819 Md Rt. 3, Crofton, MD 21054
This exceptional commercial land offering presents two prime pad sites totaling 1 to 2.5 acres in Gambrills, Maryland. Located at the signalized intersection of Route 3 and St. Stephens Church Road, this property boasts an enviable location with over 70,000 cars passing daily, ensuring high visibility and accessibility for any business. The larger pad, exceeding 2 acres, offers ample space for a substantial multi-story building (up to 20,000-30,000 square feet), while the smaller, approximately 0.8-acre pad is ideal for smaller retail or medical uses. Both sites are fully approved and currently undergoing grading, ready for immediate development. The C2 zoning permits a wide range of commercial uses, including restaurants, offices, and retail establishments. This property presents a unique opportunity to capitalize on the dense and growing Gambrills marketplace, situated near Waugh Chapel Village & Town Center. The asking price is $1,000,000 for EACH pad, with shared development costs to be determined. Ground leases or build-to-suit options are available. The property's APN is 020412890045143, and ownership is fee simple. This is a rare opportunity to secure a highly visible and strategically located commercial property in a thriving market.
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.