Property profile

3 Notch Rd Hollywood, MD 20636

OFF-MARKET
Warehouses
Property ID
US40-1552706
2,380 SF 5.91 ac lot Built 1989
Entity Owned 4-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

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

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1989
Construction STEEL FRAME
Total area 2,380 SF
Lot 5.91 ac (257,440 SF)
Zoning code RPD
APN 06-042651
UPID US40-1552706

Cap rate & NOI

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

Location

3 Notch Rd Hollywood, MD 20636
Hollywood metro Census 875602 CALIFORNIA-LEXINGTON PARK, MD METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$380k

Owner & transaction history

since 2020
Last sale
$750,000
1 recorded transaction
2020
$750,000

Zoning & alternative use

RPD · Hollywood, 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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