4021 Old Town RdHuntingtown, MD 20639

Property Details for 4021 Old Town Rd

Year built

2015

Construction

BRICK

Lot size

2.73 AC

Property size (Sq ft)

17,184 SF

Zone code

TC

Property type

Investment properties

Property subtype

Live-work space

APN

02-001101

APU

2001101

Description

This exceptional 2.7-acre commercial development site, located at 4021 Old Town Road in Huntingtown, Maryland, presents a unique investment opportunity. Zoned for Town Center Mixed-use development, this fee-simple property boasts a total area of 117,612 square feet and is priced at $765,000, or $6.50 per square foot. The land value alone is assessed at $6.43 per square foot. Its highly visible location on Old Town Road, bordered by MD Routes 2/4, offers unparalleled exposure. The property enjoys excellent accessibility from Old Town Road and benefits from its proximity to Huntingtown High School, ensuring high visibility and potential for significant foot traffic. This prime location in downtown Huntingtown provides developers with a strategic advantage for a variety of commercial ventures. The APN is 05-001101, and the property is zoned for Town Center Mixed-use development, offering flexibility for diverse project types. This owner/user investment opportunity is ready for your vision. The zip code is 20639.

• CAP approach

  CAP return

  Valuation

  6%

  $3,178,100

  6.5%

  $2,933,630

  7%

  $2,724,080

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,023,900

  Geo Method

  $2,927,300

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $5,786,720

  Retail / Commercial

  $2,954,400

  Hospitality / Lodging

  $2,138,980

  Office

  $2,905,540

  Institutional / Educational

  $3,046,130

  Residential Income

  $3,563,970

  Multifamily

  $4,331,210

  Automotive / Energy

  $2,610,970

  Parking / Income-Based Land

  $911,132

  Restaurant / Food Service

  $1,503,950

  Healthcare / Senior Housing

  $3,018,880

Location Insight

City

Huntingtown

County

Calvert

State

Maryland

Latitude

38.6184

Longitude

-76.6127

CBSA code

47900

CBSA name

WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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