Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
    New search
    Property profile & analytics
    OFF-MARKET
    Commercial real estate

    23595 Pike Ln, Hollywood, MD 20636

    4.06 ac lot Built 1969
    Individually Owned 3-yr Hold
    Property ID
    US40-1285864
    Property summary
    AI-generated overview

    This exceptional 4.06-acre property at 23595 Pike Lane in Hollywood, Maryland, presents a remarkable commercial development opportunity. Boasting approximately 580 feet of road frontage, this highly visible site is ideally positioned within a rapidly growing area, ensuring significant exposure for any commercial venture. The property's current zoning has been changed to RMX, unlocking a wide array of potential uses. Under the RMX zoning designation, developers can pursue a diverse range of projects, including apartments, office spaces, medical facilities, banking institutions, hotels, and numerous other commercial applications. The expansive acreage and prime location combine to create an unparalleled opportunity for investors and developers seeking to capitalize on the area's burgeoning growth. The existing residential structure on the property offers potential for adaptive reuse or demolition to make way for a new construction project. This versatile site is poised to become a landmark commercial development, offering significant returns for the discerning investor. The substantial road frontage ensures excellent accessibility and visibility, making it an attractive location for a variety of businesses. This is a rare chance to acquire a large parcel of land in a desirable location with flexible zoning, allowing for a wide range of development possibilities. Serious inquiries are encouraged.

    Property profile
    Verified
    Property type Commercial real estate
    Year built 1969
    Lot 4.06 ac (176,854 SF)
    UPID US40-1285864
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    State Of Maryland · 3 yrs held
    State Of Maryland
    since 2023
    1 recorded transaction
    2023
    $36,600
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Try Rey
    Ask anything about this address in plain English.
    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    You own 23595 Pike Ln?
    List it free. Reach 20,000 daily buyers.
    We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
    List this address →
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message