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Property profile & analytics
OFF-MARKET
Land

0 Melvin Ave Queenstown, MD 21658

48,352 SF 1.11 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 1.11-acre commercial and residential development site in Queenstown, Maryland, presents a unique investment opportunity. Located within the town limits and boasting 662 feet of highway frontage on Route 301, this property offers unparalleled visibility and accessibility. Zoned Highway Commercial, it provides a multitude of permitted uses; contact the listing office for a complete list. The property includes four water and sewer allocations, simplifying development plans. Its strategic location near Royal Farms ensures high traffic volume and convenient access for potential businesses. With a total area of 48,352 square feet, the land is priced competitively at $4.13 per square foot. The property is offered fee simple, providing complete ownership. This prime location, combined with its zoning and utilities, makes this an ideal site for a variety of commercial ventures or mixed-use developments. The convenient access from Melvin Avenue further enhances its appeal. Don't miss this chance to acquire a highly visible and versatile property in a thriving Maryland community.

Property profile
Verified
Property type Land
Total area 48,352 SF
Lot 1.11 ac (48,352 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
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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