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    414 Edgewood Rd Edgewood, MD 21040

    For Sale
    $625,000

    High-yield property, 5 potential rental units.

    Property size:
    8,186 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    314
    This exceptional mixed-use property at 414 Edgewood Road, Edgewood, MD, presents a lucrative investment opportunity or owner-occupancy scenario. Spanning 8,186 square feet on a 0.31-acre lot, this well-maintained building boasts a recently installed roof (7 years old). Currently, two tenants occupy the building: a salon with a private entrance and a large shop space at the rear, featuring two garage doors, an office, and a bathroom. A third space is owner-occupied, offering flexibility for the new owner to remain as a tenant or vacate. The remaining space, a shop/storage area with a garage door, office space, and two bathrooms, presents significant potential. This area can be leased as a single unit or subdivided into two additional rental units, maximizing income generation. The building's layout and multiple potential rental spaces provide substantial flexibility for various business ventures or investment strategies. Priced at $625,000, this property offers a compelling return on investment with its existing income stream and significant upside potential.

    Property Features for 414 Edgewood Rd

    General Information

    Property type
    Mixed-use properties
    Square Feet
    8,186 SF
    Lot Size
    13,504 SF

    Building Details

    Year Built
    1959
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Evolution Apparel Ink Screen Printer

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Edgewood
    County
    Harford
    State
    Maryland
    Longitude
    -76.29489
    Latitude
    39.4206

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    FAQs

    What type of property is this?
    Mixed-use property - High-yield property, 5 potential rental units.
    Where is this mixed-use property located?
    The property is located at 414 Edgewood Rd Edgewood, MD.
    What is the asking price?
    The asking price for this property is $625,000.
    (410) 705-6295
    Request Owner's contact information
    414 Edgewood Rd Edgewood, MD 21040
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    Edgewood, MD 21040
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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
    414 Edgewood Rd Edgewood, MD 21040
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