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Oakland, MD Hotels for Sale

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Terra Alta, WV Swanton, MD Mc Henry, MD
169 Acres Mixed-Use Development Land
Updated: May 7, 2024
169 Acres Mixed-Use Development Land

4009 MAYHEW INN Rd, Oakland, MD 21550

$6,000,000
169.00 AC lot
169 acres in Deep Creek Lake/Garrett County MD with Route 219 frontage.
Zoned for mixed‑use development (LR1, CR1, Commercial, and Town Residential).
Potential for a Planned Residential Development (PRD) with diverse uses like a waterpark, restaurants, housing, hotel, and shopping.
Located within a 3‑4 hour drive of 41 million people.
Deep Creek Lake area attracts over 1 million visitors annually.
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Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Oakland, MD, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Versatile Property in Cumberland's Heart
Versatile Property in Cumberland's Heart

110 GREENE St, Cumberland, MD 21502

$420,000

Unique property with endless possibilities in a prime location.

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Five-Story Commercial Asset in Cumberland
Five-Story Commercial Asset in Cumberland

145 Baltimore St, Cumberland, MD 21502

$320,000
19,480 sqft

Historic building with redevelopment potential in revitalizing downtown Cumberland.

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Hampton Inn Near University
Hampton Inn Near University

3315 Hamlet Pl, Pittsburgh, PA

Contact for pricing
56,904 sqft · 1.07 AC lot

132-room Hampton Inn near University of Pittsburgh/Medical Center.

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Downtown Pittsburgh Hospitality Property
Downtown Pittsburgh Hospitality Property

405 Wood Street, Pittsburgh, PA 15222

Contact for pricing

Hospitality property in downtown Pittsburgh with strong corporate and institutional base.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Prime Corner Retail Development Site
Prime Corner Retail Development Site

12316 WINCHESTER RD SW, Lavale, MD 21502

$495,000
2.05 AC lot

2.05 acre corner site near Walmart and Country Club Mall.

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Commercial Land Near University Town
Commercial Land Near University Town

Chaplin Road lot: University Town Center Drive, Morgantown, WV 26505

$4,995,000
4.55 AC lot

4.55 acre commercial site suitable for various development.

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Prime Commercial Land in Elkins
Prime Commercial Land in Elkins

Plantation Drive, Elkins, WV 26241

$2,000,000
8.33 AC lot

8.33 acres of commercial land adjacent to Hampton Inn.

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Prime Commercial Land Opportunity, Elkins
Prime Commercial Land Opportunity, Elkins

Plantation Drive, Elkins, WV 26241

$2,000,000
11.86 AC lot

11.86 acres of commercial land adjacent to Hampton Inn.

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Oakland, MD Hotels Market Trends and Statistics

Explore 1 hotels for sale in Oakland, MD on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $6,000,000.

Sale prices for resorts in Oakland, MD start at $6,000,000, averaging $6,000,000, and reaching up to $6,000,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Hotels 1

Demographics Overview

Population 13K
Population Growth (5Y) -4.6%
Median Household Income $65,302
College Educated 36.6%

High-Yield Neighborhoods for Investment

Identify Oakland submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
21550 $6M

Taxes & Financing

Tax Rate (average for all types) 1.42%
Property Tax per SF $32.43 per SF
Tax Rate vs County Average 0.05 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Garrett County

New Delisted

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