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    2701 Old Crellin Rd Oakland, MD 21550

    Sponsored
    For Sale
    $649,000

    Established Business, Turnkey Operation, Great Potential

    Property size:
    4,712 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    340
    This exceptional opportunity presents a thriving, established auto repair business located at 2701 Old Crellin Road, Oakland, MD. The property encompasses a substantial 4,712 square feet on a 2-acre lot, offering ample space for operations and future expansion. The main garage boasts impressive dimensions of 80 feet by 40 feet, complemented by approximately 1,500 square feet of additional space dedicated to office areas, a lunchroom, restroom facilities, a checkout area, and a comfortable waiting room. These areas feature durable tile flooring and attractive wainscoting. A significant advantage is the highly efficient heating system utilizing recycled motor oil, resulting in considerable cost savings. All necessary equipment for immediate operation is included in the sale, encompassing office equipment, diagnostic tools, shop equipment, and a comprehensive collection of miscellaneous tools. The current owner is open to negotiating a consulting period post-sale, ensuring a smooth transition for the new owner. Detailed financial information is available upon execution of a non-disclosure agreement. Note that the adjacent property at 4960 Hutton Road, a 2-bedroom, 1-bathroom home on 0.88 acres, is also available for purchase, presenting a potential opportunity to consolidate properties. This separate property is listed at $165,000. The property is sold as-is. Prospective buyers are responsible for their own safety during visits, especially in inclement weather.

    Property Features for 2701 Old Crellin Rd

    General Information

    Property type
    Other commercial real estate
    Square Feet
    4,712 SF
    Lot Size
    87,120 SF

    Building Details

    Year Built
    1982
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Oakland
    County
    Garrett
    State
    Maryland
    Longitude
    -79.42466
    Latitude
    39.40199

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    FAQs

    What type of property is this?
    Commercial real estate - Established Business, Turnkey Operation, Great Potential
    Where is this commercial real estate located?
    The property is located at 2701 Old Crellin Rd Oakland, MD.
    What is the asking price?
    The asking price for this property is $649,000.
    (301) 387-2000
    Request Owner's contact information
    2701 Old Crellin 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
    2701 Old Crellin Rd Oakland, MD 21550
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