1700 Ocean Gtwy, Trappe, MD 21673
This exceptional 10.5-acre commercial property presents a unique investment opportunity in Trappe, Maryland. Strategically located on Ocean Gateway, just north of the Choptank River Bridge, this site boasts unparalleled visibility and accessibility. The expansive 475,000 square foot parcel offers significant development potential, ideal for a variety of commercial ventures. Its prime waterfront location provides stunning views and adds considerable value. Currently, the property awaits final approval and funding for a private sewage treatment plant from the state of Maryland and Talbot County. This crucial infrastructure element will significantly enhance the site's development potential and unlock its full commercial viability. The property's size and location make it an attractive prospect for businesses seeking a high-profile presence in a rapidly growing area. The completion of the sewage treatment plant will remove a key hurdle for future development, making this a compelling investment for those with a long-term vision. Serious inquiries are encouraged to explore the possibilities this exceptional property offers. The asking price is $950,000. Don't miss this chance to acquire a significant piece of prime commercial real estate in a desirable Maryland location.
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Pesca bill burton Grocery & Convenience Store Food Market
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
A1 · Trappe, MDTrappe. 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.