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Financial
Distress signals
Property profile

306 Lake Dr Queenstown, MD 21658

FOR LEASE
Commercial land
Property ID
US40-0952040
564 SF 23.63 ac lot Built 1970
Last sale May 2006 · $649,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 20-yr Hold Held for 20 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional retail property, situated at 306 Lake Drive in Queenstown, Maryland, presents a unique investment opportunity. Spanning 22.65 acres, the property boasts a renovated greenhouse, shade houses, and cold frames, all ready for immediate occupancy. This established location, formerly known as Wye Nursery, has a rich history dating back to 1953. Its strategic position on Route 50 East, with convenient access from Route 50 West, ensures high visibility and significant traffic…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$3k
Tax billed · 2023
Assessed value · 2024$646k
Assessed land$646k
Effective rate0.50%

Value estimate

· Oct 2026
$155k
$140k – $171k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$196/SF
County average, outlier-cleaned · 147 recorded sales of this use type
Observed band · Q1–Q3$132 – $271

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
SC
JurisdictionQUEEN ANNE'S

Location intelligence

Which uses thrive at this corner?
Best fit: HVAC Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
HVAC Service8.7
Locksmith8.6
Convenience Store8.2

Location

306 Lake Dr Queenstown, MD 21658
County assessor Recorded deeds · 1 transfer Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

1 recorded sale · 9 properties nearby
Recent sales nearby
1 recorded sale in this ZIP, last 8 years
Address Sale price Sold Size
351 Grange Hall, Queenstown, MD 21658-1413 $85,000 Aug 2021 1,480 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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