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    1166 Crain Hwy Gambrills, MD 21054

    For Lease
    $19 SF/Yr

    Gambrills, MD: 1,817 SF Available

    Lot size:
    46,372 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional retail opportunity presents 1,817 square feet of vacant space within the established Princess Center Crofton shopping center, located at 1166 MD-3 (Crain Highway) in Gambrills, Maryland, zip code 21054. Situated in Anne Arundel County, this property offers prime visibility and accessibility along a major thoroughfare. The entire center encompasses 46,372 square feet, indicating a strong and established retail presence. The available space is part of a multi-tenant strip center, providing the benefit of shared customer traffic and synergistic businesses. This lower-level space is ideal for a variety of retail uses, offering a high-traffic location with ample parking for customers. The property's location in Gambrills provides access to a significant residential population and convenient access to major transportation routes. This is a rare opportunity to secure a well-positioned retail space in a thriving commercial center. The 1,817 square feet offers flexibility for various business models and provides a strong foundation for growth. Serious inquiries are encouraged to explore this promising retail investment. The property is classified as Retail, Subtype Strip Center, with Multiple Tenancies.

    Property Features for 1166 Crain Hwy

    General Information

    Property type
    Neighborhood centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    46,372 SF
    Total Rate
    73422.33

    Unit(s) available at that property

    Space
    Suite 109
    Size
    1,817 SF
    Rate per SF
    $19

    HighLights

    • Prime retail space in the established Princess Center Crofton shopping center.
    • High visibility from MD‑3 (Crain Highway), with over 75,000 vehicles passing daily.
    • Located near Blue Dolphin Seafood Bar & Grill, and other major retailers and restaurants.
    • Strategically positioned between Baltimore and Washington, D.C.
    • Ample surface parking available.
    • C3 zoning in Anne Arundel County.
    Property Profile Location Intelligence

    Current Use by Public Records

    Neighborhood centers

    Suggested Use

    Restaurant Law Firm Building Supply Spa & Massage Dental Office Auto Repair Shop Hair Salon Nail Salon Gym & Fitness Kitchen & Bath

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

    Location Insight

    • Map
    • Local Demand
    City
    Gambrills
    County
    Anne Arundel
    State
    Maryland
    Longitude
    -76.696762
    Latitude
    39.0208992

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    FAQs

    What type of property is this?
    Neighborhood center - Gambrills, MD: 1,817 SF Available
    Where is this neighborhood center located?
    The property is located at 1166 Crain Hwy Gambrills, MD.
    What is the lease rate?
    The lease rate is $19 SF/Yr.
    What are key features of this property?
    This property features: Prime retail space in the established Princess Center Crofton shopping center.; High visibility from MD-3 (Crain Highway), with over 75,000 vehicles passing daily.; Located near Blue Dolphin Seafood Bar & Grill, and other major retailers and restaurants.
    Request Owner's contact information
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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
    1166 Crain Hwy Gambrills, MD 21054
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