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    2011 Crain Hwy Bowie, MD 20716

    Sponsored
    For Sale
    $600,000

    0.529-acre lot, high visibility, US Route 301.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 0.529-acre commercial land parcel, located at 2011 Crain Hwy in Bowie, Maryland, presents a unique development opportunity. Zoned R-R (Rural Residential), this property offers significant potential for various commercial ventures. The site boasts high visibility and impressive traffic counts, with 57,381 vehicles per day (VPD) reported in 2019 by MDSHA. Its strategic location on US Route 301 places it between the Trade Zone Business Park and Bowie Town Center/Gateway Center, providing convenient access to a thriving commercial area. The property's proximity to US Route 50 further enhances its accessibility. Previously a Gulf gas station, this 23,034 ± square foot lot offers a blank canvas for developers seeking a high-traffic location near amenities and public transportation in Prince George's County, Maryland, zip code 20716. The asking price is $600,000. This is an ideal opportunity for investors and developers looking to capitalize on a prime location in a growing area.

    Property Features for 2011 Crain Hwy

    General Information

    Property type
    Land
    Lot Size
    23,043 SF

    HighLights

    • 23,034± SF land parcel.
    • Former Gulf gas station site.
    • R‑R (Rural Residential) zoning.
    • US Route 301 frontage.
    • High visibility, 57,381 VPD (MDSHA 2019).
    • Minutes from US Route 50.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Bowie
    County
    Prince George's
    State
    Maryland
    Longitude
    -76.7173059
    Latitude
    38.918143

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    FAQs

    What type of property is this?
    Land - 0.529-acre lot, high visibility, US Route 301.
    Where is this land located?
    The property is located at 2011 Crain Hwy Bowie, MD.
    What is the asking price?
    The asking price for this property is $600,000.
    What are key features of this property?
    This property features: 23,034± SF land parcel.; Former Gulf gas station site.; R-R (Rural Residential) zoning.
    (301) 918-2954
    Request Owner's contact information
    2011 Crain Hwy Bowie, MD 20716
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    Bowie, MD 20716
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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
    2011 Crain Hwy Bowie, MD 20716
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