23595 Pike Ln Hollywood, MD 20636
- Commercial real estate
- 4.06 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 23595 Pike Ln
- Year built
- 1969
- Lot size
- 4.06 lot acres
- Property type
- Commercial real estate
Description
This exceptional 4.06-acre property at 23595 Pike Lane in Hollywood, Maryland, presents a remarkable commercial development opportunity. Boasting approximately 580 feet of road frontage, this highly visible site is ideally positioned within a rapidly growing area, ensuring significant exposure for any commercial venture. The property's current zoning has been changed to RMX, unlocking a wide array of potential uses. Under the RMX zoning designation, developers can pursue a diverse range of projects, including apartments, office spaces, medical facilities, banking institutions, hotels, and numerous other commercial applications. The expansive acreage and prime location combine to create an unparalleled opportunity for investors and developers seeking to capitalize on the area's burgeoning growth. The existing residential structure on the property offers potential for adaptive reuse or demolition to make way for a new construction project. This versatile site is poised to become a landmark commercial development, offering significant returns for the discerning investor. The substantial road frontage ensures excellent accessibility and visibility, making it an attractive location for a variety of businesses. This is a rare chance to acquire a large parcel of land in a desirable location with flexible zoning, allowing for a wide range of development possibilities. Serious inquiries are encouraged.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Hollywood
- County
- St. Mary's
- State
- Maryland
- Longitude
- -76.53728
- Latitude
- 38.31587