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    4501 Crisfield Hwy Crisfield, MD 21817

    Sponsored
    For Sale
    $69,900

    High-traffic location, development potential.

    Property size:
    29,046 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    337
    This exceptional 0.67-acre commercial lot, situated at 4501 Crisfield Highway in Crisfield, Maryland, presents a unique investment opportunity. Boasting 29,046 square feet of land, this property offers significant potential for a variety of commercial ventures. Its prime location along the busy Route 413 and a nearby bike path ensures high visibility and accessibility. The lot is conveniently equipped with public water and sewer connections, simplifying development plans. A small storage building, complete with water and electric hookups, is already in place, providing immediate utility. This property is zoned Highway Commercial, opening doors to a wide range of business possibilities. Furthermore, its location just outside the Crisfield city limits offers a blend of accessibility and a less restrictive environment. The proximity to Janes Island State Park adds to its appeal, potentially attracting tourism-related businesses. This is a rare opportunity to acquire a well-situated, ready-to-develop commercial lot in a desirable location. The existing infrastructure and zoning make this an attractive proposition for entrepreneurs and investors seeking a strategic foothold in a growing area. Serious inquiries are encouraged.

    Property Features for 4501 Crisfield Hwy

    General Information

    Property type
    Other commercial real estate
    Square Feet
    29,046 SF
    Lot Size
    29,185 SF

    Building Details

    Year Built
    2022
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Dental Office Wholesale Shop Auto Repair Shop Furniture Store Electronics Store Convenience Store Arcade & Gaming Center Pet Grooming Service Toy Store Fish Market

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

    Location Insight

    • Map
    • Local Demand
    City
    Crisfield
    County
    Somerset
    State
    Maryland
    Longitude
    -75.82079
    Latitude
    38.006

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    FAQs

    What type of property is this?
    Commercial real estate - High-traffic location, development potential.
    Where is this commercial real estate located?
    The property is located at 4501 Crisfield Hwy Crisfield, MD.
    What is the asking price?
    The asking price for this property is $69,900.
    (410) 968-1882
    Request Owner's contact information
    4501 Crisfield Hwy Crisfield, MD 21817
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    Crisfield, MD 21817
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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
    4501 Crisfield Hwy Crisfield, MD 21817
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