103 Mayo Rd Edgewater, MD 21037
This exceptional 0.37-acre commercial land parcel presents a unique development opportunity in Edgewater, Maryland. Located at 103 Mayo Road, this property boasts a highly desirable C3 zoning designation, opening doors to a variety of commercial uses. The site's strategic location on Mayo Road ensures high visibility and accessibility, with over 17,000 vehicles passing daily. The land is currently undeveloped, offering a blank canvas for ambitious projects. Conveniently situated just miles south of Annapolis, this property benefits from access to public sewer and water utilities, simplifying the development process. This offering includes a rare assemblage of conjoining lots (649-655, and 658 per MD SDAT records), creating the potential to assemble a larger 0.89-acre site on a hard corner, significantly enhancing development potential. The asking price for this prime development opportunity is $295,000. Don't miss this chance to acquire a highly visible and strategically located commercial property in a thriving Anne Arundel County market. The property's address is 103 Mayo Rd, Edgewater, MD 21037.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.