1423 Dorsey Rd, Hanover, MD 21076-1428
This exceptional 3.5-acre commercial land parcel presents a prime development opportunity, ideally situated at the intersection of Arundel Mills Boulevard and Dorsey Road. Zoned C2, this property offers significant potential for a variety of commercial uses, including retail establishments, daycare centers, car washes, and hotels. Its strategic location provides unparalleled access to a high-traffic area, boasting proximity to major thoroughfares and significant consumer draw. The site is conveniently located just half a mile from the bustling Arundel Mills Mall and Maryland Live! Casino, ensuring high visibility and accessibility for any future development. The expansive lot size allows for substantial building plans, catering to a wide range of commercial ventures. This is a rare chance to acquire a well-positioned commercial land parcel in a thriving market, offering substantial returns on investment for the discerning developer. The property is offered as a single-tenant site, providing flexibility and control over development. Given its location and zoning, this property represents a unique and compelling investment opportunity. Serious inquiries are encouraged to explore the full potential of this exceptional commercial land offering.
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 · Hanover, MDHanover. 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.