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    8450 Elvaton Rd Millersville, MD 21108

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    For Sale
    Contact for pricing

    3.1-Acre Development Site, Prime Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 3.1-acre commercial land parcel presents a unique development opportunity in Millersville, Maryland. Situated at the intersection of Elvaton Road and Jumpers Hole Road, with convenient proximity to Route 2, this property boasts a highly desirable location with excellent visibility and accessibility. The Anne Arundel County address, 8450 Elvaton Road, zip code 21108, offers a strategic advantage for various commercial ventures. The zoning permits a wide range of uses, making it suitable for diverse development plans. Potential commercial applications include restaurants, childcare facilities, pharmacies, and professional office spaces. Additionally, the site's zoning also allows for residential development, such as multifamily dwellings or townhouses, providing flexibility for mixed-use projects. A previous engineering report is available for review, providing valuable insights into the site's characteristics and potential development considerations. This prime location and versatile zoning make this 3.1-acre parcel an exceptional investment opportunity for developers seeking a high-impact project in a thriving Maryland community. The property's latitude and longitude coordinates are 39.120567 and -76.58932 respectively. This is a rare chance to acquire a significant land holding in a rapidly growing area.

    Property Features for 8450 Elvaton Rd

    General Information

    Property type
    Land

    HighLights

    • 3.1‑acre commercial land parcel in Millersville, MD, at the intersection of Elvaton and Jumpers Hole Roads (near Route 2).
    • Zoned for a variety of commercial and residential uses, including restaurants, childcare, pharmacies, offices, multifamily, and townhouses.
    • Previous engineering report available.
    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
    Millersville
    County
    Anne Arundel
    State
    Maryland
    Longitude
    -76.58932
    Latitude
    39.120567

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    FAQs

    What type of property is this?
    Land - 3.1-Acre Development Site, Prime Location
    Where is this land located?
    The property is located at 8450 Elvaton Rd Millersville, MD.
    What are key features of this property?
    This property features: 3.1-acre commercial land parcel in Millersville, MD, at the intersection of Elvaton and Jumpers Hole Roads (near Route 2).; Zoned for a variety of commercial and residential uses, including restaurants, childcare, pharmacies, offices, multifamily, and townhouses.; Previous engineering report available.
    Request Owner's contact information
    8450 Elvaton Rd Millersville, MD 21108
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    Millersville, MD 21108
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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
    8450 Elvaton Rd Millersville, MD 21108
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