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Property profile & analytics

23531 Mervell Dean Rd Hollywood, MD 20636

  • Commercial real estate
  • 2,240 SF
  • 0.28 lot acres
Value Estimation
Last Sale
Mar 06, 2025
$185,000
Location Intelligence
Property ID
US40-0574978
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Commercial real estate

Property Details for 23531 Mervell Dean Rd

Year built
2005
Lot size
0.28 lot acres
Property size
2,240 SF
Zone code
RMX
Property type
Commercial real estate
APN
08-046190
APU
8046190

Description

This exceptional 3,360 square foot property located at 23531 Mervell Dean Road in Hollywood, MD, presents a unique investment opportunity. Situated on a 0.28-acre lot, this Colonial-style building offers remarkable flexibility. Currently configured as a blend of residential and commercial space, it can easily be adapted to suit a variety of uses. The upper level boasts four bedrooms and two full bathrooms, ideal for residential use or as executive suites. The main level features adaptable rooms suitable for living areas, a dining room, family room, and kitchen, or alternatively, a flexible office layout. A full, unfinished basement provides ample storage or expansion potential. The property benefits from a highly desirable location with over 30,000 vehicles passing daily, ensuring excellent visibility and accessibility for any business. The asking price is $200,000, and the property is being sold in its "as is" condition. This presents a rare chance to acquire a versatile property in a high-traffic area, perfect for an owner-occupier or investor seeking a strong return. The combination of residential and commercial potential makes this a truly unique offering in the Hollywood, MD market. Don't miss this opportunity to secure a prime location with significant upside potential.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $125,000
  • CAP approach

    CAP return
    Estimation
    6%
    $150,000
    6.5%
    $130,000
    7%
    $130,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $135,000
    Geo Method
    $120,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $160,000
    Retail
    $130,000
    Mixed-Use
    $175,000
    Hospitality
    $125,000
    Educational
    $125,000
    Residential Income
    $170,000
    Energy
    $150,000
    Income-Based Land
    $145,000
    Food Service
    $140,000

Location Insight

  • Map
  • Local Demand
City
Hollywood
County
St. Mary's
State
Maryland
Longitude
-76.5355
Latitude
38.3137
CBSA code
15680
CBSA name
CALIFORNIA-LEXINGTON PARK, MD METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$4,561
$210,000
$215,900
$425,900
-
$210,000
$215,900
$425,900
More about this property
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