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    Property profile & analytics

    883 Md-3 Gambrills, MD 21054

    • Land
    • 1.00 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 883 Md-3

    Lot size
    1.00 lot acres
    Property type
    Land

    Description

    This exceptional 1-acre commercial land parcel in Gambrills, Maryland, presents a unique investment opportunity. Located at 883 MD-3, zip code 21054, this fully improved site boasts C1 zoning, allowing for a diverse range of development options. The property is already graded, with utilities, curb and gutter, paving, and parking all in place, significantly reducing development time and costs. The site is divided into two approved lots: Lot 1A, approved for approximately 12,000 square feet of retail space, ideal for a strip mall development

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Gambrills
    County
    Anne Arundel
    State
    Maryland
    Longitude
    -76.6725
    Latitude
    39.0391

    Comparable in this City

    • Value Estimation by Request
      8.70 Acres

      915 St Stephens Church Rd

      Land • 8.70 Acres
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      813 Md-3

      Land
      813 Md-3, Crofton, MD 21054
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      1.00 Acre

      844-848 Crain Hwy

      Land • 1.00 Acre
      844-848 Crain Hwy, Gambrills, MD 21054
      View Details
    • Value Estimation by Request

      834 Crain Hwy

      Land
      834 Crain Hwy, Gambrills, MD 21054
      View Details
    • Value Estimation by Request
      3.60 Acres

      877 Md-3

      Land • 3.60 Acres
      877 Md-3, Gambrills, MD 21054
      View Details
    • Value Estimation by Request

      749 Md-3

      Land
      749 Md-3, Gambrills, MD 21054
      View Details

    Similar Nearby for Sale

    • $1,000,000
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      6000 Technology Dr. Office Space

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      8.70 Acres

      Gambrills Land: 8.7 Acres Approved

      Prime 8.7-acre commercial land, fully permitted for assisted living.
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    • $900,000
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      Gambrills Commercial Land Opportunity

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      Prime Gambrills Commercial Land

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    Similar Nearby for Lease

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      1 SF

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      42,000 SF

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    • $28 SF/Yr
      14,500 SF

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      Retail and dining destination in Gambrills, Maryland.
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      1,500 SF

      Medical Office Space Available

      Medical office space for lease in Waugh Chapel Town Centre.
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    883 Md-3
    Gambrills, MD 21054
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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