30320 Triangle DrCharlotte Hall, MD 20622

Property Details for 30320 Triangle Dr

Year built

2010

Lot size

2.23 AC

Property size (Sq ft)

23,007 SF

Zone code

TMX

Property type

Strip malls

Property subtype

Neighborhood centers

APN

05-177827

APU

5177827

Description

This exceptional retail opportunity presents two available spaces within the Charlotte Hall Square shopping center, located at 30320 Triangle Dr, Charlotte Hall, MD 20622. Situated on a highly visible location in St. Mary's County, this property boasts a significant daily traffic count of 38,574 vehicles. The center offers a rare chance to secure small shop space in an underserved market. One space measures 1,750 square feet, ideal for a variety of retail uses. Additionally, two pad sites are available, one spanning 1.306 acres and the other 0.859 acres, providing flexibility for larger-scale development or expansion. The property's strategic location offers convenient access to commuter lots, ensuring high visibility and accessibility for customers. Enhance your business presence with available pylon signage on the highly trafficked Three Notch Road. The rental rate is $28 per square foot, with net, net, net (NNN) expenses totaling $6.12 per square foot. This property represents a unique investment opportunity in a growing market. The property is classified as Retail for Lease with multiple tenancies. The total land area is one acre.

• CAP approach

  CAP return

  Valuation

  6%

  $8,740,184

  6.5%

  $8,067,862

  7%

  $7,491,586

• Comparable approach

  Method

  Valuation

  Relative Method

  $9,682,846

  Geo Method

  $9,682,846

• Alternative Use

  Use

  Valuation

  Residential

  $6,805,544

  Hospitality

  $6,233,842

  Educational

  $5,186,483

  Medical

  $5,364,854

  Retail

  $8,067,862

Location Insight

City

Charlotte Hall

County

St. Mary's

State

Maryland

Latitude

38.4989

Longitude

-76.772

CBSA code

15680

CBSA name

CALIFORNIA-LEXINGTON PARK, MD METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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