Property profile

3241 Laurel Ft Meade Rd Odenton, MD 21113

OFF-MARKET
Land
3.35 ac lot
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Property summary

AI-generated overview

This exceptional 3.35-acre commercial land parcel presents a unique investment opportunity in the thriving Odenton, Maryland market. Located at 3241 Laurel Fort Meade Road, this property boasts excellent visibility and accessibility, with frontage on MD 198 – Laurel Fort Meade Road. The strategic location benefits from a high traffic count of over 22,702 vehicles per day, ensuring significant exposure for any development. The property is zoned C-1 (Neighborhood Retail) and MXD-R (Mixed Use Residential), offering considerable flexibility for a variety of commercial and residential projects. Its proximity to major roadways, including MD 198, the Baltimore-Washington Parkway, and MD Route 32, provides easy access to a large customer base and workforce. Adding to its appeal, the site is situated near a significant residential development, with over 1,500 new townhomes and multifamily units currently under construction. Public water and sewer are conveniently located within 500 feet of the property, simplifying infrastructure needs. This prime location and versatile zoning make this 3.35-acre parcel an ideal investment for developers seeking to capitalize on Odenton's robust growth and strong market demand. The property's high traffic count, convenient access to major thoroughfares, and proximity to new residential construction create a compelling opportunity for significant return on investment. Anne Arundel County location, zip code 21113.

Property profile

Verified
Property type Land
Lot 3.35 ac (145,926 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

3241 Laurel Ft Meade Rd Odenton, MD 21113
Odenton metro
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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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