Property profile

124 Hess Frontage Rd Grasonville, MD 21638

OFF-MARKET
Commercial land
Property ID
US40-0062027
0.39 ac lot
Entity Owned 5-yr Hold Free & Clear
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional .39-acre commercial lot presents a remarkable opportunity for businesses seeking high visibility and convenient access. Situated at 124 Hess Frontage Road in Grasonville, Maryland, this property boasts an unparalleled location just before the Route 50/301 split, ensuring significant exposure to a substantial daily traffic volume. The lot's strategic placement provides easy access from Route 50 Eastbound, maximizing its potential for attracting customers. Zoned for urban commercial use, this versatile property offers a wide range of development possibilities. Proximity to the Emergency Center and The Village at Slippery Hill further enhances its appeal and accessibility. The property's dimensions include 50-foot front setbacks, and 10-foot side and rear setbacks. Potential buyers are advised to contact the county for detailed information regarding permitted uses and sewer availability. This is an exceptional chance to establish a thriving business in a high-traffic area with excellent visibility. Don't miss this opportunity to secure a prime commercial location in a rapidly growing area. Priced at $125,000.

Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 0.39 ac (17,020 SF)
Zoning code UC
APN 05-018315
UPID US40-0062027

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

124 Hess Frontage Rd Grasonville, MD 21638-1201
Grasonville metro Census 810700 BALTIMORE-TOWSON, MD METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$245k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$245k

Owner & transaction history

since 2021
4 recorded transactions
2021
Price N/A
2019
$22,000
2015
Price N/A
2004
$5,600

Zoning & alternative use

UC · Grasonville, MD

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 124 Hess Frontage Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message