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    Central Ave Mayo, MD 21106

    For Lease
    $0.07 SF/Yr

    Prime 1-acre C-1 zoned lot, multiple uses.

    Lot size:
    43,560 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 1-acre property, located at the intersection of Central Avenue and Loch Haven in Anne Arundel County, offers unparalleled versatility. Zoned C-1, this flat, level, and cleared lot boasts excellent road exposure, making it highly visible to potential customers. The 43,560 square foot parcel is ideal for a wide range of commercial ventures. Consider this location for a traditional office building, medical office space, or even a thriving coworking facility. The property's zoning allows for a diverse array of uses, including but not limited to: restaurants, retail stores (such as a grocery, deli, or gift shop), pharmacies, churches, medical or dental practices, hair and nail salons, daycare centers, dog grooming businesses, and more. The existing single available space presents a unique opportunity for a business seeking a prominent location with high visibility. This property is also available for sale, offering a compelling investment opportunity for long-term growth. The combination of prime location, ample space, and flexible zoning makes this a truly exceptional commercial real estate prospect.

    Property Features for 0 Central Ave

    General Information

    Property type
    Coworking space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    43,560 SF
    Class
    A

    Unit(s) available at that property

    Space
    Size
    43,560 SF
    Rate per SF
    $0.07

    HighLights

    • One‑acre, C‑1 zoned lot, level and cleared, in Anne Arundel County.
    • 43,560 square feet of land with excellent road exposure.
    • Suitable for various uses including office, retail, and medical.
    • Available for sale or ground lease.
    • Multiple tenancy options available.
    • Class A property located at Central Ave & Loch Haven.
    Property Profile Location Intelligence

    Current Use by Public Records

    Coworking space

    Map

    City
    Mayo
    County
    Anne Arundel
    State
    Maryland
    Longitude
    -76.5119377
    Latitude
    38.8959538

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    FAQs

    What type of property is this?
    Coworking space - Prime 1-acre C-1 zoned lot, multiple uses.
    Where is this coworking space located?
    The property is located at Central Ave Mayo, MD.
    What is the lease rate?
    The lease rate is $0.07 SF/Yr.
    What are key features of this property?
    This property features: One-acre, C-1 zoned lot, level and cleared, in Anne Arundel County.; 43,560 square feet of land with excellent road exposure.; Suitable for various uses including office, retail, and medical.
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    Mayo, MD 21106
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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
    Central Ave Mayo, MD 21106
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