23531 Mervell Dean RdHollywood, MD 20636

  • Other commercial real estate
  • 2,240 SF
For Sale
$200,000 View listing

Property Details for 23531 Mervell Dean Rd

Year built
2005
Lot size
0.28 AC
Property size (Sq ft)
2,240 SF
Zone code
RMX
Property type
Other commercial real estate
APN
08-046190
APU
8046190

Description

This exceptional 3,360 square foot property located at 23531 Mervell Dean Road in Hollywood, MD, presents a unique investment opportunity. Situated on a 0.28-acre lot, this Colonial-style building offers remarkable flexibility. Currently configured as a blend of residential and commercial space, it can easily be adapted to suit a variety of uses. The upper level boasts four bedrooms and two full bathrooms, ideal for residential use or as executive suites. The main level features adaptable rooms suitable for living areas, a dining room, family room, and kitchen, or alternatively, a flexible office layout. A full, unfinished basement provides ample storage or expansion potential. The property benefits from a highly desirable location with over 30,000 vehicles passing daily, ensuring excellent visibility and accessibility for any business. The asking price is $200,000, and the property is being sold in its "as is" condition. This presents a rare chance to acquire a versatile property in a high-traffic area, perfect for an owner-occupier or investor seeking a strong return. The combination of residential and commercial potential makes this a truly unique offering in the Hollywood, MD market. Don't miss this opportunity to secure a prime location with significant upside potential.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $662,599
    Hospitality
    $606,937
    Educational
    $504,965
    Medical
    $522,331
    Retail
    $785,501
23531 Mervell Dean Rd, Hollywood, Maryland

Location Insight

City
Hollywood
County
St. Mary's
State
Maryland
Latitude
38.3137
Longitude
-76.5355
CBSA code
15680
CBSA name
CALIFORNIA-LEXINGTON PARK, MD METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$4,561
$210,000
$215,900
$425,900
-
$210,000
$215,900
$425,900

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