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US Route 50/301 - Route 50/301 & Exit 43B 28.44 Acres of Commercial Land Offered at $3,700,000 in Grasonville, MD 21638
Investment Highlights
- In-fill development opportunity
- Buy wholesale, subdivide, and sell retail
- Capitalize on both highway and village features
- Largest development land tract on Kent Island
- Create a true mixed use neighborhood
Executive Summary
Significant development opportunity on this expansive 28-acre tract, prominently situated along the
corridors of US Routes 50/301 in the highly desirable Kent Island vicinity. This prime parcel of land stands as
the largest available development tract in the area, offering many possibilities with great visibility to over
75,000 vehicles per day.
Near the metro hubs of Baltimore, Washington D.C., and Annapolis, this property is a great hub of
accessibility, boasting proximity to 40% of the nation’s population within a three-hour radius. The offering
comprises two distinct tax parcels, allowing for multiple development scenarios.
Public water and sewer facilities available. This property offers the potential to craft a vibrant mixed-use,
logistics, or industrial site along a highly-trafficked corridor.
corridors of US Routes 50/301 in the highly desirable Kent Island vicinity. This prime parcel of land stands as
the largest available development tract in the area, offering many possibilities with great visibility to over
75,000 vehicles per day.
Near the metro hubs of Baltimore, Washington D.C., and Annapolis, this property is a great hub of
accessibility, boasting proximity to 40% of the nation’s population within a three-hour radius. The offering
comprises two distinct tax parcels, allowing for multiple development scenarios.
Public water and sewer facilities available. This property offers the potential to craft a vibrant mixed-use,
logistics, or industrial site along a highly-trafficked corridor.
Property Facts Under Contract
1 Lot Available
Lot
| Price | $3,700,000 | Lot Size | 28.44 AC |
| Price Per AC | $130,098.45 |
| Price | $3,700,000 |
| Price Per AC | $130,098.45 |
| Lot Size | 28.44 AC |
Description
The largest development tract available along US Routes 50 / 301 in the Kent Island area. Located within easy commuting distance of Baltimore, Washington and Annapolis, and within three hours of 40% of the nation's population. Two tax parcels allow for highway intersection uses as well as Town Center mixed use development scenarios.
Somewhat walkable
20/100
Exceptionally drivable
100/100
Limited public transit
20/100
Somewhat bikeable
30/100
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US Route 50/301 - Route 50/301 & Exit 43B