0 Melvin Ave Queenstown, MD 21658
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.
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 Lease
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.