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Property profile

23098 Three Notch Rd California, MD 20619

OFF-MARKET
Mixed-use properties
Property ID
US40-1442206
3,530 SF 4.95 ac lot Built 1951
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Property summary

AI-generated overview

Exceptional investment opportunity in St. Mary's County, MD. This nearly 5-acre mixed-use property at 23098 Three Notch Road boasts 3,530 square feet and offers significant development potential for high-density residential or retail uses. The property benefits from dual road frontage: Highway access on Route 235 and rear access on Potter Drive, providing excellent visibility and accessibility. Its strategic location across from an established shopping center and restaurants positions it as a cornerstone for future development along this corridor. The property is conveniently located near St. Marys County Airport (with a 4000 ft. runway), Solomon Island, and major towns including Leonardtown, Hollywood, and Lexington Park, as well as Naval Air Station Patuxent River. Multiple public, private, and parochial schools are also nearby. Currently featuring three separate apartments (as-is), the property is zoned mixed commercial/residential. Municipal sewer and water connections (Metcom) are available. Preliminary information suggests multiple single-family residential construction sites on the Potter Drive section, and multi-family residential, commercial/retail, and higher-density residential opportunities on the Route 235 section. The property is offered for sale to individual buyers ($1,500,000 minimum) or to investors/developers/builders ($900,000 down payment with seller participation). A wide range of permitted uses includes, but is not limited to: fuel sales, office space, drive-through services, live entertainment, apartments, daycare, retail, restaurants, hotels, and more. Neighboring land is also available for purchase, offering an additional three acres of prime business exposure.

Property profile

Verified
Property type Mixed-use properties
Year built 1951
Total area 3,530 SF
Lot 4.95 ac (215,622 SF)
UPID US40-1442206

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

23098 Three Notch Rd California, MD 20619
California metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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