0 Winchester Rd La Vale, MD 21502
This exceptional 1.66-acre commercial land parcel in La Vale, Maryland, presents a prime development opportunity. Located on Winchester Road in Allegany County (zip code 21502), this property boasts a highly desirable location with exceptional visibility and traffic counts. Currently zoned B-Commercial, it benefits from its proximity to Interstates 68 exits 39 and 40, ensuring high traffic volume. The 12,071 daily vehicle count makes this an ideal site for a variety of commercial ventures. The property features a corner lot with a traffic light, maximizing exposure and accessibility. Its strategic location is further enhanced by its proximity to existing restaurants and retail establishments. All utilities are conveniently located on-site. The asking price is $1,500,000, translating to approximately $903,614.46 per acre. The property comprises four parcels (APN: 0129046735, 0129022720, 0129040591, 0129044910) and currently includes two single-family dwellings. This ready-to-develop site offers significant potential for investors and developers seeking a high-impact commercial location in a thriving area. The property's size, location, and zoning make it an attractive investment with strong potential for future growth.
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.