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Property profile & analytics
OFF-MARKET
Land

0 Christie Rd Cumberland, MD 21502

15.24 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 15.24-acre commercial land parcel presents a unique investment opportunity in Cumberland, Maryland. Located at 0 Christie Rd NE, Allegany County, (APN: 0122104865), this fee simple property offers significant development potential. The land is zoned for commercial use, providing flexibility for a variety of projects. With a total land area of 663,854 square feet, the asking price is $385,000, translating to approximately $25,262.47 per acre. The property's scenic location in mountainous Maryland offers breathtaking views and presents possibilities for diverse developments, including retail spaces, office buildings, mixed-use complexes with residential units, event venues, recreational areas, or even eco-tourism sites. Subject to zoning approvals, other uses such as residential communities, estate homes, specialty agriculture, or a vineyard could also be considered. The listing term begins August 1st, 2024. This prime location and expansive acreage provide an exceptional opportunity for a discerning investor to create a thriving commercial venture. The property's zip code is 21502.

Property profile
Verified
Property type Land
Lot 15.24 ac (663,854 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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