Listed By:
RE/MAX Closers
Address
21445 Sanners Lane, Lexington Park, MD
Price
$ 499,000
Property Attributes
  • MLS#MDSM2017450
  • TypeCommercial
  • CountySAINT MARYS
  • CityLexington Park
  • Zip20653
  • StyleApartment Building,Auto Related,Banquet Facility/L
  • Year Built1958
  • Taxes$ 3746
  • Price$ 499,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage5000
  • Lot Size0.81 Acres
Data Source:
Bright MLS
Property Description

Exceptional Commercial Opportunity at 21445 Sanners Lane, Lexington Park, MD. Discover the economic potential of this premier commercial property strategically located 1.4 miles southwest of Gate Two of the Patuxent River Naval Air Station in Lexington Park, Maryland. This invitation extends to investors, entrepreneurs, and business visionaries seeking a prime location with possibilities for growth and expansion. Strategic Location: Positioned with direct access to the bustling traffic of Great Mills Road, this property offers approximately 150 feet of road frontage, ensuring high visibility and easy access for any business. Its proximity to the Patuxent River Naval Air Station makes it an ideal spot for businesses catering to military personnel or those looking to tap into the technology and defense sectors. Surrounded by Business and Leisure: Flanked by The Mulligans Golf Range, the Taylor Gas Company, and the serene Sanner Subdivision Farmstead, the site offers a unique blend of business and leisure, appealing to a diverse clientele. Optimal Zoning: With High Intensity Mixed Use (MXH) zoning, this .81-acre (35,400 SF) lot opens the door to a wide range of development opportunities. From residential to commercial redevelopment, the possibilities are vast and varied. Utility Ready: The property is equipped with existing sewer service through Metcom and a 12" water main across the street, priming it for development and ensuring a smooth transition from planning to execution. Current Cash Flow: The property is generating revenue with two established tenants in place. This immediate income stream offers financial stability and can help offset some of the costs associated with holding the property. While you lay the groundwork for future expansion or redevelopment, you can rest assured that the property is not sitting idle but is actively contributing to your investment. A Foundation for Success: Whether you're looking to expand your current business, embark on a new investment venture, or launch your dream project, 21445 Sanners Lane provides the perfect foundation for success in a dynamic and growing area. The property benefits not only from its strategic location and flexible zoning but also from its position in a community surrounded by medium-intensity mixed-use developments, representing a rare opportunity to invest in a high-demand area. Seize the Opportunity: Explore the various site concepts and realize that this opportunity is more than just a property; it's a launching pad for your next big venture. Contact us today to schedule a viewing and take the first step toward bringing your vision to life at this exceptional Lexington Park location. Don't miss out on this unique opportunity. (Additionally, the seller is open to building to suite for the right situation.)

Price History
2/26/2024 Listed $599,000
3/14/2024 17% - $499,000

General Features

Sewer Public Sewer
Heating Heat Pump(s)
Cooling Central A/C
Possession Settlement
Roof Shingle
Zoning DMX
Construction Materials Vinyl Siding
Year Built 1958
Property SubType Mixed Use
Tax Year 2023
Percent Ownership Fee Simple
Cool Fuel Electric
Gross Income 27600.00
Business Type Apartment Building,Auto Related,Banquet Facility/Lodge,Bed and Breakfast,Big Box Retail,Day Care Facility,Flex,Institutional,Medical,Pad Site,Other/General Retail,Parking Lot,Professional,Religious F
Accessibility None
County SAINT MARYS
New Construction No
Property Type Commercial Sale
Water Access Y/N No
Property Use Investment
Status ACTIVE
Directions Starting on Great Mills Road,Turn Right onto Sanners Lane. Property is the corner parcel on Sanners Lane.
ModificationTimestamp 2024-03-14T13:11:36
City LEXINGTON PARK
Buyer Agent Compensation 3
Disclosures Lead Based Paint - Federal,Lead Based Paint - State,Under Lease
Total Units 3
Lot Size Square Feet 35400.00
Tax Assessed Value 390300.0
Waterfront Y/N No
Street Name SANNERS
Tax Annual Amount 3746.0
Price Per Sq Ft 116.7
Acceptable Financing Cash,Negotiable
Historic Y/N No
Vacation Rental Y/N No
Days on Market 51
Standard Status Active
Year Built Source Assessor
Buyer Agent Compensation Type % Of Gross

Interior Features

Heating Fuel Electric
Hot Water Electric
Heating Y/N Yes
Street Suffix LANE
Central Air Y/N Yes

Exterior Features

Water Source Public
Total Parking Spaces 2
Type of Parking Driveway
Land Use Code C
Water View Y/N No
Building Area Total 4276.00
Lot Size Acres 0.81
Lot Size Units Square Feet
Lot Size Source Assessor
Land Assessed Value 285200.00
Navigable Water Y/N No
Water Oriented Y/N No
Car Parking Spaces 1

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 20653

Price
AVG $600K
$500K
Taxes
AVG $4,945
$3,746
Visits
AVG 231
56
Data Provided by Inside Real Estate®
Year Built
AVG 1940
1958