0 Heritage Way, Prince Frederick, MD 20678
This exceptional 2.26-acre commercial land parcel presents a prime development opportunity in Prince Frederick, Maryland. Located at 30.35 N Heritage Way, this fee simple property boasts a highly desirable Town Center zoning designation, offering significant flexibility for various commercial ventures. The site benefits from excellent visibility and convenient access to MD Route 2/4 and Main Street, ensuring high traffic exposure. Furthermore, the property is served by county water and sewer, eliminating the need for costly infrastructure development. Preliminary engineering work has already been completed, streamlining the development process and potentially reducing overall costs. Its strategic location places it directly across from a Walmart, providing immediate proximity to a major retail anchor and significant consumer traffic. The surrounding area offers a wealth of amenities, including nearby banks, restaurants, and hotels, creating a vibrant and convenient environment for potential businesses. This is an exceptional opportunity to acquire a well-situated, ready-to-develop commercial land parcel in a thriving Maryland community. The asking price is $800,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.