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    2020 Chaneyville Rd Owings, MD 20736

    Sponsored
    For Sale
    $750,000

    High-traffic location, 2240 sq ft automotive shop

    Property size:
    2,240 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional 2,240 square foot industrial property is ideally situated on a prime corner lot in Owings, Maryland, directly off Route 4 within the Tapestry North Condo subdivision. Boasting unparalleled visibility and accessibility due to its high-traffic location, this property is perfect for a variety of automotive-related businesses. Currently configured as an automotive shop, the versatile layout allows for easy customization to suit diverse needs, including repair shops, dealerships, or detailing services. The spacious building offers ample room for operations and clientele, complemented by a generous paved parking lot for convenient customer and employee parking. The property's location within the Tapestry North Condo subdivision provides proximity to shopping, dining, and residential areas, ensuring a strong customer base. The 0.06-acre lot offers excellent exposure and convenience, making this a rare opportunity to establish or expand a business in a thriving market. This turnkey property is ready for immediate occupancy and presents a significant advantage for automotive businesses seeking a high-visibility location with ample space and parking. The flexible interior layout allows for easy adaptation to specific business requirements, whether that includes showroom space, service bays, or office areas. This is a chance to secure a prominent position in a desirable Owings location.

    Property Features for 2020 Chaneyville Rd

    General Information

    Property type
    Industrial properties
    Square Feet
    2,240 SF
    Lot Size
    2,614 SF

    Building Details

    Year Built
    1942
    Property Profile Location Intelligence

    Current Use by Public Records

    Hi-Tech Automotive Repair Auto Repair Shop

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Owings
    County
    Calvert
    State
    Maryland
    Longitude
    -76.63937
    Latitude
    38.69032

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    FAQs

    What type of property is this?
    Industrial property - High-traffic location, 2240 sq ft automotive shop
    Where is this industrial property located?
    The property is located at 2020 Chaneyville Rd Owings, MD.
    What is the asking price?
    The asking price for this property is $750,000.
    (410) 224-2200
    Request Owner's contact information
    2020 Chaneyville Rd Owings, MD 20736
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    Owings, MD 20736
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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
    2020 Chaneyville Rd Owings, MD 20736
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