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    OFF-MARKET
    Commercial real estate

    Pennsylvania Ave, Hancock, MD 21750

    4,800 SF 14.84 ac lot Built 1950
    Property ID
    Property summary
    AI-generated overview

    This exceptional 14.84-acre property in Hancock, Maryland, presents a unique opportunity for a diverse range of businesses. The expansive lot boasts a substantial 4,800 square foot barn, ideal for storage, workshops, or adaptable to various commercial uses. An additional concrete shed provides further storage or workspace. The property's zoning allows for a wide array of commercial ventures, offering significant flexibility for potential buyers. Its prime location ensures high traffic visibility, a key advantage for any business seeking maximum exposure. Convenient access points enhance the property's appeal. Essential utilities, including water and sewer, are readily available, simplifying the setup process for new businesses. The property is ready for immediate occupancy, presenting a turnkey solution for entrepreneurs seeking a well-located, versatile space to establish their operations. The combination of ample space, flexible zoning, and convenient location makes this an exceptional investment opportunity in a thriving community. This property is poised to become a successful hub for any number of commercial endeavors. Don't miss this chance to secure a prime piece of commercial real estate in Hancock, MD. The property is priced competitively at $699,000.

    Property profile
    Verified
    Property type Commercial real estate
    Year built 1950
    Total area 4,800 SF
    Lot 14.84 ac (646,430 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
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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