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    915 St Stephens Church Rd Gambrills, MD 21054

    Sponsored
    For Sale
    Contact for pricing

    Prime 8.7-acre commercial land, fully permitted for assisted living.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 8.7-acre parcel located at 915 St. Stephens Church Rd, Gambrills, Maryland 21054, presents a remarkable development opportunity. Situated in Anne Arundel County, this property boasts pre-approved plans and building permits for a 75-unit assisted living facility. The existing plans are adaptable, allowing for potential modifications to increase the unit count and refine the design to meet specific needs. Its strategic location offers immediate access to MD Route 3/Crain Highway, ensuring excellent connectivity and accessibility. The property benefits from its proximity to the thriving Waugh Chapel Town Center and Village, providing residents with convenient access to shopping, dining, and entertainment. This prime location within a superb neighborhood makes it an ideal site for a high-demand senior living community. The 8.7 acres provide ample space for development, and the existing approvals significantly streamline the construction process. This is a rare opportunity to capitalize on the growing demand for senior care facilities in a highly desirable area. The property's location in a growth area ensures strong potential for long-term appreciation and a high return on investment. All necessary permits are in place, making this a turn-key project ready for immediate development.

    Property Features for 915 St Stephens Church Rd

    General Information

    Property type
    Land
    Lot Size
    378,972 SF

    HighLights

    • High‑growth area near Waugh Chapel Town Center & Village
    • 8.7‑acre site with approved plans for a 75‑unit assisted living facility (potential for expansion)
    • Excellent access to MD Route 3/Crain Highway
    • Desirable neighborhood location
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Gambrills
    County
    Anne Arundel
    State
    Maryland
    Longitude
    -76.6657607
    Latitude
    39.04224

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    FAQs

    What type of property is this?
    Land - Prime 8.7-acre commercial land, fully permitted for assisted living.
    Where is this land located?
    The property is located at 915 St Stephens Church Rd Gambrills, MD.
    What are key features of this property?
    This property features: High-growth area near Waugh Chapel Town Center & Village; 8.7-acre site with approved plans for a 75-unit assisted living facility (potential for expansion); Excellent access to MD Route 3/Crain Highway
    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
    915 St Stephens Church Rd Gambrills, MD 21054
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