Listing Agency: ERA Martin Associates g***@era.com Show Phone

Listed By: Gregory Johnson · License #677070 Show Phone

Source: Elliman

Added: Apr 27 Changed: Jul 10 Last Checked: Aug 6 at 6:08AM

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Investment Insights

Based on property information with market context.

This 3.56-acre commercial land parcel is located just one parcel off Route 50 at a lighted intersection in Berlin. Existing structures are present on the land. The property is suitable for several redevelopment opportunities. The bike score is 31, indicating it is somewhat bikeable. The walk score is 30, indicating car-dependence.

Key Highlights

• Located one parcel off Rt #50 at a lighted intersection.
• 3.56 acre parcel.
• Ripe for several redevelopment opportunities.

Property Analytics

Property Profile

Current Use

Commercial land

Suggested Use

Top Pick HVAC Service Big Box & Wholesale Store (Bike/Boat/Book/etc) Store Furniture & Home Goods Bakery Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

137

Businesses Nearby

Explore this area Business Placement

Demographics for 21811, MD

23,907

Population

15,439

Households

1.5

Avg Household Size

52

Median Age

36%

College-Educated

94%

High-School Grad

101.5 sq mi

ZIP Area

236

Density / Sq Mi

$91,293

Median Household Income

$49,929

Median Earnings

$1,398

Median Rent

$362,500

Median Home Value

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Commercial land - 3.56 acre commercial land parcel ripe for redevelopment.

Where is this commercial land located?

The property is located at 10010 FRIENDSHIP Rd Berlin, MD.

What is the asking price?

The asking price for this property is $699,000.

What are key features of this property?

This property features: Located one parcel off Rt #50 at a lighted intersection.; 3.56 acre parcel.; Ripe for several redevelopment opportunities.