2355 Davidsonville RdGambrills, MD 21054

Property Details for 2355 Davidsonville Rd

Year built

1953

Construction

FRAME

Lot size

2.86 AC

Property size (Sq ft)

2,985 SF

Zone code

C1

Property type

Investment properties

Property subtype

Live-work space

APN

02-000-90007532

APU

200090007532

Description

This exceptional 2.86-acre commercial land parcel presents a unique investment opportunity in Gambrills, Maryland. Located at 2355 Davidsonville Road (Route 424), this highly visible property boasts a strategic location west of the Davidsonville Road and Defense Highway intersection, also known as Staples Corner. The property is zoned C1 Commercial, offering a wide range of permitted uses, including residential, retail specialty stores, schools, veterinary clinics, adult day care facilities, convenience stores, offices, and religious facilities. With an asking price of $1,250,000, this translates to $437,000 per acre, reflecting the significant value of this prime location. The high traffic count of 18,650 vehicles daily on Route 424 ensures exceptional exposure for any development. This property's versatility and prime location make it an ideal investment for developers seeking a high-impact commercial project in a thriving Anne Arundel County market. The property's address is 2355 Davidsonville Rd, Gambrills, MD 21054. This is a rare opportunity to acquire a substantial commercial land parcel in a highly desirable area with excellent visibility and diverse development potential.

• CAP approach

  CAP return

  Valuation

  6%

  $491,865

  6.5%

  $454,029

  7%

  $421,599

• Comparable approach

  Method

  Valuation

  Relative Method

  $173,104

  Geo Method

  $187,786

• Alternative Use

  Use

  Valuation

  Residential

  $562,996

  Hospitality

  $515,702

  Educational

  $429,058

  Medical

  $443,814

  Retail

  $667,423

Location Insight

City

Gambrills

County

Anne Arundel

State

Maryland

Latitude

38.9916

Longitude

-76.6698

CBSA code

12580

CBSA name

BALTIMORE-TOWSON, MD METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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