121 Rental Lane Grasonville, MD $ 3,495,000
121 Rental Lane
$ 3,495,000
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121 Rental Lane

Grasonville, MD, 21638
$ 3,495,000
Bedrooms-- Baths-- Sq 12,825

Monthly Estimate*

$ 21,804

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Commercial Property for sale in Grasonville, MD

for $3,495,000. This 12,825 square foot building was built in 1997 on a lot size of 5.41.

Prime commercial opportunity available just off Route 50 with easy access. This high-visibility location offers exceptional exposure to heavy traffic, making it perfect for businesses looking to attract attention. Close proximity to the Chesapeake Bay Bridge, with prominent digital signage visible to approximately 74,000+ cars per day. Zoning: The property 5.41 acres is zoned Urban Commercial (UC). Zoning offers broad uses for the property, including most retail and light industrial. Tenancy: The site is leased to 2 tenants that utilize the buildings and open-air storage. There is additional rental income for parking utilized by the neighbor (Rental Works). There is a vacant portion of the site that has rental income potential (Discussed in previous years as a cell tower base). Improvements: The larger building is 130' x 60' which includes a 30' x 60' office area, a 30' x 60' storage area and a 70' x 60' shop area which totals 7,800+/- SF. The smaller building is 80' x 50' on the first floor and 50' x 20' 5" on the second floor for offices which totals 5,025+/-SF. Therefore, the total is 15,600 sq ft. Both buildings are steel and have mezzanine levels which makes the usable square footage more than the footprint. Utilities: The property is served by public sewer, and the water is provided by a well. Heat is a mixture of oil furnaces running both industrial heaters and heated flooring in the warehouse areas. The office and retail areas are served by HVAC systems. Check with Queen Anne s County planning and zoning for permitted uses. Great opportunity. Call today for showing!

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Commercial Active

Price

$ 3,495,000

Property Type

Commercial

Taxes

$ 14,169

Style

Warehouse,Storage,Parking Lot,Pad Site,/General R

Lot Size

5.41

Year Built

1997

Town/City

Grasonville

County/Region

Queen Annes

MLS | Web ID

MDQA2015430

Features
Interior
Heating Fuel Oil Other
Hot Water Other
Heating Y/N Y
Central Air Y/N N
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General
Sewer Public Sewer
Heating Hot Water
Cooling Other
Possession Settlement
Zoning UC
Construction Materials Steel Siding Other
Year Built 1997
Property Subtype Mixed Use
Tax Year 2024
Ownership Fee Simple
Cool Fuel Electric
Business Type Other Warehouse Storage Parking Lot Pad Site Other/General Retail Auto Related Flex Manufacturing
Accessibility None
County QUEEN ANNES
New Construction N
Property Type Commercial Sale
Water Access Y/N N
Status ACTIVE
Directions Rt 50/301 East of the Kent Narrows bridge. Exit onto Station Lane. The property is on the left take an immediate left onto Rental Lane. Straight back to the far two red buildings (not the one on the
City GRASONVILLE
Number Of Units Total 2
Lot Size Units Square Feet
Lot Size Square Feet 235660.00
Tax Annual Amount 14169.0
Price Per Sq Ft Total AG 224.04
Vacation Rental Y/N N
Virtual Tour https://www.youtube.com/watch?v=_HXCAyOPLrg
Location Type Highway
Standard Status Active
Year Built Source Assessor
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Exterior
Water Source Well
Type of Parking Parking Lot
Water View Y/N N
Building Area Total 15600.00
Lot Size Acres 5.41
Lot Size Source Assessor
Waterfront Y/N N
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 121
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* Excluded Features
List By
Taylor Properties

Broker

lstodd11@outlook.com

Email

Affordability Calculator

$22,985
Per Month
95%
5%
0%
Monthly Principal & Interest
$21,804
Monthly Property Taxes
$1,181
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
2136830 Elementary School
2137124 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/23/2025$3,495,000 Listed Price

Map


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121 Rental Lane, Grasonville, MD, 21638 is a Commercial Property for sale at $3,495,000 with 12,825 sqft and a lot size of 5.41. 121 Rental Lane was built in 1997. The property's zip code is 21638 which is in Grasonville, MD