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    OFF-MARKET
    Commercial land

    124 Hess Frontage Rd, Grasonville, MD 21638-1201

    0.39 ac lot
    Entity Owned 4-yr Hold Free & Clear
    Property ID
    US40-0062027
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Tailmara LLC · 4 yrs held
    Tailmara LLC
    since 2021
    4 recorded transactions
    2021
    2019
    $22,000
    2015
    2004
    $5,600
    Zoning & alternative use
    UC · Grasonville, MD
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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