9306 Marlboro PikeUpper Marlboro, MD 20772

  • Land
  • 2.33 AC
For Sale
$1,500,000 View listing

Property Details for 9306 Marlboro Pike

Lot size
2.33 AC
Zone code
CGO
Property type
Land
Property subtype
Commercial land
APN
15-1787415
APU
151787415

Description

This exceptional 4.79-acre commercial development site in Upper Marlboro, Maryland, is offered at $1,500,000 ($7.18/SF). Located at 9306 Marlboro Pike, the property boasts high visibility and traffic counts, fronting Route 4/Pennsylvania Avenue near the Capital Beltway (I-95/495). Currently zoned CGO (formerly C-S-C), permitted uses include car washes, restaurants (including fast food with drive-thrus), retail businesses, offices, and multi-family dwellings. The site is situated near a hotel, restaurant, grocery store, bank, church, and numerous professional offices, indicating a strong existing commercial presence. While approximately 1.24 acres may be subject to a three-year reservation due to a potential intersection at Dowerhouse Road, the remaining approximately 3.5 acres are immediately usable. The property's strategic location, high traffic counts (60,771 on MD Rt 4

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $18,776,322
    Hospitality
    $17,199,010
    Educational
    $14,309,374
    Medical
    $14,801,495
    Retail
    $22,259,026
9306 Marlboro Pike, Upper Marlboro, Maryland
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Location Insight

City
Upper Marlboro
County
Prince George's
State
Maryland
Latitude
38.8183
Longitude
-76.8448
CBSA code
47900
CBSA name
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV 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
$4,502
$404,900
-
$404,900
-
$404,900
-
$404,900

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