0 Christie Rd Cumberland, MD 21502
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.