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    Laurel Fort Meade Rd Laurel, MD 20724

    Sponsored
    For Sale
    $895,000

    1.27 Acres, Mixed Zoning, $895,000

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 1.27-acre commercial land parcel presents a unique investment opportunity in Laurel, Maryland. Located on Laurel Ft Meade Road, this property boasts approximately 500 feet of frontage on MD 198, providing excellent visibility and accessibility. Its strategic location is approximately 2,500 feet from the MD 2

    Property Features for 0 Laurel Fort Meade Rd

    General Information

    Property type
    Land
    Lot Size
    55,321 SF

    HighLights

    • $895,000 asking price for 1.27 acres of commercial land.
    • Mixed C4 (Highway Commercial) and W1B (Industrial Development) zoning allows for diverse uses including auto‑oriented, manufacturing, and research labs.
    • Located adjacent to an auto body shop.
    • Approximately 500 feet of frontage on MD 198, about 2,500 feet from MD 295 (Baltimore‑Washington Parkway) ramps.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Laurel
    County
    Anne Arundel
    State
    Maryland
    Longitude
    -76.7963736
    Latitude
    39.0955444

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    FAQs

    What type of property is this?
    Land - 1.27 Acres, Mixed Zoning, $895,000
    Where is this land located?
    The property is located at Laurel Fort Meade Rd Laurel, MD.
    What is the asking price?
    The asking price for this property is $895,000.
    What are key features of this property?
    This property features: $895,000 asking price for 1.27 acres of commercial land.; Mixed C4 (Highway Commercial) and W1B (Industrial Development) zoning allows for diverse uses including auto-oriented, manufacturing, and research labs.; Located adjacent to an auto body shop.
    (410) 258-4136
    Request Owner's contact information
    Laurel Fort Meade Rd Laurel, MD 20724
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    Laurel, MD 20724
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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
    Laurel Fort Meade Rd Laurel, MD 20724
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