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Property profile & analytics
FOR SALE
Distribution centers

1206 E Oldtown Rd Cumberland, MD 21502

12,996 SF 0.2 ac lot Built 1940
Individually Owned 8-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US40-0898823
Property summary
AI-generated overview

This exceptional mixed-use commercial property, located at 1206 E Oldtown Road in Cumberland, Maryland, presents a unique investment opportunity. The building offers a substantial 12,996 square feet of usable space, spread across two floors, making it suitable for a variety of commercial ventures. Previously used as a combination office, sheet metal fabrication shop, and warehouse, the property's adaptable layout allows for diverse business applications. Three convenient drive-in doors provide easy access for loading and unloading, while two bathrooms cater to employee and customer needs. The property sits on a 0.2-acre corner lot, offering excellent visibility and accessibility. A significant advantage is the recently installed roof, completed in 2021, ensuring long-term structural integrity and minimizing maintenance concerns. This property is priced at $209,999 and represents a compelling opportunity for businesses seeking a well-maintained, versatile space in a desirable Cumberland location. Its flexible design and strategic placement offer endless possibilities for growth and expansion, making it an ideal choice for entrepreneurs and established businesses alike. The combination of ample space, convenient features, and a recent roof replacement makes this a truly attractive commercial property.

Property profile
Verified
Property type Distribution centers
Use group DISTRIBUTION WAREHOUSE
Year built 1940
Construction BRICK
Total area 12,996 SF
Lot 0.2 ac (8,575 SF)
Zoning code B-L
APN 04-014057
UPID US40-0898823
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • C & C Sheet Metal Production Facility Metal Fabrication Plant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Charles K Cross SR. · 8 yrs held
Charles K Cross SR.
since 2018
3 recorded transactions
2018
Price N/A
2000
$43,000
1969
Price N/A
Zoning & alternative use
B-L · Cumberland, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

d, except pursuant to Section 2.02.02 of this Ordinance. USE REGULATIONS TABLE Key: P Permitted Use C Conditional Use P* Permitted only within cluster developments (pursuant to Section 9) USE DESCRIPTION R-E R-S R-U R-O B-L B-H B-CBD B-C I-G G-C G-I Residential Single-family detached dwellings P P P P C P P Single-family attached dwellings P* P* P P P P P Tw…

Zone name Local Business
General category COMMERCIAL
Zone area 148.36 ac
Source SECTION 6
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