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    22780 Washington St Leonardtown, MD 20650

    Sponsored
    For Sale
    $425,000

    Prime Commercial Land, Historic District, Approved Plans

    Property size:
    17,894 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional 0.46-acre commercial pad site presents a unique investment opportunity in the heart of historic Leonardtown, Maryland. Located at 22780 Washington Street, this property boasts a total area of 17,894 square feet and offers significant development potential. The site has already received approval for mixed-use development, providing a streamlined path to construction. This flexibility allows for the creation of either a substantial 7,800 square foot office building or a more residential-focused 4,500 square foot dwelling. Detailed site plans are readily available for inspection, providing comprehensive information on the property's layout, utilities, and zoning compliance. The property's location within Leonardtown's historic district offers excellent visibility and accessibility, making it an ideal location for a variety of commercial or residential ventures. This is a rare chance to acquire a fully approved development site in a desirable and thriving community. The asking price for this exceptional property is $425,000. Don't miss this opportunity to secure a prime piece of real estate in a sought-after location. Contact us today to schedule a viewing and explore the possibilities.

    Property Features for 22780 Washington St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    17,894 SF
    Lot Size
    20,038 SF
    Property Profile 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
    -76.63487
    Latitude
    38.29286

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    FAQs

    What type of property is this?
    Commercial real estate - Prime Commercial Land, Historic District, Approved Plans
    Where is this commercial real estate located?
    The property is located at 22780 Washington St Leonardtown, MD.
    What is the asking price?
    The asking price for this property is $425,000.
    (301) 862-2169
    Request Owner's contact information
    22780 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
    22780 Washington St Leonardtown, MD 20650
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