Current Use by Public Records
- Land
Property Details for 7470 Solomons Island Rd
- Lot size
- 16.20 lot acres
- Property type
- Land
Description
This exceptional 16.2-acre commercial development site, located at 7470 Solomons Island Rd S in Solomons, Maryland (zip code 20688), presents a compelling investment opportunity. Zoned for industrial use, this fee-simple property boasts an attractive asking price of $799,000, translating to a land value of $1.13 per square foot. The parcel, identified by APN 01-241028, is situated within the Calvert Cliffs Business Center, offering convenient access to key transportation routes and infrastructure. Engineering plans have already been approved for the construction of over 146,000 square feet of industrial space, along with RV and trailer storage facilities. This significantly reduces the time and cost associated with pre-development activities, making it an ideal site for immediate development. The property's size and zoning make it suitable for a variety of industrial projects, offering significant potential for future growth and return on investment. This prime location in Calvert County, Maryland, provides a strategic advantage for businesses seeking to establish a presence in this thriving area. The recent price reduction to $799,000 makes this an even more attractive proposition for discerning investors.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Solomons
- County
- Calvert
- State
- Maryland
- Longitude
- -76.4652
- Latitude
- 38.3313
