7860 Telegraph Road, Severn, MD 21144Asking Price of: $399,000

This property will be sold at ONLINE AUCTION. LIST PRICE REPRESENTS OPENING BID. Discover a prime opportunity with this 3.35-acre commercial lot at 7860 Telegraph Rd in Severn, Maryland. Ideally situated near the bustling intersection of Reece Rd and Donaldson Ave, this property offers excellent visibility and easy access to major routes. There are approx. 96 permitted uses with the C-3 commercial zoning. C3 is generally intended for larger arterial strip commercial development and shopping centers that offer a wide range of commercial uses that serve a broad market area including allowable townhome and multi-family development. C3 allows for up to 15 townhomes to be built per acre. The property is located approx. 320' south of the intersection with Donaldson Ave. It has 421' frontage along Telegraph Rd. Public water and sewer are believed to be available to the site but will require verification with the Anne Arundel County Government. Appraised in September 2020 for $980,000 for possible refinancing purposes. Average Annual Daily Traffic (2018) according to the MDOT SHA is approx. 26,000 vehicles. Seller is open to creative offers that involve reduced deposits in exchange for paying seller carry during due diligence period, possible seller financing, etc. Bidding will open at 12 Noon on Wednesday, May 6, 2026 and close at 5:00 PM on Friday, May 8, 2026. Additional Auction Terms: -10% buyer's premium will be added to the winning bid. -Buyer's Agent must be registered as an agent on Homesale.plus prior to the time buyer places 1st bid. -Property is sold AS-IS, no inspection contingency. -No financing contingency. -Buyer pays all transfer & recordation taxes.