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    22750 Washington St Leonardtown, MD 20650

    For Sale
    $325,000

    Prime Location, Development Ready

    Property size:
    6,969 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    309
    This exceptional 0.19-acre commercial pad site, located at 22750 Washington Street in the heart of Leonardtown, Maryland, presents a unique investment opportunity. Boasting 6,969 square feet of approved space, this property is ideally suited for a mixed-use development. The approved uses encompass a diverse range of possibilities, including office space, retail establishments, restaurants, and residential units, offering significant flexibility for developers and investors. Its central Leonardtown location ensures high visibility and accessibility, providing convenient access to local amenities, businesses, and a thriving community. The site's zoning allows for a variety of development options, making it an attractive prospect for those seeking to capitalize on the area's growth potential. This property represents a rare chance to acquire a strategically positioned pad site in a desirable location, ready for immediate development. The asking price of $325,000 reflects the significant value and potential this property offers. Serious inquiries are encouraged to explore the possibilities and secure this prime commercial real estate asset. Detailed site plans and zoning information are available upon request. Don't miss this opportunity to establish a thriving business or residential development in the heart of Leonardtown.

    Property Features for 22750 Washington St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    6,969 SF
    Lot Size
    8,276 SF
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Building Supply Law Firm Wholesale Shop Spa & Massage Dental Office Auto Repair Shop Hair Salon Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Leonardtown
    County
    SAINT MARYS
    State
    Maryland
    Longitude
    -76.63503
    Latitude
    38.29216

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    FAQs

    What type of property is this?
    Commercial real estate - Prime Location, Development Ready
    Where is this commercial real estate located?
    The property is located at 22750 Washington St Leonardtown, MD.
    What is the asking price?
    The asking price for this property is $325,000.
    (301) 862-2169
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    22750 Washington St Leonardtown, MD 20650
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    Leonardtown, MD 20650
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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
    22750 Washington St Leonardtown, MD 20650
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