Property summary
Prime commercial ground lease opportunity in Hollywood, MD, is now available. This exceptional 3.23-acre parcel boasts a highly visible location on a signalized corner of Route 235, experiencing approximately 30,000 vehicles per day (VPD). The high traffic volume presents a unique advantage for businesses seeking maximum exposure and accessibility. The asking rent is $15,000 per month, NNN (Net, Net, Net), meaning the tenant is responsible for property taxes, insurance, and maintenance. A preliminary site plan is readily available for review, providing a solid foundation for development planning. Furthermore, the possibility of leasing additional acreage exists, offering flexibility to accommodate various business needs and expansion plans. This strategic location and the potential for growth make this ground lease an attractive investment for businesses seeking a prominent presence in a busy commercial area. The property's high visibility and substantial traffic count make it ideal for a wide range of commercial ventures. Serious inquiries are encouraged to explore this exceptional opportunity further. Contact us today to schedule a viewing and discuss your business needs.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
RPD · Hollywood, MDZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
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