Ringley Dr Boonsboro, MD 21713
This exceptional 0.88-acre commercial lot in Boonsboro, MD, presents a unique investment opportunity. Situated on a corner, this property benefits from high visibility and accessibility. The lot 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 and significantly increasing traffic volume at the intersection directly in front of the property. The advertised price reflects a yearly ground lease rate of $4,600 per month, translating to $1.44 per square foot. This represents a compelling entry point into a rapidly developing area poised for significant growth. This is one of three available lots
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
Similar Nearby for Sale
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.