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    515 Washington Ave Chestertown, MD 21620

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    For Sale
    $899,000

    Prime commercial land suitable for retail, restaurant, or service uses.

    Lot size:
    0.97 Acres

    Property Features for 515 Washington Ave

    General Information

    Lot size
    0.97 Acres

    Building Details

    Year built
    1960

    Source: EShore Agent Franklin T Hogans Jr.

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Commercial Development Site on MD

    This commercial development site is located on busy MD Route 213, across from the new Starbucks and Washington College Campus. The property is approximately 1 acre and is zoned C-3. It is suitable for retail, restaurant, and service uses. Water and sewer are available.
    Insight Report Location Intelligence

    Current Use by Public Records

    Hogans Agency Inc: ... Insurance Agency Long George Insurance Agency Kaufman Jr Thompson Insurance Agency

    Suggested Use

    Law Firm Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Chestertown
    County
    Queen Anne's
    State
    Maryland
    Longitude
    -76.0679227
    Latitude
    39.2212199

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    FAQs

    What type of property is this?
    Commercial land - Prime commercial land suitable for retail, restaurant, or service uses.
    Where is this commercial land located?
    The property is located at 515 Washington Ave Chestertown, MD.
    What is the asking price?
    The asking price for this property is $899,000.
    What are key features of this property?
    This property features: - Prime location on busy MD Rte 213 across from new Starbucks and Washington College Campus.; - Commercial zoning (C-3) suitable for retail, restaurant, or service uses.; - Approximately 1 acre development site.
    (410) 778-7070
    Request Owner's contact information
    515 Washington Ave Chestertown, MD 21620
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    Chestertown, MD 21620
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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
    515 Washington Ave Chestertown, MD 21620
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