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    12743 Garrett Hwy Oakland, MD 21550

    Sponsored
    For Sale
    $1,999,900

    High-Yield Retail & Liquor Store Opportunity

    Property size:
    21,550 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    337
    This exceptional investment opportunity presents a rare chance to acquire a prominent Oakland, MD commercial plaza. The property encompasses two income-producing buildings totaling over 21,550 square feet of leasable retail space, currently generating strong rental income. A highly profitable liquor store business is included in the sale, providing an immediate and established revenue stream. Financial statements for both the plaza and the liquor store are available upon request with a signed Non-Disclosure Agreement. Adding to the value proposition is approximately 0.79 acres of undeveloped land, offering significant potential for future expansion or development. A single-unit apartment is also part of the property, providing additional income potential or housing for on-site management. Located at 12743 Garrett Highway in Oakland, MD, this well-known plaza benefits from high visibility and strong local traffic. The property's size, diverse income streams, and development potential make it an attractive investment for both seasoned and emerging commercial real estate investors seeking a stable and growing portfolio. This is a turnkey operation with established tenants and a proven track record of profitability. The opportunity to acquire a well-established commercial plaza with additional land and a thriving liquor store business is truly unique and unlikely to be repeated. Serious inquiries only.

    Property Features for 12743 Garrett Hwy

    General Information

    Property type
    Retail properties
    Square Feet
    21,550 SF
    Lot Size
    34,412 SF

    Building Details

    Year Built
    1982
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail properties

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Oakland
    County
    Garrett
    State
    Maryland
    Longitude
    -79.39799
    Latitude
    39.42221

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    FAQs

    What type of property is this?
    Retail property - High-Yield Retail & Liquor Store Opportunity
    Where is this retail property located?
    The property is located at 12743 Garrett Hwy Oakland, MD.
    What is the asking price?
    The asking price for this property is $1,999,900.
    (301) 387-2000
    Request Owner's contact information
    12743 Garrett Hwy 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
    12743 Garrett Hwy Oakland, MD 21550
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