21507 Queens Point Rd SW Westernport, MD 21562
For Sale
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This exceptional commercial property, located at 21507 Queens Point Road SW in Westernport, Maryland, presents a unique investment opportunity. The substantial brick building boasts approximately 14,852 square feet situated on a prominent 1.72-acre corner lot. Previously utilized as McCoole Elementary School, the building features a large auditorium with high ceilings, ideal for a variety of uses. Several classrooms have been converted into rentable storage units, generating current monthly income. The property benefits from a newer roof and ample parking, ensuring convenience for both occupants and visitors. Approximately three-quarters of the property is partially fenced, offering a degree of security. High traffic volume in the area ensures excellent visibility and accessibility. This versatile property is ready for your vision and offers significant potential for redevelopment or continued use as a multi-purpose commercial space. The expansive size and prime location make this an exceptional opportunity for a discerning investor or business owner seeking a substantial footprint in a thriving community. The existing rental income from the storage units provides immediate return on investment. Don't miss this chance to acquire a truly remarkable commercial property.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.