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    23531 Mervell Dean Rd Hollywood, MD 20636

    Sponsored
    For Sale
    $200,000

    Versatile Commercial Space, High Traffic Area

    Property size:
    3,360 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    339
    This exceptional 3,360 square foot property located at 23531 Mervell Dean Road in Hollywood, MD, presents a unique investment opportunity. Situated on a 0.28-acre lot, this Colonial-style building offers remarkable flexibility. Currently configured as a blend of residential and commercial space, it can easily be adapted to suit a variety of uses. The upper level boasts four bedrooms and two full bathrooms, ideal for residential use or as executive suites. The main level features adaptable rooms suitable for living areas, a dining room, family room, and kitchen, or alternatively, a flexible office layout. A full, unfinished basement provides ample storage or expansion potential. The property benefits from a highly desirable location with over 30,000 vehicles passing daily, ensuring excellent visibility and accessibility for any business. The asking price is $200,000, and the property is being sold in its "as is" condition. This presents a rare chance to acquire a versatile property in a high-traffic area, perfect for an owner-occupier or investor seeking a strong return. The combination of residential and commercial potential makes this a truly unique offering in the Hollywood, MD market. Don't miss this opportunity to secure a prime location with significant upside potential.

    Property Features for 23531 Mervell Dean Rd

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    3,360 SF
    Lot Size
    12,197 SF

    Building Details

    Year Built
    2005
    Property Profile Location Intelligence

    Current Use by Public Records

    Office Properties & Spaces

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Hollywood
    County
    St. Mary's
    State
    Maryland
    Longitude
    -76.53545
    Latitude
    38.31369

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    FAQs

    What type of property is this?
    Office Property / Space - Versatile Commercial Space, High Traffic Area
    Where is this office property / space located?
    The property is located at 23531 Mervell Dean Rd Hollywood, MD.
    What is the asking price?
    The asking price for this property is $200,000.
    (301) 862-2169
    Request Owner's contact information
    23531 Mervell Dean Rd Hollywood, MD 20636
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    Hollywood, MD 20636
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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
    23531 Mervell Dean Rd Hollywood, MD 20636
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