Current Use by Public Records
- Neighborhood centers
Property Details for 1201-1245 Shopping Center Rd
- Year built
- 1967
- Property type
- Neighborhood centers
- Property subtype
- Retail properties & Spaces
Description
This exceptional 45,612 square foot retail strip center, located at 1201-1245 Shopping Center Rd, Stevensville, MD 21666, presents a unique investment opportunity. Built in 1967 and situated on a 4.63-acre lot in Queen Anne's County, the property boasts over 600 feet of frontage along MD-Rt 50, ensuring high visibility and accessibility. Currently, 10,410 square feet of space is available, divisible into units ranging from 3,364 to 7,046 contiguous square feet, catering to a variety of retail needs. The center benefits from a strong demographic base, supported by over 1400 new residential units directly behind the property. High daily traffic volume exceeding 70,000 vehicles is further enhanced by seasonal increases during summer months due to significant beach-bound traffic. This strategic location offers exceptional exposure and potential for substantial returns. The property's multiple tenancy structure provides flexibility and diversification for investors. This is an ideal opportunity to establish or expand a retail presence in a thriving Maryland community. Don't miss this chance to acquire a well-positioned retail asset with significant growth potential.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Stevensville
- County
- Queen Anne's
- State
- Maryland
- Longitude
- -76.2965
- Latitude
- 38.9759
