Commercial Land with C3
For Sale
$750,000
Pending
7940 E Park Dr, Glen Burnie, MD 21061
C3-zoned land with prior hotel planning and available stormwater and traffic studies for development-ready due diligence.
Property SizeContact for details
Days on Market768
Property Features for 7940 E Park Dr
General Information
Standard status
Pending
Property subtype
Land
Zoning
C3
Additional Details
Highway Access
Yes
Taxes and HOA fees
Annual Taxes
$8,612
Listing Agency:
The Real Estate Authority
(301) 990-8983
Listed By:
James F Schneider · License #95657
(301) 990-8983
Source:
Exprealty
Added: Jul 15, 2024
Changed: Aug 20
Last Checked: Aug 21 at 11:36AM
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 The Real Estate Authority
Investment Insights
Based on property information with market context.
This commercial land parcel includes an existing site plan dated 2008 for a proposed hotel, along with stormwater and traffic studies prepared in connection with that concept. Those documents can help streamline early planning and feasibility work for a new use within the applicable framework.
The property is described as having quick access to I-97 and Route 3, with many shops nearby. The combination of highway access and surrounding commercial activity may support a range of C3-appropriate development scenarios.
Zoned C3, the property is noted as allowing workforce housing and many other uses. Prospective buyers can review how their intended program aligns with the C3 zoning provisions, using the prior hotel site plan and related studies as reference material for planning, stormwater considerations, and traffic impacts. This is a practical option for developers and investors looking to evaluate a site with existing planning documentation and a flexible zoning designation.
The property is described as having quick access to I-97 and Route 3, with many shops nearby. The combination of highway access and surrounding commercial activity may support a range of C3-appropriate development scenarios.
Zoned C3, the property is noted as allowing workforce housing and many other uses. Prospective buyers can review how their intended program aligns with the C3 zoning provisions, using the prior hotel site plan and related studies as reference material for planning, stormwater considerations, and traffic impacts. This is a practical option for developers and investors looking to evaluate a site with existing planning documentation and a flexible zoning designation.
Key Highlights
- Land is zoned C3, allowing workforce housing and many other uses
- Includes prior 2008 site plan for a proposed hotel
- Available stormwater study for development‑related due diligence
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
383
Businesses Nearby
Explore this area
Business Placement
Demographics for 21061, MD
57,352
Population
23,196
Households
2.5
Avg Household Size
36
Median Age
26%
College-Educated
90%
High-School Grad
12.2 sq mi
ZIP Area
4,701
Density / Sq Mi
$86,081
Median Household Income
$48,429
Median Earnings
$1,661
Median Rent
$326,000
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - C3-zoned land with prior hotel planning and available stormwater and traffic studies for development-ready due diligence.
Where is this commercial land located?
The property is located at 7940 E Park Dr Glen Burnie, MD.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: Land is zoned C3, allowing workforce housing and many other uses; Includes prior 2008 site plan for a proposed hotel; Available stormwater study for development‑related due diligence
