Property profile

0 Walnut St Delmar, MD 21875

OFF-MARKET
Land
0.72 ac lot
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Property summary

AI-generated overview

This exceptional 0.72-acre commercial land parcel presents a unique investment opportunity in the thriving Delmar, Maryland market. Located at 0 Walnut St, 21875, this property boasts a highly desirable location with significant road frontage. The land is comprised of two adjacent lots, totaling over an acre, offering flexibility for development. With approximately 345 feet of road frontage along Route 13, this property provides unparalleled visibility and accessibility for any commercial venture. The property is zoned for General Commercial use, opening doors to a wide range of possibilities. While city water and sewer services are not currently available on-site, these utilities are conveniently located nearby, making connection feasible. Situated on the Maryland side of Delmar, this area has experienced consistent growth in recent years, making it an attractive location for businesses seeking to establish or expand their operations. The strategic location at the corners of Pine Street and Route 13, and Walnut Street and Route 13, ensures high traffic volume and excellent exposure. This combined acreage presents a rare opportunity to acquire a substantial commercial lot in a rapidly developing area. The asking price for this prime commercial land is $250,000.

Property profile

Verified
Property type Land
Lot 0.72 ac (31,363 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Walnut St Delmar, MD 21875
Delmar metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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