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    1808 Crain Hwy Bowie, MD 20716

    Sponsored
    For Sale
    $3,400,000

    4+ Acres, CGO/CM Zoning, High Traffic

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    Prime 4+ acre commercial development site in Bowie, MD, boasting a coveted CGO/CM zoning designation. This exceptional property enjoys a highly visible corner location at the lighted intersection of Crain Highway (Route 301) and Mitchellville Road, offering over 770 linear feet of frontage on Crain Highway's heavily trafficked southbound lane. Daily traffic counts exceed 52,000 vehicles, providing unparalleled exposure for any commercial venture. The site's strategic placement within the Pointer Ridge Mixed-Use Activity Center ensures convenient access to major residential communities via Mitchellville Road and Queen Anne Bridge Road, creating a natural intercept location for retail, office, entertainment, and dining establishments. This location offers businesses the advantage of capturing customers heading home or seeking convenient amenities along their route. The property's accessibility and high visibility make it an ideal investment opportunity for developers seeking to capitalize on the robust growth and demand in the Bowie area. The asking price is $3,400,000.

    Property Features for 1808 Crain Hwy

    General Information

    Property type
    Land
    Lot Size
    174,240 SF

    HighLights

    • $3,400,000 asking price.
    • 4‑acre development site in Bowie, Maryland.
    • CGO/CM zoning.
    • Located at the highly visible intersection of Crain Highway and Mitchellville Road, offering excellent visibility and accessibility.
    • 770+ linear feet of frontage on Crain Highway.
    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
    Bowie
    County
    Prince George's
    State
    Maryland
    Longitude
    -76.718027
    Latitude
    38.9151068

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    FAQs

    What type of property is this?
    Land - 4+ Acres, CGO/CM Zoning, High Traffic
    Where is this land located?
    The property is located at 1808 Crain Hwy Bowie, MD.
    What is the asking price?
    The asking price for this property is $3,400,000.
    What are key features of this property?
    This property features: $3,400,000 asking price.; 4-acre development site in Bowie, Maryland.; CGO/CM zoning.
    Request Owner's contact information
    1808 Crain Hwy 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
    1808 Crain Hwy Bowie, MD 20716
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