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3440 Laurel Fort Meade Rd
Laurel, MD 20724
Red Crown Inn · Hospitality Property For Sale · 19,840 SF

PROPERTY FACTS

Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 1.00 AC
Building Size 19,840 SF
No. Stories 2
Year Built 1979
Parking Ratio 2.77/1,000 SF
Corridor Exterior
Zoning C2

ABOUT 3440 LAUREL FORT MEADE RD , LAUREL, MD 20724

LOCATION: The Red Crown Inn, located on Maryland Route 198, just west of the Baltimore-Washington Parkway, has been operated by the same family for 32 years. The surrounding area is known as Laurel, a suburban community which straddles the Prince George’s, Anne Arundel and Howard County lines. The Red Crown Inn is located in Anne Arundel County, between the Laurel Main Street area along U.S. Route 1 and the Baltimore Washington Parkway. The immediate area, known as Maryland City, is comprised of shopping centers, motels, office buildings and other commercial enterprises, surrounded by residential development. Maryland City is conveniently located equidistant from Washington, D.C. and Baltimore, near NSA, Fort Meade, Laurel Race Course, University of Maryland, Bowie State University, BWI Airport and numerous regional employers. According to the 2016 Anne Arundel County Traffic Volume Map, the Baltimore Washington Parkway has approximately 101,980 vehicles per day at MD-198 (Laurel Fort Meade Road) and approximately 21,751 vehicles per day along MD-198 at the Red Crown Inn. MD-198 is a six-lane highway with median strip and a traffic signal at the Red Crown Inn, providing excellent access from eastbound or westbound vehicles. SITE: Rectangular lot, fronting 178.89' on the north side of MD-198 by a depth of 243.63', comprising 1.0 acre of land. Zoning C2, Commercial Office District Utilities - gas, electricity, public sewer, private well (public water is available), cable tv and internet. Asphalt paved parking lot on each side of building. Concrete curbing and sidewalk along front of property. Entrance at traffic signal. IMPROVEMENTS: Two story brick and stucco motel building, constructed in 1979 and containing 19,840 square feet of gross building area, according to public tax records. The structure has shingle and built-up roofs, aluminum sliding windows, and features: 52 standard motel rooms with private baths, individual heat pump/central air conditioning, units Front portico entry Lobby, reception area and office Laundry area Vending area 5 exterior entrances

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
04-000-04541615
Land Assessment
$480,000
Improvements Assessment
$1,247,100
Total Assessment
$1,727,100
  • Listing ID: 13837827

  • Date on Market: 9/20/2018

  • Last Updated:

  • Address: 3440 Laurel Fort Meade Rd, Laurel, MD 20724

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