Brodbeck Rd, Hampstead, MD 21074
This exceptional 7.06-acre property presents a remarkable mixed-use development opportunity in Hampstead, MD. Its strategic location directly adjacent to a Walmart ensures high visibility and convenient access for potential businesses. The land comprises approximately 2 acres zoned Commercial (C-3) and the remaining acreage zoned Residential (R-40), offering flexibility in development plans. The C-3 zoning allows for a wide array of commercial uses, including but not limited to: feed and grain sales, service and repair shops, fuel stations, vehicle sales lots, contractor storage yards, self-storage facilities, warehouse/distribution centers, business parks, distilleries, micro-breweries, printing shops, general retail establishments, restaurants, and professional offices. Infrastructure is already partially in place, with completed percolation testing for private septic systems (with the possibility of public sewer connection) and a high-yield production well already drilled on the C-3 portion of the property. The property boasts approximately 1000 feet of road frontage, providing ample site distance and excellent visibility for any development. This prime location and versatile zoning make this an unparalleled opportunity for investors seeking a high-impact commercial project. The property is priced at $795,500.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.