11135 Grays Cor Rd, Berlin, MD 21811-3161
This exceptional mixed-use property, located at 11135 Grays Corner Road in Berlin, Maryland, presents a unique investment opportunity. The 1,699 square foot building sits on a 0.25-acre corner lot, offering high visibility and accessibility. Currently configured as a house, the property is being sold "as is," with no repairs to be completed by the seller. The significant advantage lies in its commercial zoning, opening up a wide range of potential uses for savvy investors. Imagine transforming this space into a thriving retail outlet, a professional office, or a unique blend of commercial and residential uses. The property's location in Berlin, Maryland, provides access to a vibrant community and strong local economy. The 0.25-acre lot offers ample space for potential expansion or outdoor amenities, depending on the chosen development plan. This is a rare chance to acquire a versatile property in a desirable location, ready for your vision and entrepreneurial spirit. The asking price of $139,900 makes this an attractive investment opportunity that shouldn't be missed. Serious inquiries are encouraged to explore the possibilities this property offers. Act quickly, as properties with this combination of location, size, and zoning potential are seldom available.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
C2 · Berlin, MDBerlin. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.