7860 Telegraph RdSevern, MD 21144

For Sale
$878,300 View listing
  • Commercial land
  • 3.35 AC

Property Details for 7860 Telegraph Rd

Lot size
3.35 AC
Zone code
C3
Property type
Commercial land
APN
04-000-90100590
APU
400090100590

Description

This exceptional 3.35-acre commercial land parcel presents a compelling investment opportunity in Severn, Maryland. Located at 7860 Telegraph Road, this property boasts approximately 400 feet of frontage along a high-traffic roadway. The site benefits from a convenient location near a signalized intersection, providing excellent visibility and accessibility. Zoned primarily C-3 (General Commercial) with a smaller portion zoned OS (Open Space), the property is ideally suited for a variety of commercial developments. The C-3 zoning encompasses approximately 90% of the total acreage. Its strategic location offers easy access to major transportation arteries, including I-97 and Route 100, ensuring convenient commutes for employees and customers. The property's proximity to Fort Meade, a new townhouse development, and established retail amenities along the Telegraph Road/Reece Road corridor further enhances its appeal. Nearby businesses include CVS, Exxon, Royal Farms, and Advanced Auto Parts, indicating a thriving commercial environment. Furthermore, its proximity to BWI Airport, Arundel Mills Mall, and LIVE Casino adds to its overall desirability. This prime location, combined with its size and zoning, makes this property an excellent choice for developers seeking a high-potential investment in a rapidly growing area. The asking price is $878,300.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $29,467,072
    Hospitality
    $26,991,680
    Educational
    $22,456,762
    Medical
    $23,229,084
    Retail
    $34,932,740
7860 Telegraph Rd, Severn, Maryland

Location Insight

City
Severn
County
Anne Arundel
State
Maryland
Latitude
39.1356
Longitude
-76.6876
CBSA code
12580
CBSA name
BALTIMORE-TOWSON, 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
$9,591
$878,300
-
$878,300
-
$878,300
-
$878,300

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