0 Sandy Spring Ln Thurmont, MD 21788
This exceptional 3.75-acre commercial land parcel, identified as Parcel 2068, presents a unique development opportunity in Thurmont, Maryland. Located on Sandy Spring Lane, zip code 21788, this property is zoned R-2, allowing for a variety of uses. The expansive lot offers the potential for single-family residential development, with zoning regulations specifying minimum lot sizes of 8,000 square feet, 70-foot wide lots, 10-foot side setbacks, and 30-foot rear setbacks. Building height is capped at 30 feet. Beyond standard residential development, this property also offers potential for special exceptions, including the possibility of establishing a daycare center or nursing home, subject to the necessary approvals. This presents a compelling opportunity for developers seeking a versatile site with significant potential for growth and return. The asking price for this exceptional property is $500,000, and terms are negotiable for qualified developers. This prime location in Frederick County, Maryland, provides easy access to local amenities and transportation routes, making it an attractive investment. Don't miss this chance to acquire a substantial parcel of land with significant development potential.
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
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.