Property profile

819 Md Rt. 3 Crofton, MD 21054

OFF-MARKET
Retail properties & Spaces
1 ac lot
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Retail properties & Spaces
Lot 1 ac (43,560 SF)

Cap rate & NOI

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

Location

819 Md Rt. 3 Crofton, MD 21054
Crofton metro
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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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