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    3 Old National Pike Boonsboro, MD 21713

    Sponsored
    For Sale
    $520,000

    High-growth area, build-to-suit options available.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    339
    This exceptional 1.08-acre lot, located at Lot 3 Old National Pike in Boonsboro, MD, presents a unique opportunity for retail development. Currently available for sale or lease, this property also offers build-to-suit options, providing flexibility for prospective tenants. Situated at a newly completed roundabout intersection on Ostertag Pass, this lot benefits from excellent visibility and accessibility. All roads are graded and ready for paving, with permits in place and delivery anticipated by June 1st. Boonsboro is experiencing significant growth, with strong projections for the coming years and a notable shortage of retail space to serve its expanding population. This makes this property an ideal location for a variety of retail businesses, including fast food restaurants, pharmacies, and other retail establishments. The seller is committed to accommodating tenant needs and ensuring a smooth development process. This is a rare chance to establish a presence in a thriving community with high potential for return on investment. Contact us today to learn more about this exceptional opportunity.

    Property Features for 3 Old National Pike

    General Information

    Property type
    Other commercial real estate
    Lot Size
    47,045 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Accounting Firm

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Boonsboro
    County
    Washington
    State
    Maryland
    Longitude
    -77.65205
    Latitude
    39.50662

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    FAQs

    What type of property is this?
    Commercial real estate - High-growth area, build-to-suit options available.
    Where is this commercial real estate located?
    The property is located at 3 Old National Pike Boonsboro, MD.
    What is the asking price?
    The asking price for this property is $520,000.
    (301) 745-5500
    Request Owner's contact information
    3 Old National Pike Boonsboro, MD 21713
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    Boonsboro, MD 21713
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3 Old National Pike Boonsboro, MD 21713
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