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    29321 Backtown Rd Trappe, MD 21673

    Sponsored
    For Sale
    $2,499,000

    Rare Light Industrial Zoned Property, High Rental Income

    Property size:
    9,928 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional investment opportunity presents a unique chance to acquire one of only two light industrial zoned parcels in the desirable Town of Trappe, Maryland. Situated on a generous 3.34-acre lot, this property enjoys a prime location just 1000 feet from US Route 50 and less than half a mile from the expansive Lakeside development, ensuring high visibility and convenient access. The property comprises four versatile multi-use buildings, totaling nearly 10,000 square feet, currently housing 14 leased rental units, generating a consistent income stream. The existing buildings offer significant potential for further development and customization to meet diverse tenant needs. An added advantage is the availability of an option to construct an additional 3,200 square foot unit, expanding the property's income potential and overall utility. Located within town limits, the property benefits from the convenience of private septic and well services, eliminating reliance on municipal infrastructure. The combination of its size, zoning, location, and existing rental income makes this a truly rare and compelling investment opportunity in Talbot County, where commercial properties of this scale are seldom available. Don't miss this chance to secure a valuable asset in a thriving market.

    Property Features for 29321 Backtown Rd

    General Information

    Property type
    Other commercial real estate
    Square Feet
    9,928 SF
    Lot Size
    145,490 SF

    Building Details

    Year Built
    1995
    Property Profile Location Intelligence

    Current Use by Public Records

    Chesapeake Custom Graphics ... Vehicle Wrapping Service M.S. Machine Maryland Machine Shop Brown Dog Marine Boat Repair Shop

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Auto Repair Shop Hair Salon Clothing Store Nail Salon Auto Parts Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Trappe
    County
    Talbot
    State
    Maryland
    Longitude
    -76.05998
    Latitude
    38.67251

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    FAQs

    What type of property is this?
    Commercial real estate - Rare Light Industrial Zoned Property, High Rental Income
    Where is this commercial real estate located?
    The property is located at 29321 Backtown Rd Trappe, MD.
    What is the asking price?
    The asking price for this property is $2,499,000.
    (410) 822-6272
    Request Owner's contact information
    29321 Backtown Rd Trappe, MD 21673
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    Trappe, MD 21673
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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
    29321 Backtown Rd Trappe, MD 21673
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