Property summary
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
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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