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    4821 St Leonard Rd Saint Leonard, MD 20685

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    For Sale
    $825,000

    Two commercial buildings in downtown St. Leonard with ample parking.

    Property Features for 4821 St Leonard Rd

    General Information

    Standard status
    Active

    Building Details

    Year built
    1948

    Source: RE/MAX ONE Agent PATTEE MCINERNEY

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

    Overview

    St. Leonard Commercial Buildings For Sale

    Located in downtown St. Leonard, this property features two commercial buildings with abundant natural light and ample parking. The current occupancy rate is 80%, with a cleaning company recently vacating an end unit. This presents a rare investment opportunity to acquire these two commercial buildings, with the potential for further development into commercial spaces due to their location within the town limits and adjacency to each other. The seller is open to holding some financing. Fully rented 2-year leases are set to commence on December 1, 2024.
    Location Intelligence

    Current Use by Public Records

    Shopping centers

    Map

    City
    Saint Leonard
    County
    Calvert
    State
    Maryland
    Longitude
    -76.5235
    Latitude
    38.4405

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    FAQs

    What type of property is this?
    Shopping center - Two commercial buildings in downtown St. Leonard with ample parking.
    Where is this shopping center located?
    The property is located at 4821 St Leonard Rd Saint Leonard, MD.
    What is the asking price?
    The asking price for this property is $825,000.
    What are key features of this property?
    This property features: - Discounted price when purchased with adjacent commercial building (4821 St. Leonard Rd, MLS#2017926) for $1,590,000.; - Rare investment opportunity including two commercial buildings, two homes, and a lot.; - Potential for commercial development of all five properties due to location within town limits and adjacency.
    (410) 535-6291
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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
    4821 St Leonard Rd Saint Leonard, MD 20685
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