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    Great Ml Rd & Chancellors Run Rd Lexington Park, MD 20653

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    For Lease
    Contact for pricing

    9,342 SF Retail Space - New Development

    Lot size:
    9,342 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 9,342 square foot retail space presents a unique investment opportunity in Lexington Park, Maryland. Currently entirely vacant, this new development is slated for completion in the second quarter of 2023, offering immediate occupancy for a single tenant or the potential for multiple tenants within a mixed-use configuration. Strategically located at the intersection of Great Mills Road and Chancellors Run Road in St. Mary's County, the property boasts exceptional visibility and accessibility from Great Mills Road. Its prime location offers significant advantages, situated near a substantial population base. The property benefits from its proximity to Great Mills High School (1,713 students) and St. Mary's College of Maryland (1,488 students), ensuring a consistent flow of potential customers. Furthermore, its less than ten-minute drive from the Patuxent River Naval Air Station (over 20,000 employees) provides access to a large and stable workforce. This presents a compelling opportunity for businesses seeking a high-traffic location within a thriving community. The entire 9,342 square feet is available for lease, providing flexibility for various retail concepts. Don't miss this chance to establish your business in a rapidly growing area with strong demographics and convenient access to major transportation routes. Contact us today to learn more about this exciting opportunity.

    Property Features for 0 Great Ml Rd & Chancellors Run Rd

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    9,342 SF

    Unit(s) available at that property

    Space
    Available Space
    Size
    9,342 SF

    HighLights

    • 9,342 square foot retail space available Q2 2023.
    • Located at Great Mills Rd & Chancellors Run Rd, Lexington Park, MD.
    • High visibility and accessibility; near Great Mills High School & St. Mary's College of Maryland.
    • Less than 10‑minute drive from Patuxent River Naval Air Station.
    • Entire space available for lease; rental rate and net charges to be determined.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Lexington Park
    County
    St. Mary's
    State
    Maryland
    Longitude
    -76.4884163
    Latitude
    38.2495075

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    Nearby Similar for Lease

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    FAQs

    What type of property is this?
    Retail property - 9,342 SF Retail Space - New Development
    Where is this retail property located?
    The property is located at Great Ml Rd & Chancellors Run Rd Lexington Park, MD.
    What are key features of this property?
    This property features: 9,342 square foot retail space available Q2 2023.; Located at Great Mills Rd & Chancellors Run Rd, Lexington Park, MD.; High visibility and accessibility; near Great Mills High School & St. Mary's College of Maryland.
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    Great Ml Rd & Chancellors Run Rd Lexington Park, MD 20653
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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
    Great Ml Rd & Chancellors Run Rd Lexington Park, MD 20653
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