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    & Chesapeake Overlook Pky Perrylawn Dr Port Deposit, MD 21903

    • Land
    • 30.00 lot acres
    For Lease
    View listing
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for & Chesapeake Overlook Pky Perrylawn Dr

    Lot size
    30.00 lot acres
    Property type
    Land

    Description

    This exceptional 30-acre commercial land parcel, known as Chesapeake Overlook, presents a unique investment opportunity in Perryville, Maryland. Strategically located adjacent to Interstate 95, this property enjoys unparalleled visibility and accessibility. The site is zoned CEMUD in Cecil County and offers seven ready-to-develop pad sites, ideal for a variety of commercial uses. The location benefits significantly from the proximity to the largest Great Wolf Lodge in the United States, attracting over 700,000 visitors annually, and the Hollywood Casino. This high-traffic area ensures a robust customer base for potential businesses. Further enhancing the site's appeal is the upcoming opening of a new Wawa in October 2024, with a Starbucks to follow shortly. This development will further increase foot traffic and create a synergistic environment for future businesses. The property's location makes it perfect for restaurants, recreational facilities, a bowling alley, movie theater, entertainment venues, or a supermarket, catering to both hotel guests and interstate travelers. The substantial land area and prime location make this an exceptional opportunity for developers seeking high-impact commercial projects. The address is Perrylawn Dr & Chesapeake Overlook Pky, Perryville, MD 21903.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Port Deposit
    County
    Cecil
    State
    Maryland
    Longitude
    -76.0677
    Latitude
    39.5968

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      406 Broad St

      VACANT COMMERCIAL LAND • 0.49 Acres
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    Similar Nearby for Lease

    • Contact for pricing
      1 SF

      Chesapeake Overlook: Prime MD Land

      30-acre commercial land, 7 pad sites, I-95 access.
      & Chesapeake Overlook Pky Perrylawn Dr, Port Deposit, MD 21903
      View Details
    • Contact for pricing
      360,458 SF

      Refrigerated Warehouse Space Available

      360,458 SF refrigerated warehouse with rail access.
      300 Belvidere Rd, Perryville, MD 21903
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    Port Deposit, MD 21903
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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
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