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Commercial Zoned Property on Route
For Sale
$979,900

490 Hallowing Point Rd, Prince Frederick, MD 20678

Two-acre commercial property with potential for various business uses.

Property SizeContact for details
Lot Size2.04 Acres
Days on Market165

Property Features for 490 Hallowing Point Rd

General Information

Standard status Active
Lot size 2.04 Acres
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $3,585

Building Details

Year Built 1930
Listing Agency: HUTCHINS PROPERTIES
Listed By: RYAN L HUTCHINS · License #658941
Source: Corcoran
Added: Feb 25 Changed: Aug 8 Last Checked: Aug 8 at 6:06AM

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 HUTCHINS PROPERTIES

Investment Insights

Based on property information with market context.

This is a rare opportunity to purchase a 2-acre commercially zoned property. The existing structure is a four-bedroom, one-bathroom home that could be converted for commercial office use. The best use of the property may be to clear and grade the 2-acre parcel for the construction of a convenience store, a retail commercial building with a drive-up facility, an eating establishment with a drive-up facility, a veterinary hospital, a home improvement center, a laundromat, a fitness center, or other possibilities. The property currently has an ingress/egress road off of Route 231, with the potential for a second ingress/egress road on Thoroughbred Drive, which has an established 4-way stop light.

Key Highlights

  • Zoned TC (Commercial) on 2 acres, offering diverse development opportunities.
  • Existing ingress/egress on Route 231.
  • Potential for a second ingress/egress road on Thoroughbred Drive with an established 4‑way stop light.

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Storage Facility Electrical Service Garden Center Building Supply Plumbing Service (Bike/Boat/Book/etc) Store

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

718
Businesses Nearby

Demographics for 20678, MD

12,818
Population
5,016
Households
2.6
Avg Household Size
39
Median Age
30%
College-Educated
93%
High-School Grad
44.9 sq mi
ZIP Area
285
Density / Sq Mi
$118,288
Median Household Income
$61,658
Median Earnings
$1,408
Median Rent
$428,100
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Two-acre commercial property with potential for various business uses.
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 $979,900.
What are key features of this property?
This property features: Zoned TC (Commercial) on 2 acres, offering diverse development opportunities.; Existing ingress/egress on Route 231.; Potential for a second ingress/egress road on Thoroughbred Drive with an established 4‑way stop light.
More about this property
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