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    FOR SALE
    Grocery and convenience stores

    4123 Ocean Gtwy, Trappe, MD 21673

    1,421 SF 7.6 ac lot Built 1968
    Entity Owned 13-yr Hold ~ Est. High Equity
    Property ID
    US40-1154419
    Property summary
    AI-generated overview

    This exceptional 7.6-acre commercial property at 4123 Ocean Gateway in Trappe, Maryland, presents a unique investment opportunity. Boasting 932 linear feet of frontage on Route 50, this strategically located site enjoys high visibility and accessibility, with approximately 30,000 vehicles passing daily. The property is zoned CR commercial, encompassing R1, R2, and C1 permitted uses, offering considerable flexibility for diverse development plans. The current structure includes a 1,421 square foot convenience store and a gas station featuring eight new pumps, one high-flow diesel pump, and one off-road diesel pump. A potential Talbot County Class A Beer/Wine License adds further value. The seller is open to subdividing the land into smaller parcels for qualified buyers, catering to various development scales and investment strategies. Its proximity to the new Lakeside at Trappe community, a developing residential area with 2,500 homes under construction, ensures a robust and growing customer base. This prime location offers excellent potential for restaurants, retail establishments, and other commercial ventures, making it an ideal investment for both developers and entrepreneurs seeking a high-traffic, high-visibility location. Two convenient entrances from Route 50 enhance accessibility for customers and employees. The property's substantial size and versatile zoning make it a truly remarkable opportunity in a thriving market.

    Property profile
    Verified
    Property type Grocery and convenience stores
    Use group CONVENIENCE STORE
    Year built 1968
    Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Total area 1,421 SF
    Lot 7.6 ac (331,100 SF)
    Zoning code C2
    APN 03-120392
    UPID US40-1154419
    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
    Current use
    Occupant on record · Public records
    • Freedom Fuel Gas Station
    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
    Super Trappe LLC · 13 yrs held
    Super Trappe LLC
    since 2012
    2 recorded transactions
    2017
    2012
    Zoning & alternative use
    C2 · Trappe, MD
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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