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Property profile & analytics
OFF-MARKET
Commercial land

22780 Washington St Leonardtown, MD 20650-3948

0.46 ac lot
Entity Owned 19-yr Hold ~ Est. High Equity
Property ID
US40-0490612
Property summary
AI-generated overview

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 profile
Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 0.46 ac (20,051 SF)
APN 03-012506
UPID US40-0490612
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
208 Washington Street LLC · 19 yrs held
208 Washington Street LLC
since 2007
7 recorded transactions
2016
Price N/A
2007
$105,000
2007
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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