Property profile

101 Calvary Rd Churchville, MD 21028

OFF-MARKET
Warehouses
Property ID
US40-1053756
2,688 SF 2 ac lot Built 1983
Individually Owned 25-yr Hold Free & Clear
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Property summary

AI-generated overview

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

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1983
Construction BRICK
Total area 2,688 SF
Lot 2 ac (87,120 SF)
Zoning code VB
APN 03-065111
UPID US40-1053756

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Industrial Manufacturer Production Facility
  • (Bike/Boat/Book/etc) Store

Location

101 Calvary Rd Churchville, MD 21028-1719
Churchville metro Census 303700 BALTIMORE-TOWSON, MD METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$265k

Owner & transaction history

since 2000
1 recorded transaction
2000
$119,500

Zoning & alternative use

VB · Churchville, MD

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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