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    OFF-MARKET
    Industrial properties

    11205 Homeport Ct, Lusby, MD 20657

    3.98 ac lot Built 2016
    Property ID
    Property summary
    AI-generated overview

    This exceptional 3.98-acre lot (2.99 acres net usable) presents a remarkable opportunity for businesses seeking a strategic location in Southern Maryland's thriving Patuxent Business Park. Located in a federally designated Opportunity Zone, this property offers significant financial incentives and expedited permitting processes, making it shovel-ready within 60-90 days. The site boasts convenient access to major transportation networks, placing businesses within easy reach of Baltimore, Annapolis, and Washington, D.C. (30 miles). Its idyllic setting between the Chesapeake Bay and Patuxent River provides a picturesque backdrop, while proximity to Solomons Island and the Chesapeake Hills Golf Course adds to its appeal. This lot, designated as Lot 7, also benefits from frontage on HG Trueman Road. The property is one of twelve lots within the park, ranging in size from 1.77 to 27.69 contiguous acres, providing flexibility for various development needs. Modern infrastructure is in place, including high-speed voice and data connections, as well as public water and sewer services. The versatile zoning allows for a wide range of commercial uses, including industrial, convenience store, hotel/motel, medical, office, retail, restaurant, warehouse, warehouse/retail, and storage facilities. This is an unparalleled chance to establish a presence in a rapidly growing area with exceptional accessibility and amenities. The property is priced at $358,800.

    Property profile
    Verified
    Property type Industrial properties
    Year built 2016
    Lot 3.98 ac (173,369 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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