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00 Principio Furnace Road Rd - Vaught 4.01 Acres of Commercial Land Offered at $170,064 CAD in Perryville, MD 21903
Investment Highlights
- 4.01-acre parcel zoned RM for residential development opportunities.
- High-visibility corridor with quick access to I-95, U.S. Route 40, and MARC/Amtrak rail services.
- Within a strong residential trade area with average household incomes over $100,000 at three-mile radius.
- Potential access to city utilities through annexation into Perryville.
- Proximity to national retailers and major employers including Amazon, Lidl, and Ikea.
Executive Summary
Property Facts
| Price | $170,064 CAD | Property Type | Land |
| Sale Type | Investment or Owner User | Property Subtype | Commercial |
| Sale Condition | Build to Suit | Total Lot Size | 4.01 AC |
| No. Lots | 1 | Cross Streets | Riverview Dr or Bayscape Drive |
| Price | $170,064 CAD |
| Sale Type | Investment or Owner User |
| Sale Condition | Build to Suit |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 4.01 AC |
| Cross Streets | Riverview Dr or Bayscape Drive |
1 Lot Available
Lot 0034
| Price | $170,064 CAD | Lot Size | 4.01 AC |
| Price Per AC | $42,409.91 CAD |
| Price | $170,064 CAD |
| Price Per AC | $42,409.91 CAD |
| Lot Size | 4.01 AC |
Use: Residential Unlock the potential of this prime property, strategically zoned RM, offering an exceptional opportunity for residential development Map: 0034, Block: 0006 Parcel: 0033 Liber: 1203 Folio: 368 NW/S Principio Furnace Rd N/E Perryville
Description
This 4.01-acre parcel on Principio Furnace Road in Perryville, Maryland offers a prime residential development opportunity within a strategic growth corridor. Zoned RM for medium-density residential, the site is ideal for a range of residential projects, such as single-family homes, townhouses, or similar housing developments. With the potential for annexation into the Town of Perryville, the property could gain access to municipal utilities, significantly enhancing feasibility and long-term value. Positioned near major transportation routes, including I-95 and U.S. Route 40, the property benefits from excellent regional connectivity, making it attractive for commuters while offering proximity to local amenities. The surrounding area features a mix of established neighborhoods and future development sites, supporting a strong residential demand base. Nearby employers such as Amazon, GE, and Smithfield, as well as retail options like Lidl and Ikea, provide a robust employment and consumer foundation. Entertainment and leisure options—including Hollywood Casino and Furnace Bay Golf Course—further strengthen the location’s appeal. With an average household income exceeding $118,000 within a five-mile radius, the area’s demographic profile aligns with steady housing demand, making this parcel a compelling choice for residential developers and investors alike.
Presented by
Fifth Street Properties
00 Principio Furnace Road Rd - Vaught
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