Property profile

719 Md Rt 3 Ln Gambrills, MD 21054

OFF-MARKET
Office Spaces
1,632 SF Built 1930
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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

Location

719 Md Rt 3 Ln Gambrills, MD 21054
Gambrills metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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