915 St Stephens Church Rd, Gambrills, MD 21054
This exceptional 8.7-acre parcel located at 915 St. Stephens Church Rd, Gambrills, Maryland 21054, presents a remarkable development opportunity. Situated in Anne Arundel County, this property boasts pre-approved plans and building permits for a 75-unit assisted living facility. The existing plans are adaptable, allowing for potential modifications to increase the unit count and refine the design to meet specific needs. Its strategic location offers immediate access to MD Route 3/Crain Highway, ensuring excellent connectivity and accessibility. The property benefits from its proximity to the thriving Waugh Chapel Town Center and Village, providing residents with convenient access to shopping, dining, and entertainment. This prime location within a superb neighborhood makes it an ideal site for a high-demand senior living community. The 8.7 acres provide ample space for development, and the existing approvals significantly streamline the construction process. This is a rare opportunity to capitalize on the growing demand for senior care facilities in a highly desirable area. The property's location in a growth area ensures strong potential for long-term appreciation and a high return on investment. All necessary permits are in place, making this a turn-key project ready for immediate development.
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
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.