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736 Md-3Gambrills, MD 21054

Prime Commercial & Residential Land

Overview

Added:
Dec 11, 2024
Days on market:
117
This exceptional 21.7-acre property in Gambrills, Maryland, presents a rare investment opportunity. Strategically located at the corner of MD Rt 3 S and McKnew Rd, the land boasts significant frontage (approximately 1400 feet) on MD Rt 3 S. The property is uniquely zoned dual-use, offering both commercial (C3) and residential (R5) potential. Approximately 10.704 acres are zoned C3, ideal for retail, office, service businesses, or pad sites. The remaining approximately 11.05 acres are zoned R5, allowing for a variety of residential developments. Potential uses include townhouses (with possible density for approximately 100 units), assisted living facilities, or single-family homes. Adding to its appeal, the property includes two existing residential rental properties, providing immediate income potential. This large tract presents a unique chance to develop a mixed-use project in a high-demand area of Anne Arundel County, Maryland, with easy access to major roadways and amenities. The property's location in Gambrills, zip code 21054, offers excellent visibility and accessibility. This is a truly exceptional opportunity for developers and investors seeking a substantial land holding with diverse development possibilities. The property is situated in Anne Arundel County and offers a blend of commercial and residential zoning, making it a versatile and attractive investment.

Highlights

  • Rare 21.7-acre Gambrills, MD land offering two existing rental properties.
  • ±10.7 acres C3 zoned, providing ±1400 feet of frontage on MD Rt 3 S, suitable for retail, office, service, or pad sites.
  • ±11 acres R5 zoned, allowing for approximately 100 townhouses, assisted living, or single-family homes.
  • High-visibility corner lot at MD Rt 3 S and McKnew Rd.

Property Details for 736 Md-3

Property type
Land
Lot Size (sq. ft)
945,252 SF

Location Insight

City
Gambrills
County
Anne Arundel
State
Maryland
Latitude
39.0512991
Longitude
-76.6634423
736 Md-3, Gambrills, Maryland

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736 Md-3
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