Property summary
This exceptional Churchville, MD property offers a unique investment opportunity. The offering encompasses two parcels totaling 1.935 acres, as per the deed, featuring a historic mill building and a separate fertilizer storage shed. The main structure, located at 101 Calvary Road (Map 42, Parcel 234), boasts over 8,000 square feet of space, providing ample room for various commercial uses. The combined buildings offer extensive storage capabilities, ideal for businesses requiring significant warehousing or inventory space. The property is zoned VB, offering flexibility for a range of potential developments. Its strategic location provides convenient access to I-95, ensuring excellent connectivity and accessibility. While the property currently lacks a septic system, active collaboration with the Health Department is underway to secure approval for the installation of holding tanks. Furthermore, a new well has recently been drilled, addressing a key infrastructure need. The substantial size and versatile nature of this property make it an attractive prospect for entrepreneurs and investors seeking a significant commercial foothold in a well-situated location. The existing structures, while requiring potential renovation or repurposing, offer a solid foundation for a variety of commercial ventures. The ample acreage provides additional development possibilities, subject to local zoning regulations.
Property profile
VerifiedCap rate & NOI
Current use
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Industrial Manufacturer Production Facility
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(Bike/Boat/Book/etc) Store
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2022Property description
Physical attributes from public recordsZoning & alternative use
VB · Churchville, MDZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
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