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    OFF-MARKET
    Land

    3700-3704 Main St, Grasonville, MD 21638

    0.6 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 0.6-acre commercial land parcel, located at 3700-3704 Main Street in Grasonville, Maryland (zip code 21638), presents a compelling investment opportunity. Priced at $799,000, this property boasts high visibility and direct access to US 50, ensuring excellent exposure for any commercial venture. The site includes two existing buildings constructed in 1958, classified as Class C. The property offers tremendous redevelopment potential with numerous possible uses, making it ideal for entrepreneurs and investors seeking a prime location in Queen Anne's County. The existing structures present opportunities for renovation or repurposing, while the land itself allows for new construction. This strategic location provides great existing revenue prospects, and the potential for significant future growth is undeniable. Note that an adjoining 8-acre non-commercial parcel is also available for purchase, presenting an opportunity to expand the scope of any development project. This is a rare chance to acquire a highly visible commercial property in a desirable Maryland location.

    Property profile
    Verified
    Property type Land
    Lot 0.6 ac (26,136 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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