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Updated about 5 years ago,

User Stats

25
Posts
7
Votes
Jordan Kim
  • Investor
  • Silver Spring, MD
7
Votes |
25
Posts

What to do with Commercial Land in Washington-Balti Metro Area

Jordan Kim
  • Investor
  • Silver Spring, MD
Posted

Hello Everyone,  I need help on what to do with my commercial land in Odenton, MD.  It is located on Rt 175 right front of Ft. Meade, Maryland.  It is a little less than 1/4 acre between Dunkin Donut and BP gas station.  It is zoned for pretty much any retail and office use.  It is in redevelopment area, and has good potential, but it's drawback is size (only 0.22 AC).  Currently, I do not have enough money to build a building myself due to financial difficulty I had about 5 years ago. Although I am financially OK now, I will have hard time getting any construction loan.  My other option is to sell using a commercial broker, but these guys are seemed only interested in selling at least million dollars plus project.  I hired a small commercial broker, but all he did was putting it on the online listing, and put a sign at the property.  I know it takes time to sell commercial land, but I am getting very frustrated.  Any advise?  Thoughts? Ideas?  Below is the map/pic of the location.

https://www.google.com/maps/@39.104607,-76.7221145,3a,75y,73.01h,85.14t/data=!3m6!1e1!3m4!1snJ7AAQgHWmU5bRx58g4X-w!2e0!7i13312!8i6656

Thanks!

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