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    3700-3704 Main St Grasonville, MD 21638

    Sponsored
    For Sale
    $799,000

    High-visibility retail land, redevelopment potential.

    Property size:
    21,233 SF

    Description

    Added:
    Feb 13, 2025
    Days on Market:
    328
    This exceptional commercial property, located at 3700-3704 Main St in Grasonville, Maryland, presents a compelling investment opportunity. Priced at $799,000, this 0.6-acre lot boasts two buildings totaling 21,233 square feet, constructed in 1958. The property's prime location offers high visibility and direct access to US 50, ensuring significant traffic exposure. Currently configured as retail space, this property presents great existing revenue prospects. However, its considerable size and strategic location also offer tremendous redevelopment potential, opening doors to a wide array of alternative uses. The property's Class C designation reflects its existing condition, providing an opportunity for value enhancement through renovation or repurposing. An adjoining 8-acre non-commercial parcel is also available for purchase, presenting a unique opportunity to expand the property's footprint and potential. This property is ideal for investors seeking a high-visibility location with significant upside potential in a growing Maryland market. The zip code is 21638, and the property is situated in Queen Anne's County.

    Property Features for 3700-3704 Main St

    General Information

    Property type
    Land
    Square Feet
    21,233 SF
    Class
    C
    Lot Size
    26,136 SF

    Building Details

    Year Built
    1958
    Buildings
    2

    HighLights

    • Asking price: $799,000
    • Retail and land property totaling 21,233 square feet, Class C construction, built in 1958, with two buildings on a 0.6‑acre lot.
    • High visibility location with direct US 50 access.
    • Strong existing revenue potential and significant redevelopment opportunities.
    • Adjacent 8‑acre parcel available separately.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Grasonville
    County
    Queen Anne's
    State
    Maryland
    Longitude
    -76.2216496
    Latitude
    38.9640853

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    FAQs

    What type of property is this?
    Land - High-visibility retail land, redevelopment potential.
    Where is this land located?
    The property is located at 3700-3704 Main St Grasonville, MD.
    What is the asking price?
    The asking price for this property is $799,000.
    What are key features of this property?
    This property features: Asking price: $799,000; Retail and land property totaling 21,233 square feet, Class C construction, built in 1958, with two buildings on a 0.6-acre lot.; High visibility location with direct US 50 access.
    Request Owner's contact information
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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
    3700-3704 Main St Grasonville, MD 21638
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