email Chris Davis at chris.davis@svn.com or Ben Alder at ben@svnlandgroup.com, or call 410-543-2440.

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