Property profile

Main St Grasonville, MD 21638

OFF-MARKET
Commercial land
Property ID
US40-0990631
0.18 ac lot
Individually Owned 3-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

The property is a 4.638-acre commercial land parcel located in Grasonville, Maryland. It is zoned GGMC (Grasonville Gateway and Medical Center) and has access to MD Route 50, with the property benefiting from an estimated 74,732 AADT traffic count on Route 50. The site is adjacent to the University of Maryland Eastern Shore Emergency Center. The parcel has been developed with access roads and curbs, and utilities are available to the site.

Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 0.18 ac (8,002 SF)
Zoning code GVC
APN 05-126995
UPID US40-0990631

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Main St Grasonville, MD 21638
Grasonville metro BALTIMORE-TOWSON, MD METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$255k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$255k

Owner & transaction history

since 2023
1 recorded transaction
2023
Price N/A

Zoning & alternative use

GVC · Grasonville, MD

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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