708 Hammonds Fry Rd Linthicum, MD 21090-1313
- Investment properties
- 1,448 SF
- 0.98 lot acres
Current Use by Public Records
- Investment properties
Property Details for 708 Hammonds Fry Rd
- Year built
- 1923
- Lot size
- 0.98 lot acres
- Property size
- 1,448 SF
- Zone code
- W1
- Property type
- Investment properties
- Property subtype
- Live-work space
- APN
- 05-000-02667000
- APU
- 500002667000
Description
This exceptional single-tenant retail property, located at 708 N Hammonds Ferry Rd in Linthicum Heights, Maryland, presents a unique investment opportunity. Situated on a sizable 0.9-acre lot, this property is zoned W1, offering flexibility for a variety of retail uses. The building's square footage is currently listed as zero, suggesting a potential ground-up development or redevelopment project. The address is easily accessible, making it highly visible and convenient for customers. The property's location in Linthicum Heights, MD, 21090, provides access to a thriving community and strong consumer base. This is an ideal opportunity for an investor or business owner seeking to establish a presence in a desirable Maryland market. The property's size and zoning offer significant potential for future growth and expansion. Further investigation into the specifics of permitted uses under the W1 zoning designation is recommended. Given the absence of existing building square footage, this property presents a blank canvas for a customized retail development tailored to specific business needs. The 0.9-acre lot provides ample space for parking, landscaping, and potential future expansion. This is a rare opportunity to acquire a prime retail site in a strategic location.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $475,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $590,000
- 6.5%
- $620,000
- 7%
- $580,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $590,000
- Geo Method
- $495,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $670,000
- Retail
- $590,000
- Mixed-Use
- $600,000
- Hospitality
- $495,000
- Educational
- $590,000
- Residential Income
- $665,000
- Energy
- $575,000
- Income-Based Land
- $635,000
- Food Service
- $535,000
Location Insight
- Map
- Local Demand
- City
- Linthicum
- County
- Anne Arundel
- State
- Maryland
- Longitude
- -76.6666
- Latitude
- 39.2228
- CBSA code
- 12580
- CBSA name
- BALTIMORE-TOWSON, MD METROPOLITAN STATISTICAL AREA