The median home value in Lexington Park, MD is $307,450.
This is
lower than
the county median home value of $325,000.
The national median home value is $308,980.
The average price of homes sold in Lexington Park, MD is $307,450.
Approximately 21.5% of Lexington Park homes are owned,
compared to 65% rented, while
13% are vacant.
Lexington Park real estate listings include condos, townhomes, and single family homes for sale.
Commercial properties are also available.
If you like to see a property, contact Lexington Park real estate agent to arrange a tour
today!
Learn more about Lexington Park Real Estate.
List price to be opening bid at online only auction. Bidding Begins Friday, April 14th and ends on Wednesday, April 19th @ 1:00 PM. Parking spots on bright listing are approximate. Substantially leased (7 out of 8 units) Mixed Use Building Containing Six Apartment Units and Two Commercial Units in the "Lexington Park" Neighborhood of St. Mary's County. Located approximately 4 blocks from the main gate of Patuxent River Naval Air Station the property enjoys prime frontage on the highly trafficked Great Mills Road. IMPROVEMENTS: The property consists 6 apartment units and 2 commercial units. There is ample parking in the front as well as a private a rear parking lot. The front of the property contains the commercial units and the rear of the property is where the apartment entrances are located. The property contains two commercial units, 2 studio apartments and 4 2-bedroom apartments. Unit Rent & Description: The property is currently substantially leased (7 out of 8 units). Apartment 2 is vacant and has an estimated market rent of $1,150. Current Gross Monthly Rent: $10,150. Current Gross Scheduled Annual Rent: $121,800. Potential Gross Monthly Rent Based On Full Occupancy $11,300 Potential Gross Annual Rent Based On Full Occupancy $135,600. SITE: Lot size: 19,995 SF +/- SQ FT zoned MXH (Mixed Use High Density). UTILITIES: The property is served by gas, electric, public water and public sewer.
TMX zoned corner lot. Existing 4 bedroom main structure , single wide residential trailer unit, and work buildings all currently leased individually. Proposed 9,000 sf. new flex/retail/etc. building sited and preliminarily designed. Purchase " As Is" for great investment or use or build new to meet your needs. Seller will also consider build to suit for lease at $18NNN.
This is an amazing investment opportunity! Five parcels sold as one to support an established waterfront mobile home park comprised of approximately 27.8 acres supporting 37 mobile homes and the potential of 50. So much earning potential here! Currently, 26 lots are rented, $300 per, 8 lots are rented, $350 per, and one trailer is the office that can be easily rented. Of the 37 rented lots 3 of the mobile homes will be yours and each rented between $500 - $600 per while the remainder are privately owned. From day one you'll have the potential to bring in existing rents for the mobile homes owned and the additional lot rents. Private well(s) and septics are included within the rent. Electric is by each home owner or tenant. Park covers snow removal and taxes. Call today for more information!
#### RARE OPPORTUNITY!! ##### READY TO BE A REAL ESTATE INVESTOR AND START YOUR OWN PORTFOLIO EMPIRE??!!!! THIS IS AS NO-BRAINER AS IT GETS! 3 CONDOMINIUM UNITS FOR SALE IN 1 REASONABLY PRICED PACKAGE....!!!!! THESE CURRENTLY RENT FOR $1200-1300 PER MONTH AND THERE IS ALWAYS A WAITING LIST TO LEASE THEM! ALL OF THE UNITS WERE RECENTLY UPDATED AND ARE IN GREAT CONDITION! THEY ARE ALL 2 BEDROOM, 1 BATH UNITS. WATER, SEWER, AND TRASH ARE ALL INCLUDED IN THE CONDO FEES ($225 PER MONTH PER UNIT). SUPER-CONVENIENT LOCATION NEAR THE NEW MUSEUM AND RT. 235 MAKES THEM HIGHLY DESIRABLE! WHERE CAN YOU FIND A HOME AT THIS LOW OF A PRICE WITH THIS HIGH OF A RETURN?? INSTANT WEALTH-BUILDING WITH THESE 3 HOMES!!
This is a two unit retail building for sale, one unit is 1,500 SF and the other is 800 SF. Both spaces are currently leased. The one unit pays $1,525.00 a month and the other pays $1,150.00 a month. The insurance is $1,300.00 a year.
Investors. This is a 2,300 SF retail building with 2 tenants with multi year leases. One unit is 1,500 SF and the other is 800 SF. Both units have brand new mini split HVAC units and new flooring. The current expenses are, Insurance $1,372.00 a year and the Real Estate taxes are $1,717.00 a year. The monthly income for the two units are $2,675.00
5,760 +/- square foot one-story office/retail building with excellent visibility on Great Mills Road. The current buildout includes twelve (12) individual officers, separate men's and women's restrooms, a break room/kitchen, a safe room, an IT room, a conference room, and several open spaces in the front and rear of the building well suited for a number of commercial uses. 40 +/- parking spaces and a private sign located out front with additional sign opportunity on the front facade of the building. Please call for further information or to schedule a private showing. Interior photos coming soon. A lease option is available.
LOT 1- 2,560 +/- sq. ft. Commercial Building. Approx. 2.1 +/- acres. property consists of car sale lot. LOT 2- 21,070 +/- sq. ft. of Commercial Building. Approx 1.6 +/- acres. Property consists of large service station building. LOT 3- 0.3 +/- acres of property, small lot behind Lots 1 & 2. Lot 4- .01 +/- acres of property, small lot across from the main site. Zoning- DMX. Close to Route 235 & 237 N & S. Minutes from the main gate of PAX River Naval Base (Cedar Point Road). Nearby there are ships, restaurants, car dealerships, grocery stores and pharmacies.
Sale is three locations 21708 Great Mills Rd - 9747 sf lot 21714 Great Mills Rd - 4,655 sf building on a 11,029 sf lot
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