121 Rental Ln - Flex FOR SALE


Grasonville, MD 21638
$3,495,000 USD
800-913-4326
121 Rental Ln, Grasonville, MD for Sale
$3,495,000 USD
Flex - FOR SALE
1/11
null | Request Cap Rate

121 Rental Ln
Grasonville, MD 21638


HIGHLIGHTS

  • On Route 50/301 with 70,000 cars per day exposure
  • The property is zoned Urban Commercial (UC)
  • Both buildings are steel and have mezzanine levels

OVERVIEW

Prime commercial opportunity available just off Route 50 with easy access. This high-visibility location offers exceptional exposure to heavy traffic, making it perfect for businesses looking to attract attention. Close proximity to the Chesapeake Bay Bridge, with prominent digital signage visible to approximately 74,000+ cars per day. Zoning: The property is zoned Urban Commercial (UC). Zoning offers broad uses for the property, including most retail and light industrial. Tenancy: The site is leased to 2 tenants that utilize the buildings and open-air storage. There is additional rental income for parking utilized by the neighbor (Rental Works). There is a vacant portion of the site that has rental income potential (Discussed in previous years as a cell tower base). Improvements: The larger building is 130' x 60' which includes a 30' x 60' office area, a 30' x 60' storage area and a 70' x 60' shop area which totals 7,800+/- SF. The smaller building is 80' x 50' on the first floor and 50' x 20' 5" on the second floor for offices which totals 5,025+/-SF. Both buildings are steel and have mezzanine levels which makes the usable square footage more than the footprint. Utilities: The property is served by public sewer, and the water is provided by a well. Heat is a mixture of oil furnaces running both industrial heaters and heated flooring in the warehouse areas. The office and retail areas are served by HVAC systems. Check with Queen Anne s County planning and zoning for permitted uses. Great opportunity. Call today for showing!

FOR SALE DETAILS

PRICE

$3,495,000 USD

PRICE/SF

$108 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

121 Rental Lane Commercial 5.41 Acres

PROPERTY TYPE

Flex

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1980

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

5.41

LAND SF

235,660

ZONING

UC

APN/PARCEL ID

05-016827

ASK ABOUT THIS PROPERTY

Lona Sue ToddTaylor PropertiesMore Info
800-913-4326

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Lona Sue ToddTaylor PropertiesMore Info
800-913-4326

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.