23285 Point Lookout Road
Leonardtown, MD 20650
MLS #SM9616412

    Est. P&I payment: $4579.37/mo
    Description for 23285 Point Lookout Road, Leonardtown, MD 20650
    This income producing property contains 33.66+/- acres & offers 66 hookups (30 leased) w/water & electric, pavilion, bath house, laundry rm w/6 washers & dryers, dump station, playground & nature trail + six rentals (3 rented) & a 4500SF bldg which houses an ofc, shop & store w/2 overhead doors. Shown by Appointment only, Zoning is RCL & RPD. Close to many tourist sites & the Motorcross & Raceway.
    MLS #SM9616412
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    My Notes for MLS #SM9616412

    General Features

    • Property Type: Commercial
    • Comm Industrial Type: Outside Storage,​Warehouse/Retail,​Storage,​Retail,​Warehouse,​Parking,​Office,​Flex Space,​Automotive
    • Comm Industrial Misc: Delivery Door,​Overhead Doors,​Kitchenette,​Private Office,​Showroom,​Signage Allowed
    • Zoning Code: RCL&RPD

    Exterior Features

    • Exterior: Siding - Aluminum / Steel,​Metal
    • Stories: 1
    • Lot Area Acre: 33.660009
    • Lot Size Area: 1,466,230
    • Water Front: N
    • Parking Included In List Price: Y
    • Parking: Drvwy/Off Str,​DW - Circular,​Free,​Gen Comm Elem,​Handicap Parking
    • # of Garage Spaces: 2

    Interior Features

    • Gross SQFT: 9,109
    • Net SQFT: 9,109
    • Floor: Concrete
    • Drive In Door Height: 8' to 12'

    Utilities Features

    • Cooling Fuel: Electric
    • Sewer Septic: Septic
    • Water: Well

    Financial Features

    • Price Per Square Foot: 165
    • Total Taxes: 21,069.55
    • Total Taxes Payment Freq: Annually
    • City Town Tax Payment Freq: Annually
    • Tax Year: 2013
    • Improvement Assessment Amount: 1,523,300
    • Improvement Assessment Payment Freq: Annually
    • Land Assessment Amount: 526,700
    • Land Assessment Payment Freq: Annually
    • Total Assessment: 2,050,000
    • Total Assessment Payment Freq: Annually
    • Assessment Year: 2014
    • Special Tax Assessment: 1,014.15
    • Special Tax Assessment Payment Freq: Annually
    • Gross Income: 417,000
    • Monthly Gross Rent: 7,500
    • Rental Net Operating Income: 220,000
    • Additional Income Sources: Apartment Rentals,​Parking,​Laundry
    • Expenses: 197,000

    Community Features

    • City: 10000058511
    • County: Saint Marys
    • HOA: N
    • Vacation Home: N
    • Roads: Access-on grade,​City/County,​State,​Paved,​Public Street
    • Advertised Subdivision: NEAR REDGATE

    Misc Features

    • Property Condition: As-is condition
    • Load: Drive-In Door
    • Year Built: 1985
    • Vacancy Factor: 40
    • Tenancy: Lease terms Mixed
    • Auction: N
    • Foreclosure: N
    • Potential Short Sale: No
    • Tenant Rights: Tenant - Notified
    • Present Use: Recreation,​Other,​Retail/Wholesale,​Storage Yard,​Retail,​Office,​Multi Residential


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    The listing information for 23285 Point Lookout Road, Leonardtown, MD 20650 was graciously provided by our friends at the listing brokerage, O Brien Realty

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    P&I Payment $4579.37
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    Last Updated 04/25/2018 at 2:09pm
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