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    1423 Dorsey Rd Hanover, MD 21076

    Sponsored
    For Lease
    Contact for pricing

    3.5 Acres C2 Zoned Land for Development

    Lot size:
    152,460 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 3.5-acre commercial land parcel presents a prime development opportunity, ideally situated at the intersection of Arundel Mills Boulevard and Dorsey Road. Zoned C2, this property offers significant potential for a variety of commercial uses, including retail establishments, daycare centers, car washes, and hotels. Its strategic location provides unparalleled access to a high-traffic area, boasting proximity to major thoroughfares and significant consumer draw. The site is conveniently located just half a mile from the bustling Arundel Mills Mall and Maryland Live! Casino, ensuring high visibility and accessibility for any future development. The expansive lot size allows for substantial building plans, catering to a wide range of commercial ventures. This is a rare chance to acquire a well-positioned commercial land parcel in a thriving market, offering substantial returns on investment for the discerning developer. The property is offered as a single-tenant site, providing flexibility and control over development. Given its location and zoning, this property represents a unique and compelling investment opportunity. Serious inquiries are encouraged to explore the full potential of this exceptional commercial land offering.

    Property Features for 1423 Dorsey Rd

    General Information

    Property type
    Land
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    152,460 SF

    Unit(s) available at that property

    Space
    Size
    152,460 SF

    HighLights

    • 3.5‑acre commercial land parcel zoned C2.
    • Located at the intersection of Arundel Mills Blvd and Dorsey Rd.
    • Excellent development opportunity, 0.5 miles from Arundel Mills Mall and Maryland Live! Casino.
    • Suitable for various uses including retail, daycare, car wash, and hotel.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Hanover
    County
    Anne Arundel
    State
    Maryland
    Longitude
    -76.71637
    Latitude
    39.160327

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    FAQs

    What type of property is this?
    Land - 3.5 Acres C2 Zoned Land for Development
    Where is this land located?
    The property is located at 1423 Dorsey Rd Hanover, MD.
    What are key features of this property?
    This property features: 3.5-acre commercial land parcel zoned C2.; Located at the intersection of Arundel Mills Blvd and Dorsey Rd.; Excellent development opportunity, 0.5 miles from Arundel Mills Mall and Maryland Live! Casino.
    Request Owner's contact information
    1423 Dorsey Rd Hanover, MD 21076
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    Hanover, MD 21076
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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
    1423 Dorsey Rd Hanover, MD 21076
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