4852 Montgomery RdEllicott City, MD 21043

For Sale
$4,500,000

Prime Howard County development land. High traffic count, ideal for rezoning.

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional 8.7-acre parcel, located at 4852 & 4862 Montgomery Road in Ellicott City, Maryland, presents a unique investment opportunity. Zoned R20, this property boasts significant potential for redevelopment. Its strategic location adjacent to a B1/B2 neighborhood strip and close proximity to a hard corner offers excellent visibility and accessibility. The high traffic count of 17,371 vehicles per day (VPD, 2016 data) underscores its commercial viability. The property is approved for religious facility use and is ideally suited for rezoning to a higher density or commercial zone, opening up possibilities for a range of developments. Consideration for uses such as assisted living or senior housing is highly compatible with the area. The asking price is $4,500,000, translating to approximately $517,241 per acre. This represents a compelling opportunity for developers seeking a prime location in a thriving Howard County market. The property's size and location make it an attractive prospect for a variety of projects. Serious inquiries are encouraged. The zip code is 21043.

Highlights

  • $4,500,000 asking price for 8.7 acres of land.
  • R20 zoning.
  • $517,241 per acre land value.
  • Adjacent to B1/B2 zoned neighborhood commercial strip, near a hard corner.
  • High potential for rezoning to higher density or commercial use.
  • Suitable for assisted living, senior housing, or religious facilities.

Property Details for 4852 Montgomery Rd

Property type
Other land, Land
Lot Size (sq. ft)
378,972 SF

Location Insight

City
Ellicott City
County
Howard
State
Maryland
Latitude
39.2373856
Longitude
-76.8003276
4852 Montgomery Rd, Ellicott City, Maryland

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4852 Montgomery Rd
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