Property profile

0 Philadelphia Blvd Aberdeen, MD 21001

OFF-MARKET
Land
3.33 ac lot
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional 3.33-acre commercial land parcel in Aberdeen, Maryland, presents a unique development opportunity. Located on US Route 40, this site boasts 382 feet of road visibility and 30 feet of road frontage, ensuring high traffic exposure. The property is zoned B3, permitting a wide range of uses including industrial/warehouse, multi-family residential, hotel, medical services, retail, and more. Approved plans exist for a three-story, 36,000+ square foot building with 92 parking spaces, designed for an extended-stay hotel. However, the approval process for modifying the building footprint and intended use is significantly streamlined, saving valuable time and resources. The site is remarkably flat, minimizing site work requirements. A completed forest restoration plan is in place, and all necessary easement agreements are secured. Public water and sewer services are readily available. This location offers unparalleled convenience, with proximity to major retailers like Walmart, Aldi, and Lidl, popular restaurants, and easy access to Aberdeen Proving Grounds and Perryman distribution centers. Furthermore, its location within an Enterprise Zone provides significant tax benefits for the new owner. A new regional medical center is under construction just three miles away, further enhancing the property's long-term value. The asking price is $875,000, representing a compelling investment opportunity for developers seeking a shovel-ready site with pre-approved plans and significant cost and time savings. The APN is 02-029723, and the ownership is fee simple.

Property profile

Verified
Property type Land
Lot 3.33 ac (145,055 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Philadelphia Blvd Aberdeen, MD 21001
Aberdeen metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own Philadelphia Blvd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message