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    840 Market St Westminster, MD 21157

    Sponsored
    For Lease
    Contact for pricing

    Prime 1-Acre Commercial Land for Lease

    Lot size:
    43,560 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 1-acre commercial land parcel, located at 840 Market St in Westminster, Maryland, presents a unique investment opportunity. Situated in Carroll County, this single-tenant property offers significant potential for development. The expansive 43,560 square foot lot provides ample space for a variety of commercial uses. Its strategic location in Westminster, MD, zip code 21157, ensures high visibility and accessibility, making it an ideal site for businesses seeking a prominent presence in a thriving community. The property's classification as commercial land allows for a wide range of development possibilities, subject to local zoning regulations. This is a rare opportunity to acquire a sizable, well-positioned parcel in a desirable Maryland market. The property's single-tenant designation simplifies leasing and management, offering a streamlined approach to ownership. Interested parties are encouraged to conduct their own due diligence regarding zoning and permitted uses. This property is offered for lease and represents a compelling investment prospect for discerning commercial developers. The latitude and longitude coordinates are 39.5631304 and -76.965382 respectively. Further details are available upon request.

    Property Features for 840 Market St

    General Information

    Property type
    Land
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    43,560 SF

    Unit(s) available at that property

    Space
    Available Space
    Size
    43,560 SF

    HighLights

    • 1‑acre commercial land parcel in Westminster, MD (approx. 43,560 sq ft).
    • 10,074 AAWDT (Average Annual Weekday Daily Traffic) frontage.
    • No co‑tenants.
    Property Profile Location Intelligence

    Current Use by Public Records

    SEPHORA at Kohl's Cosmetics Store Kohl's Department Store

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Westminster
    County
    Carroll
    State
    Maryland
    Longitude
    -76.965382
    Latitude
    39.5631304

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    FAQs

    What type of property is this?
    Land - Prime 1-Acre Commercial Land for Lease
    Where is this land located?
    The property is located at 840 Market St Westminster, MD.
    What are key features of this property?
    This property features: 1-acre commercial land parcel in Westminster, MD (approx. 43,560 sq ft).; 10,074 AAWDT (Average Annual Weekday Daily Traffic) frontage.; No co-tenants.
    Request Owner's contact information
    840 Market St Westminster, MD 21157
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    Westminster, MD 21157
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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
    840 Market St Westminster, MD 21157
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