15001 Baltimore Ave Laurel, MD 20707-4627
This prime 0.56-acre commercial lot, located at 15001 Baltimore Avenue in Laurel, Maryland, presents a unique development opportunity. Situated on a major retail corridor with exceptional visibility, this property boasts three convenient access points: direct entry and exit from Baltimore Avenue (SHA approved), and an additional entry/exit point on Marshall Avenue. The site previously housed a 2,200 square foot retail building, demolished in 2019, and benefits from existing utilities. High traffic counts are a significant advantage, with 87,249 vehicles per day (VPD) at Laurel Mall and 43,943 VPD on Marshall Avenue. The property is zoned CM-High Density, allowing for a variety of commercial uses. Prior approvals existed for a 5,000 square foot building. The 4,993 square foot lot offers ample space for a new retail development or retail pad, providing ample parking for customers and employees. Its location near established businesses and residential areas ensures high visibility and strong potential for success. This is an exceptional opportunity to capitalize on a high-traffic location in a thriving community. The lot size is 24,450 square feet.
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
LAUR · Laurel, MDLaurel. Always verify with local authorities before improvements.
No recorded transactions found for this property.
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.