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    490 Hallowing Point Rd Prince Frederick, MD 20678

    For Sale
    $1,100,000

    Two-acre commercial land parcel suitable for various development projects.

    Lot size:
    2.04 Acres

    Property Features for 490 Hallowing Point Rd

    General Information

    Lot size
    2.04 Acres

    Building Details

    Year built
    1930

    Source: Hutchins Properties Agent Ryan L Hutchins

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

    Overview

    Commercial Land with Development Potential

    This property offers a rare opportunity to purchase 2 acres of commercially zoned TC land. An existing four-bedroom, one-bathroom home is located on the property and could be converted for commercial office use. The best use of the land may be to clear and grade the 2-acre parcel for the construction of a convenience store, retail commercial building with drive-up facility, eating establishment with drive-up facility, veterinary hospital, home improvement center, laundromat, or fitness center. The property currently has ingress and egress access from Route 231, with potential for a second ingress and egress road on Thoroughbred Drive, which features an established 4-way stop light.
    Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Prince Frederick
    County
    Calvert
    State
    Maryland
    Longitude
    -76.5903435
    Latitude
    38.5353778

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    FAQs

    What type of property is this?
    Commercial land - Two-acre commercial land parcel suitable for various development projects.
    Where is this commercial land located?
    The property is located at 490 Hallowing Point Rd Prince Frederick, MD.
    What is the asking price?
    The asking price for this property is $1,100,000.
    What are key features of this property?
    This property features: - 2 acres of Commercial Zoned TC property; - Potential for various commercial developments (Convenience Store, Retail, Restaurant, etc.); - Existing 4 bed/1 bath home convertible to commercial office space
    (410) 610-7760
    Request Owner's contact information
    490 Hallowing Point Rd Prince Frederick, MD 20678
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    Prince Frederick, MD 20678
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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
    490 Hallowing Point Rd Prince Frederick, MD 20678
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