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US Route 50/301 - Route 50/301 & Exit 43B

28.44 Acres of Commercial Land Offered at $5,197,316 CAD 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.

Property Facts

Price $5,197,316 CAD
Sale Type Investment
Sale Conditions Short Sale
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Mixed Use
Total Lot Size 28.44 AC
Cross Streets Chester River Beach Rd

1 Lot Available

Lot

Price $5,197,316 CAD
Price Per AC $182,747 CAD
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.

zoning

Zoning Code Commercial (Urban Commercial)
Commercial (Urban Commercial)
  • Listing ID: 22570887

  • Date on Market: 2021-03-26

  • Last Updated:

  • Address: US Route 50/301, Grasonville, MD 21638

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