736 Md-3 Gambrills, MD 21054
- Land
- 21.70 lot acres
Current Use by Public Records
- Land
Property Details for 736 Md-3
- Lot size
- 21.70 lot acres
- Property type
- Land
Description
This exceptional 21.7-acre property in Gambrills, Maryland, presents a rare investment opportunity. Strategically located at the corner of MD Rt 3 S and McKnew Rd, the land boasts significant frontage (approximately 1400 feet) on MD Rt 3 S. The property is uniquely zoned dual-use, offering both commercial (C3) and residential (R5) potential. Approximately 10.704 acres are zoned C3, ideal for retail, office, service businesses, or pad sites. The remaining approximately 11.05 acres are zoned R5, allowing for a variety of residential developments. Potential uses include townhouses (with possible density for approximately 100 units), assisted living facilities, or single-family homes. Adding to its appeal, the property includes two existing residential rental properties, providing immediate income potential. This large tract presents a unique chance to develop a mixed-use project in a high-demand area of Anne Arundel County, Maryland, with easy access to major roadways and amenities. The property's location in Gambrills, zip code 21054, offers excellent visibility and accessibility. This is a truly exceptional opportunity for developers and investors seeking a substantial land holding with diverse development possibilities. The property is situated in Anne Arundel County and offers a blend of commercial and residential zoning, making it a versatile and attractive investment.
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
- Gambrills
- County
- Anne Arundel
- State
- Maryland
- Longitude
- -76.6634
- Latitude
- 39.0513
