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    5423 Gorman Rd Oakland, MD 21550

    Sponsored
    For Sale
    $275,000

    Commercial Sale - OAKLAND, MD

    Type:Retail
    Lot size:
    1.93 Acres
    Days on Market:
    3
    Last Refresh:
    Jan 6 at 4:06 pm

    Property Features for 5423 Gorman Rd

    General Information

    Property type
    Other
    Property subtype
    Retail
    Standard status
    Active
    Parking
    9
    Parking features
    Parking Lot
    Lot size
    1.93 Acres

    Utilities

    Heating system
    Other (Heating)
    Cooling system
    Ductless

    Building Details

    Year built
    2021
    Number of units
    1
    Building materials
    Frame

    Taylor-Made Deep Creek Vacations & Sales (301) 387-4700 [email protected]

    Listing agent Elizabeth S Spiker Holcomb (301) 387-4700 License #518606

    Listing date Jan 4, 2026

    Copyright © 2026 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

    OAKLAND, MD Commercial Storefront

    This charming storefront in OAKLAND, MD, presents a unique investment opportunity for individuals looking to own a business within the community. The property features road frontage, ample parking, and a level lot. The lot size is 1.93 acres. This manageable-sized property offers endless possibilities for opening a dream business.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Storefront properties

    Suggested Use

    Garden Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Oakland
    County
    Garrett
    State
    Maryland
    Longitude
    -79.34334
    Latitude
    39.35966

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    FAQs

    What type of property is this?
    Storefront property - Storefront in OAKLAND, MD with road frontage and parking.
    Where is this storefront property located?
    The property is located at 5423 Gorman Rd Oakland, MD.
    What is the asking price?
    The asking price for this property is $275,000.
    What are key features of this property?
    This property features: - Modern construction: Built in 2021; - Ample parking for customers in the parking lot; - High visibility and accessibility with road frontage
    (301) 387-4700
    Request Owner's contact information
    5423 Gorman Rd Oakland, MD 21550
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    Oakland, MD 21550
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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
    5423 Gorman Rd Oakland, MD 21550
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