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    OFF-MARKET
    Land

    0 Chester River Beach Rd, Grasonville, MD 21638

    28.44 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 28.44-acre development opportunity is ideally located along US Routes 50/301 in Grasonville, Maryland, near Kent Island. Boasting unparalleled visibility to over 70,000 vehicles daily, this prime parcel presents a significant investment prospect. The property, zoned UC, comprises two separate tax parcels, offering flexibility for diverse development scenarios, including mixed-use, logistics, or industrial projects. Its strategic location provides easy access to major metropolitan areas such as Baltimore, Washington D.C., and Annapolis, placing it within a three-hour radius of 40% of the nation's population. Public water and sewer services are readily available, simplifying infrastructure needs. This large-scale development tract presents a unique chance to capitalize on the high traffic volume and strong regional demographics. The asking price is $3,700,000. Subdivision potential exists, allowing for a phased approach to development and maximizing investment returns. This is the largest available development tract in the area, offering unmatched potential for a significant return on investment. The property address is Chester River Beach Rd, Grasonville, MD 21638.

    Property profile
    Verified
    Property type Land
    Lot 28.44 ac (1,238,846 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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