Property profile

3700-3704 Main St Grasonville, MD 21638

OFF-MARKET
Land
0.6 ac lot
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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

Location

3700-3704 Main St Grasonville, MD 21638
Grasonville metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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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
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