1361 Defense Hwy Gambrills, MD 21054
- Investment properties
- 1,974 SF
- 2.45 lot acres
Current Use by Public Records
- Investment properties
Property Details for 1361 Defense Hwy
- Year built
- 1950
- Lot size
- 2.45 lot acres
- Property size
- 1,974 SF
- Zone code
- C2
- Property type
- Investment properties
- Property subtype
- Live-work space
- APN
- 02-619-12612500
- APU
- 261912612500
Description
This exceptional 2.45-acre property at 1361 Defense Highway in Gambrills, Maryland, presents a significant investment opportunity for developers and savvy investors. The property features a substantial existing home with 1,974 square feet of living space, offering immediate potential for various uses. The expansive acreage provides ample room for development, expansion, or redevelopment. This rare find in Anne Arundel County is ideally suited for those seeking a large-scale project. The property's zoning should be verified with Anne Arundel County to determine suitability for specific business uses, including potential SB and C2 zoning designations. Note that an adjoining property at 1365 Defense Highway, encompassing an additional 2.61 acres, is also available for purchase, creating an unprecedented opportunity to acquire a combined parcel of over five acres. This combined acreage significantly enhances the development potential and presents a unique chance to create a substantial project in a desirable location. The existing home provides immediate value and potential for temporary use or renovation. Serious inquiries are encouraged to act swiftly. The asking price for this remarkable property is $700,000.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Gambrills
- County
- Anne Arundel
- State
- Maryland
- Longitude
- -76.6728
- Latitude
- 38.9915
- CBSA code
- 12580
- CBSA name
- BALTIMORE-TOWSON, MD METROPOLITAN STATISTICAL AREA