8160 Crain Hwy, La Plata, MD 20646
This exceptional 3.4-acre commercial lot is ideally situated on Crain Highway (Route 301) in La Plata, Maryland, zip code 20646. Boasting excellent visibility and convenient access, this fee simple property offers significant development potential. The land is zoned CC (Community Commercial), allowing for a wide range of uses including, but not limited to: churches, professional offices, personal service businesses, dry cleaning/laundromat facilities, banks, medical offices, construction service and supply businesses, retail establishments, antique shops, restaurants, and apartments. The property features a nice, level topography and provides road frontage on Crain Highway, with the rear of the property backing onto Fairground Road. A significant advantage is the existing perc test, completed in 2014, simplifying the development process. This prime location in Charles County presents a rare opportunity for investors and developers seeking a high-visibility site with diverse development possibilities. The asking price for this exceptional property is $225,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.