4852 Montgomery Rd Ellicott City, MD 21043
- Commercial real estate
- 8.70 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 4852 Montgomery Rd
- Lot size
- 8.70 lot acres
- Property type
- Commercial real estate
Description
This exceptional 8.7-acre parcel, located at 4852 & 4862 Montgomery Road in Ellicott City, Maryland, presents a unique investment opportunity. Zoned R20, this property boasts significant potential for redevelopment. Its strategic location adjacent to a B1/B2 neighborhood strip and close proximity to a hard corner offers excellent visibility and accessibility. The high traffic count of 17,371 vehicles per day (VPD, 2016 data) underscores its commercial viability. The property is approved for religious facility use and is ideally suited for rezoning to a higher density or commercial zone, opening up possibilities for a range of developments. Consideration for uses such as assisted living or senior housing is highly compatible with the area. The asking price is $4,500,000, translating to approximately $517,241 per acre. This represents a compelling opportunity for developers seeking a prime location in a thriving Howard County market. The property's size and location make it an attractive prospect for a variety of projects. Serious inquiries are encouraged. The zip code is 21043.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Ellicott City
- County
- Howard
- State
- Maryland
- Longitude
- -76.8003276
- Latitude
- 39.2373856
