4660 Crisfield Hwy Crisfield, MD 21817
This exceptional commercial property, located at 4660 Crisfield Highway in Crisfield, Maryland, presents a unique investment opportunity. The offering encompasses a total of 8.6 acres, including a 5,000 square foot pole-type building situated on a 1.28-acre C-2 zoned lot. The building boasts durable metal siding, insulated windows, and a metal roof, ensuring longevity and energy efficiency. Interior improvements include new Advantek flooring laid over a concrete subfloor, and some electrical wiring has been recently updated. A significant portion of the building (approximately 20' x 40') is specifically designed with two overhead doors, ideal for various commercial uses. The sale also includes Parcel 0051, adding an additional 7.32 acres to the property. This parcel, identified as Lot 5 on the plat, features a fenced gravel parking area, approximately 4.1 acres of wooded land, and a designated forest conservation area. Lot 4A, also included, contains the remains of a concrete pad foundation, offering potential for future development. Access to the property is conveniently located off Route 667. This property offers a blend of improved and undeveloped land, presenting significant potential for a variety of commercial ventures.
The purpose of C-2 zone is to provide for general commercial activities that will accommodate a wide range of business pursuits, retail sales and office and service activities to meet the needs of the citizens of the community
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
C-2 · Crisfield, MDThe purpose of C-2 zone is to provide for general commercial activities that will accommodate a wide range of business pursuits, retail sales and office and service activities to meet the needs of the citizens of the community
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.