Philadelphia Blvd Aberdeen, MD 21001
- Land
- 3.33 lot acres
Current Use by Public Records
- Land
Property Details for 0 Philadelphia Blvd
- Lot size
- 3.33 lot acres
- Property type
- Land
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Aberdeen
- County
- Harford
- State
- Maryland
- Longitude
- -76.1741
- Latitude
- 39.4981
