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Property profile & analytics
OFF-MARKET
Office Spaces

353 Rock Springs Rd Conowingo, MD 21918

1,760 SF 0.87 ac lot Built 1950
Property ID
Property summary
AI-generated overview

This exceptional mixed-use property in Conowingo, MD, presents a unique investment opportunity. The 0.87-acre lot features a 1,760 square foot commercial building with BL zoning, ideal for a variety of light commercial uses. Currently, four residential units generate immediate income, transferring with the title. The commercial building is vacant and ready for immediate occupancy. The property boasts 14 parking spaces (10 paved, 4 gravel), recently updated features including replacement windows (2014), roof replacements (2020 & 2024), and fresh paint (2024). Located at 353 Rock Springs Rd, Conowingo, MD 21918, this property offers a blend of established rental income and significant commercial development potential. The asking price is $575,000 ($326.70/sq ft). Note: Residential units are not available for inspection until after contract execution. This is an excellent opportunity to acquire immediate income and capitalize on the potential for diverse light commercial uses. The property was built in 1950.

Property profile
Verified
Property type Office Spaces
Year built 1950
Total area 1,760 SF
Lot 0.87 ac (38,071 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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