4009 Mayhew Inn Rd Oakland, MD 21550
- Mixed-use properties
- 2,864 SF
- 169.00 lot acres
Current Use by Public Records
- Mixed-use properties
Property Details for 4009 Mayhew Inn Rd
- Year built
- 2000
- Lot size
- 169.00 lot acres
- Property size
- 2,864 SF
- Property type
- Mixed-use properties
Description
This exceptional 169-acre property in Oakland, Maryland, presents a rare development opportunity. Situated on Route 219, it boasts prominent frontage and mixed-use zoning, allowing for a diverse range of projects. The expansive acreage includes approximately 130 acres zoned LR1 and 39 acres zoned CR1, Commercial, and Town Residential. This zoning flexibility opens doors to a wide array of possibilities, including a planned residential development (PRD). Envision a development incorporating water parks, restaurants, residential housing, hotels, and shopping centers – all within a thriving tourist destination. The property's 2,864 square foot existing structure offers additional potential. Garrett County's strategic location, within a 3-4 hour drive of 41 million people and conveniently situated near five major East Coast travel routes, ensures high accessibility and a substantial potential customer base. Deep Creek Lake, a renowned recreational area, attracts over one million visitors annually, providing a built-in market for any development. This is a truly unique opportunity to capitalize on the area's booming tourism and the potential for significant growth. The property's size and zoning make it an unparalleled investment in a desirable location.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Oakland
- County
- Garrett
- State
- Maryland
- Longitude
- -79.34857
- Latitude
- 39.4969
