23531 Mervell Dean RdHollywood, MD 20636
- Other commercial real estate
- 2,240 SF
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
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
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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