Property summary
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
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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