Property profile

29940 3rd Notch Rd Charlotte Hall, MD 20622

OFF-MARKET
Retail space
Property ID
US40-1194032
728 SF 36.18 ac lot Built 1967
Entity Owned 4-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 1-acre commercial land parcel, located at 29940 Three Notch Rd, Charlotte Hall, MD 20622, presents a unique investment opportunity. Situated in St. Mary's County, this property offers one available space ideal for various uses, including medical offices, traditional office space, and retail establishments. The property is designated as Land, Retail, and Office, accommodating multiple tenants. The site benefits from its strategic location, with prominent national retailers already committed to the development. Aldi and Chick-fil-A are slated to open soon, ensuring high visibility and significant foot traffic for future tenants. Chipotle is also opening soon, further enhancing the area's appeal and drawing a diverse customer base. The pricing is flexible and determined by the specific lot size selected. A build-to-suit option is available, allowing for customized construction to meet the precise needs of the prospective tenant. This presents a rare chance to establish a presence in a rapidly growing commercial area with strong anchor tenants. Don't miss this opportunity to secure a prime location in this thriving community.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1967
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 728 SF
Lot 36.18 ac (1,576,001 SF)
Zoning code TMX
APN 05-007070
UPID US40-1194032

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Garden Center Landscaping
  • Discount Store
  • Parking Lot & Garage
  • Postal Service Courier Service
  • Church

Location

29940 3rd Notch Rd Charlotte Hall, MD 20622
Charlotte Hall metro Census 875100 CALIFORNIA-LEXINGTON PARK, MD METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$5.24M

Owner & transaction history

since 2021
Last sale
$9.6M
7 recorded transactions
2021
$9.6M
2018
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

TMX · Charlotte Hall, MD

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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