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    28420 Point Lookout Rd Loveville, MD 20656

    For Sale
    $650,000

    Commercial Sale - LOVEVILLE, MD

    Type:Retail
    Lot size:
    0.68 Acres
    Days on Market:
    275
    Last Refresh:
    Dec 13 at 5:06 pm

    Property Features for 28420 Point Lookout Rd

    General Information

    Property type
    Other
    Property subtype
    Retail
    Standard status
    Active
    Parking
    15
    Parking features
    Driveway
    Lot size
    0.68 Acres

    Utilities

    Heating system
    Space Heater
    Cooling system
    Ceiling Fan(s)

    Building Details

    Year built
    1915
    Number of units
    1
    Building materials
    Combination, Brick, Vinyl Siding

    Baldus Real Estate, Inc. (301) 870-3131 [email protected]

    Listing agent Sarah Swann (301) 643-9492 License #662211

    Listing date Mar 14, 2025

    Copyright © 2025 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Mixed-Use Commercial Opportunity in LOVEVILLE

    This mixed-use commercial property in LOVEVILLE, MD, presents an opportunity for business operations alongside a residential component. The property includes a 2-bedroom, 1-bathroom home located behind the commercial space, which is currently rented for income. Recent updates include a new roof and the installation of mini-split air conditioning units. The location benefits from a daily traffic count of 10,000 vehicles (SHA-2023). The lot size is 0.68 acres.
    Location Intelligence

    Current Use by Public Records

    Live-work space

    Suggested Use

    Building Supply Wholesale Shop Auto Repair Shop Clothing Store Food Market Grocery Store Kitchen & Bath Electrical Service Furniture Store Garden Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Loveville
    County
    St. Mary's
    State
    Maryland
    Longitude
    -76.68303375
    Latitude
    38.36135535

    FAQs

    What type of property is this?
    Live-work space - Mixed-use property with live-in home and high traffic count.
    Where is this live-work space located?
    The property is located at 28420 Point Lookout Rd Loveville, MD.
    What is the asking price?
    The asking price for this property is $650,000.
    What are key features of this property?
    This property features: - Mixed-use commercial property with a live-in home offers versatile possibilities.; - Income-producing 2-bedroom, 1-bathroom rental home included.; - High daily traffic count (10,000) ideal for business exposure.
    (301) 643-9492
    Request Owner's contact information
    28420 Point Lookout Rd Loveville, MD 20656
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    Loveville, MD 20656
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    28420 Point Lookout Rd Loveville, MD 20656
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