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    125 Prospect Dr Sunderland, MD 20689

    Sponsored
    For Sale
    $599,000

    6,500 SF Flex Space, Prime Location

    Property size:
    6,500 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 6,500 square foot industrial property, situated on a 2.07-acre lot in Sunderland, Maryland (zip code 20689), presents a unique investment opportunity. Located prominently along the Route 2/4 split in Calvert County, this flex space offers high visibility and exposure to over 32,000 daily commuters. The property is zoned I-1, perfect for light industrial operations, and boasts two loading docks. Existing engineering plans for a 6,500 square foot building are available, significantly streamlining the construction process. These plans encompass all aspects, from well and septic systems to stormwater management. While the previous permit has expired, renewal is possible, expediting the construction timeline. The asking price is $599,000, translating to $92.15 per square foot. This property benefits from its proximity to established businesses like Morgan E. Russell, Walton's Welding, and Scheibel Construction, solidifying its position within an existing industrial hub. The ample space allows for convenient parking and loading/unloading. This is a truly remarkable opportunity to capitalize on a prime location and readily available construction plans, minimizing development time and costs. The seller is offering owner financing. Contact us today to schedule a showing and review the detailed plans.

    Property Features for 125 Prospect Dr

    General Information

    Property type
    Distribution properties
    Square Feet
    6,500 SF
    Lot Size
    90,169 SF

    HighLights

    • 6,500 SF industrial property on a 2.07‑acre lot in Sunderland, MD (20689).
    • High‑visibility location on Route 2/4, Calvert County, with over 32,000 daily commuters.
    • I‑1 zoning suitable for light industrial use; features two loading docks.
    • Existing engineering plans (well, septic, stormwater) available, though permit expired, renewal possible.
    • Asking price: $599,000 ($92.15/SF); owner financing offered.
    Property Profile Location Intelligence

    Current Use by Public Records

    Manufacturing properties

    Map

    City
    Sunderland
    County
    Calvert
    State
    Maryland
    Longitude
    -76.6039819
    Latitude
    38.6579335

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    FAQs

    What type of property is this?
    Distribution property - 6,500 SF Flex Space, Prime Location
    Where is this distribution property located?
    The property is located at 125 Prospect Dr Sunderland, MD.
    What is the asking price?
    The asking price for this property is $599,000.
    What are key features of this property?
    This property features: 6,500 SF industrial property on a 2.07-acre lot in Sunderland, MD (20689).; High-visibility location on Route 2/4, Calvert County, with over 32,000 daily commuters.; I-1 zoning suitable for light industrial use; features two loading docks.
    Request Owner's contact information
    125 Prospect Dr Sunderland, MD 20689
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    Sunderland, MD 20689
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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
    125 Prospect Dr Sunderland, MD 20689
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