Ringley Dr Boonsboro, MD 21713
- Commercial real estate
- 1.76 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for Ringley Dr
- Lot size
- 1.76 lot acres
- Property type
- Commercial real estate
Description
This exceptional 1.76-acre commercial lot in Boonsboro, MD, presents a unique investment opportunity. Situated on a corner, this property benefits from high visibility and accessibility. The land is zoned for commercial use and is ideally positioned to capitalize on the anticipated increase in traffic flow resulting from the approved extension of Chase Six Boulevard. This extension will connect Route 66 to an alternate Route 40, creating a highly desirable bypass. The resulting high-traffic intersection directly in front of the lot will significantly enhance its commercial viability. This is Lot 3 of three available lots, offering a ground lease at a yearly rate of $9,300 per month, translating to $1.44 per square foot. The property's strategic location and the impending infrastructure improvements make it an attractive prospect for businesses seeking high visibility and convenient access to major transportation routes. This is a rare chance to secure a prime commercial location before the significant traffic increase associated with the Chase Six Boulevard extension. Serious inquiries are encouraged to explore this exceptional opportunity.
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
- Boonsboro
- County
- Washington
- State
- Maryland
- Longitude
- -77.6575
- Latitude
- 39.5207
