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8.60 Acres Zoned Mixed-Use
For Sale
$279,000
Pending

515 OTSEGO St, Perryville, MD 21903

8.60 acres zoned for single family and mixed-use development.

Property SizeContact for details
Lot Size8.60 Acres
Days on Market155

Property Features for 515 OTSEGO St

General Information

Standard status Pending
Lot size 8.60 Acres
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $2,478

Building Details

Year Built 1956
Listing Agency: RE/MAX Chesapeake
Listed By: Wanda L Jackson · License #57262
Source: Elliman
Added: Mar 11 Changed: Aug 8 Last Checked: Aug 8 at 6:22AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX Chesapeake

Investment Insights

Based on property information with market context.

This 8.60-acre property is zoned 4-2 Single Family Residential & TC Town Center Mixed-Use and is available for sale or lease. Public water and sewer services are available. Existing improvements include a 30 x 30 wash bay and lube bay formerly operated by NEFF Oil Co., as well as an office and apartment, which are currently unoccupied and sold "As IS". A Maryland Department of the Environment "Notice of Compliance Letter" is available. Additional zoning information can be found on the Town of Perryville website.

Key Highlights

  • 8.60 Acres Zoned 4‑2 Single Family Residential & TC Town Center Mixed‑Use
  • Public Water and Sewer
  • 30 x 30 Wash Bay & Lube Bay

Property Analytics

Current Use

New Victory Christian ... Church

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Nail Salon Grocery & Convenience Store Bakery

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

151
Businesses Nearby

Demographics for 21903, MD

5,835
Population
2,451
Households
2.4
Avg Household Size
43
Median Age
22%
College-Educated
92%
High-School Grad
12.7 sq mi
ZIP Area
459
Density / Sq Mi
$77,500
Median Household Income
$52,520
Median Earnings
$1,053
Median Rent
$271,700
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - 8.60 acres zoned for single family and mixed-use development.
Where is this commercial land located?
The property is located at 515 OTSEGO St Perryville, MD.
What is the asking price?
The asking price for this property is $279,000.
What are key features of this property?
This property features: 8.60 Acres Zoned 4‑2 Single Family Residential & TC Town Center Mixed‑Use; Public Water and Sewer; 30 x 30 Wash Bay & Lube Bay
More about this property
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