Property summary
This 1,632 square foot mixed-use property, located at 719 MD Rt 3 N Ln in Gambrills, Maryland, 21054, presents a unique investment opportunity. The building, constructed in 1930, sits on a sizable 18,445 square foot lot and is zoned C2, offering considerable flexibility for a variety of commercial uses. Currently configured as residential space with a living room, formal dining room, full kitchen, three bedrooms, and one bathroom, the property requires renovations and cosmetic upgrades. This three-story building offers significant potential for redevelopment or repurposing to suit a wide range of business needs. Its prime location on the busy Route 3 highway ensures high visibility and accessibility, with convenient access to major highways. The asking price is $589,997, translating to $361.52 per square foot. This represents a strong value proposition for an investor seeking a property with significant upside potential in a desirable commercial zone. The solid structure provides a strong foundation for a future business venture. Don't miss this chance to acquire a property with excellent visibility and development potential in a thriving area.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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