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    Md Rt 3 Crofton, MD 21054

    Sponsored
    For Sale
    $900,000

    High-visibility commercial land, excellent access.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This 0.97-acre commercial land parcel is strategically located on the west side of southbound Route 3 in Gambrills, Maryland, within Anne Arundel County (zip code 21054). Currently zoned C3 (General Commercial), this property offers a wide array of development possibilities. Its prime location ensures excellent visibility and accessibility for potential businesses. The existing zoning permits a broad range of commercial uses, making it an ideal site for a variety of developments. This property presents a unique opportunity for developers seeking a high-traffic location with significant potential for return on investment. Consider this parcel for a build-to-suit project or as a potential pad site for a new commercial venture. The asking price for this exceptional property is $900,000. Its location near Crofton further enhances its appeal and accessibility. The latitude and longitude coordinates are 39.014434 and -76.6971539 respectively. This is a rare opportunity to acquire a well-situated commercial land parcel in a thriving area.

    Property Features for 0 Md Rt 3

    General Information

    Property type
    Land
    Lot Size
    42,253 SF

    HighLights

    • West‑side Southbound RT 3 Gambrills location.
    • Zoning allows diverse commercial uses.
    • High visibility and convenient access.
    • Suitable for pad site development or build‑to‑suit opportunities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Crofton
    County
    Anne Arundel
    State
    Maryland
    Longitude
    -76.6971539
    Latitude
    39.014434

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    FAQs

    What type of property is this?
    Land - High-visibility commercial land, excellent access.
    Where is this land located?
    The property is located at Md Rt 3 Crofton, MD.
    What is the asking price?
    The asking price for this property is $900,000.
    What are key features of this property?
    This property features: West-side Southbound RT 3 Gambrills location.; Zoning allows diverse commercial uses.; High visibility and convenient access.
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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
    Md Rt 3 Crofton, MD 21054
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