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    OFF-MARKET
    Office Spaces

    719 Md Rt 3 Ln, Gambrills, MD 21054

    1,632 SF Built 1930
    Property ID
    Property summary
    AI-generated overview

    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
    Verified
    Property type Office Spaces
    Year built 1930
    Total area 1,632 SF
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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