Property summary
This exceptional 4.06-acre property at 23595 Pike Lane in Hollywood, Maryland, presents a remarkable commercial development opportunity. Boasting approximately 580 feet of road frontage, this highly visible site is ideally positioned within a rapidly growing area, ensuring significant exposure for any commercial venture. The property's current zoning has been changed to RMX, unlocking a wide array of potential uses. Under the RMX zoning designation, developers can pursue a diverse range of projects, including apartments, office spaces, medical facilities, banking institutions, hotels, and numerous other commercial applications. The expansive acreage and prime location combine to create an unparalleled opportunity for investors and developers seeking to capitalize on the area's burgeoning growth. The existing residential structure on the property offers potential for adaptive reuse or demolition to make way for a new construction project. This versatile site is poised to become a landmark commercial development, offering significant returns for the discerning investor. The substantial road frontage ensures excellent accessibility and visibility, making it an attractive location for a variety of businesses. This is a rare chance to acquire a large parcel of land in a desirable location with flexible zoning, allowing for a wide range of development possibilities. Serious inquiries are encouraged.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.