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Property profile & analytics
OFF-MARKET
Grocery and convenience stores

3244 Laurel Ft Meade Rd Laurel, MD 20724-1314

1,242 SF 0.6 ac lot Built 1960
Entity Owned 25-yr Hold ~ Est. High Equity
Property ID
US40-0861752
Property summary
AI-generated overview

This exceptional commercial property presents a unique investment opportunity in Laurel, Maryland. Situated on a highly trafficked road adjacent to Fort Meade, this 26,266 square foot lot boasts a prime C4 zoning designation, offering significant development potential. The property includes two existing buildings totaling 1,242 square feet, currently configured as a restaurant, built in 2002. The single-story structures provide immediate income potential or a solid foundation for redevelopment. The strategic location near Fort Meade ensures a substantial and consistent customer base, benefiting from the high density of residential and military personnel in the area. The C4 zoning allows for a wide range of commercial uses, making this property adaptable to various business ventures. This is an ideal opportunity for investors seeking a high-return investment in a thriving Maryland market. The property's size and zoning provide flexibility for expansion or redevelopment, catering to a variety of commercial needs. The existing restaurant infrastructure offers immediate revenue generation possibilities, while the ample land provides room for future growth. This location offers excellent visibility and accessibility, ensuring strong potential for success. Serious inquiries are encouraged to explore the full potential of this remarkable property.

Property profile
Verified
Property type Grocery and convenience stores
Use group CONVENIENCE STORE
Year built 1960
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 1,242 SF
Lot 0.6 ac (26,266 SF)
Zoning code C1B
APN 04-000-00051405
UPID US40-0861752
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Kilpe Investments LLC · 25 yrs held
Kilpe Investments LLC
since 2000
1 recorded transaction
2000
$139,000
Zoning & alternative use
C1B · Laurel, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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