Property profile

0 Pine St Delmar, MD 21875

OFF-MARKET
Land
0.52 ac lot
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Property summary

AI-generated overview

This exceptional commercial land offering presents a unique investment opportunity in the thriving Delmar, Maryland market. Comprising two adjacent lots totaling over half an acre, this property boasts an impressive 345 feet of road frontage along Route 13, providing unparalleled visibility and accessibility for any commercial venture. The combined lots offer significant potential for development, with the current zoning designated as R15, allowing for a variety of commercial uses. Situated at the corners of Pine Street and Route 13, and Walnut Street and Route 13, this location benefits from high traffic volume and excellent exposure. While city water and sewer services are not currently available on the property, these utilities are conveniently located nearby, making connection feasible. The property's location on the Maryland side of Delmar is particularly advantageous, given the area's consistent growth and desirability over recent years. This is a rare opportunity to acquire a strategically positioned commercial parcel in a dynamic and expanding market. The asking price for this exceptional property is $250,000. Don't miss this chance to secure a prime piece of Delmar real estate.

Property profile

Verified
Property type Land
Lot 0.52 ac (22,651 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Pine St Delmar, MD 21875
Delmar metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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