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    11205 Homeport Ct Lusby, MD 20657

    Sponsored
    For Sale
    $358,800

    Prime 3-acre lot, shovel-ready, Patuxent Business Park

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional 3.98-acre lot (2.99 acres net usable) presents a remarkable opportunity for businesses seeking a strategic location in Southern Maryland's thriving Patuxent Business Park. Located in a federally designated Opportunity Zone, this property offers significant financial incentives and expedited permitting processes, making it shovel-ready within 60-90 days. The site boasts convenient access to major transportation networks, placing businesses within easy reach of Baltimore, Annapolis, and Washington, D.C. (30 miles). Its idyllic setting between the Chesapeake Bay and Patuxent River provides a picturesque backdrop, while proximity to Solomons Island and the Chesapeake Hills Golf Course adds to its appeal. This lot, designated as Lot 7, also benefits from frontage on HG Trueman Road. The property is one of twelve lots within the park, ranging in size from 1.77 to 27.69 contiguous acres, providing flexibility for various development needs. Modern infrastructure is in place, including high-speed voice and data connections, as well as public water and sewer services. The versatile zoning allows for a wide range of commercial uses, including industrial, convenience store, hotel/motel, medical, office, retail, restaurant, warehouse, warehouse/retail, and storage facilities. This is an unparalleled chance to establish a presence in a rapidly growing area with exceptional accessibility and amenities. The property is priced at $358,800.

    Property Features for 11205 Homeport Ct

    General Information

    Property type
    Industrial properties
    Lot Size
    173,369 SF

    Building Details

    Year Built
    2016
    Property Profile Location Intelligence

    Current Use by Public Records

    Industrial properties

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Lusby
    County
    Calvert
    State
    Maryland
    Longitude
    -76.43168
    Latitude
    38.38417

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    FAQs

    What type of property is this?
    Industrial property - Prime 3-acre lot, shovel-ready, Patuxent Business Park
    Where is this industrial property located?
    The property is located at 11205 Homeport Ct Lusby, MD.
    What is the asking price?
    The asking price for this property is $358,800.
    (410) 394-0990
    Request Owner's contact information
    11205 Homeport Ct Lusby, MD 20657
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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
    11205 Homeport Ct Lusby, MD 20657
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