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    4Th St Oakland, MD 21550

    Sponsored
    For Sale
    $230,000

    Prime 1.15-acre lot, high visibility.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    340
    This exceptional 1.15-acre commercial lot presents a remarkable investment opportunity in Oakland, Maryland. Strategically positioned between Route 219 (Garrett Highway) and North 4th Street, this corner lot boasts unparalleled visibility and accessibility, ensuring maximum exposure for any commercial development. The property's location is surrounded by numerous national businesses, providing a strong foundation for future success. The expansive 1.15 acres offer endless possibilities for a wide range of commercial ventures, from retail spaces to office buildings, or potentially even a mixed-use development. The high traffic count on Route 219 and the proximity to established businesses create a highly desirable location for attracting customers and clients. Furthermore, an additional 1.41 acres of adjoining land is also available for purchase, presenting an opportunity to expand the development footprint significantly. This prime location, combined with the potential for expansion, makes this property an exceptional investment opportunity with significant long-term growth potential. Don't miss this chance to secure a prominent commercial site in a thriving area. Contact us today to learn more about this desirable land and explore the possibilities.

    Property Features for 4Th St

    General Information

    Property type
    Other commercial real estate
    Lot Size
    50,094 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Oakland
    County
    Garrett
    State
    Maryland
    Longitude
    -79.40412
    Latitude
    39.41042

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    FAQs

    What type of property is this?
    Commercial real estate - Prime 1.15-acre lot, high visibility.
    Where is this commercial real estate located?
    The property is located at 4Th St Oakland, MD.
    What is the asking price?
    The asking price for this property is $230,000.
    (301) 387-2000
    Request Owner's contact information
    4Th St 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
    4Th St Oakland, MD 21550
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