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Property profile & analytics
OFF-MARKET
Commercial real estate

22750 Washington St Leonardtown, MD 20650

1,020 SF 0.19 ac lot Built 1960
Entity Owned 19-yr Hold ~ Est. High Equity
Property ID
US40-1258508
Property summary
AI-generated overview

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 profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1960
Total area 1,020 SF
Lot 0.19 ac (8,188 SF)
Zoning code C-G
APN 03-007421
UPID US40-1258508
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
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
22750 Washington St LLC · 19 yrs held
22750 Washington St LLC
since 2006
6 recorded transactions
2016
Price N/A
2006
$145,000
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
C-G · Leonardtown, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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