22780 Washington St, Leonardtown, MD 20650-3948
This exceptional 0.46-acre commercial pad site presents a unique investment opportunity in the heart of historic Leonardtown, Maryland. Located at 22780 Washington Street, this property boasts a total area of 17,894 square feet and offers significant development potential. The site has already received approval for mixed-use development, providing a streamlined path to construction. This flexibility allows for the creation of either a substantial 7,800 square foot office building or a more residential-focused 4,500 square foot dwelling. Detailed site plans are readily available for inspection, providing comprehensive information on the property's layout, utilities, and zoning compliance. The property's location within Leonardtown's historic district offers excellent visibility and accessibility, making it an ideal location for a variety of commercial or residential ventures. This is a rare chance to acquire a fully approved development site in a desirable and thriving community. The asking price for this exceptional property is $425,000. Don't miss this opportunity to secure a prime piece of real estate in a sought-after location. Contact us today to schedule a viewing and explore the possibilities.
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
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.