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    1361 Defense Hwy Gambrills, MD 21054

    Sponsored
    For Sale
    $700,000

    5+ Acre Potential, Spacious Home

    Property size:
    1,974 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    337
    This exceptional 2.45-acre property at 1361 Defense Highway in Gambrills, Maryland, presents a significant investment opportunity for developers and savvy investors. The property features a substantial existing home with 1,974 square feet of living space, offering immediate potential for various uses. The expansive acreage provides ample room for development, expansion, or redevelopment. This rare find in Anne Arundel County is ideally suited for those seeking a large-scale project. The property's zoning should be verified with Anne Arundel County to determine suitability for specific business uses, including potential SB and C2 zoning designations. Note that an adjoining property at 1365 Defense Highway, encompassing an additional 2.61 acres, is also available for purchase, creating an unprecedented opportunity to acquire a combined parcel of over five acres. This combined acreage significantly enhances the development potential and presents a unique chance to create a substantial project in a desirable location. The existing home provides immediate value and potential for temporary use or renovation. Serious inquiries are encouraged to act swiftly. The asking price for this remarkable property is $700,000.

    Property Features for 1361 Defense Hwy

    General Information

    Property type
    Other commercial real estate
    Square Feet
    1,974 SF
    Lot Size
    106,722 SF

    Building Details

    Year Built
    1950
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Gambrills
    County
    Anne Arundel
    State
    Maryland
    Longitude
    -76.67269
    Latitude
    38.99186

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    FAQs

    What type of property is this?
    Commercial real estate - 5+ Acre Potential, Spacious Home
    Where is this commercial real estate located?
    The property is located at 1361 Defense Hwy Gambrills, MD.
    What is the asking price?
    The asking price for this property is $700,000.
    (301) 854-2155
    Request Owner's contact information
    1361 Defense Hwy Gambrills, MD 21054
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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
    1361 Defense Hwy Gambrills, MD 21054
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