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    Industrial Land with Shop Garage Title is generated by Realmo AI

    108 N MAIN ST, Union Bridge, MD 21791

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    Claim this Listing
    New
    For Sale
    $248,500

    Developable lot in Union Bridge includes a shop garage with multiple oversized doors and 10–12-foot ceilings.

    Type:Land
    Property size:
    2,600 SF
    Lot size:
    0.41 Acres
    Price / SF:
    $95/SF
    Added:
    Jun 7, 2026
    Days on Market:
    5
    Last Refresh:
    Jun 10 at 2:34 am

    Property Features for 108 N MAIN ST

    General Information

    Standard status
    Active
    Size
    2,600 SF
    Lot size
    0.41 Acres
    Property subtype
    Land

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    Listing Contact
    Stanley E Groves
    Stanley E Groves

    Listing agent Stanley E Groves License #528689

    Listing office RE/MAX Advantage Realty

    Listing date Jun 7, 2026

    Source Elliman

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX Advantage Realty

    HighLights

    • 0.413‑acre lot in Union Bridge, MD, with a 2,600 SF shop garage
    • Shop garage features 10–12‑foot ceilings and multiple oversized doors: 12’x12’, 10’x10’, and 8’x8’
    • Water and sewer taps are already installed for easier start of construction
    • Developable site with potential for a duplex, buyer to verify
    • Walk Score 37 (car‑dependent) and Bike Score 31 (somewhat bikeable)

    Overview

    The property is a 0.413-acre industrial land parcel that includes a 2,600-square-foot shop garage. The garage is built with 10- to 12-foot ceilings and features multiple oversized overhead doors, including 12’ x 12’, 10’ x 10’, and 8’ x 8’, making it well-suited for vehicle and equipment storage, light industrial work, or contractor staging. Water and sewer taps are already installed on-site, which can reduce time and upfront development steps for new improvements.

    The site is located at 108 N Main St in Union Bridge, Maryland. Based on walk and bike scores reported for the area, it is car-dependent, supporting the site’s practical fit for users who need straightforward access for vehicles and materials.

    For buyers, this is a workable combination of land and an existing shop footprint, offering flexibility for future construction. The property description also notes that a duplex may be possible on the site, subject to applicable approvals. As presented, the parcel can support contractors seeking a substantial on-site workspace and storage option, or industrial-minded owners looking to build from an already improved location.

    Local Financial Insights For Warehouse

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $21.5k $8.28
    − Vacancy −$194 −$0.07
    EGI $21.3k $8.21
    − OpEx −$3.2k −$1.23
    NOI $18.1k $6.97
    2,600 SF · lease $8.28/SF/yr · vacancy 0.90% · expense 15.00%

    Alternative Uses

    Best Use
    Warehouse
    $259.1K
    $226.7K – $302.2K (±1% cap)
    NOI $18,134 @ 7.0% cap · market cap 7.30%
    Second Best
    Industrial
    $213.3K
    $186.7K – $248.9K (±1% cap)
    NOI $14,934 @ 7.0% cap · market cap 6.01%
    Theoretical Best
    Office A
    $964.2K
    $843.7K – $1.12M (±1% cap)
    NOI $67,495 @ 7.0% cap · market cap 27.16%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Warehouses

    Suggested Use

    Restaurant Law Firm Building Supply Dental Office Big Box & Wholesale Store Hair Salon Auto Repair Shop Pharmacy Department Store Kitchen & Bath Showroom

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

    Location Insight

    • Map
    • Local Demand
    City
    Union Bridge
    County
    Carroll
    State
    Maryland
    Longitude
    -77.1791049
    Latitude
    39.5668095

    FAQs

    What type of property is this?
    Warehouse - Developable lot in Union Bridge includes a shop garage with multiple oversized doors and 10–12-foot ceilings.
    Where is this warehouse located?
    The property is located at 108 N MAIN ST Union Bridge, MD.
    What is the asking price?
    The asking price for this property is $248,500.
    What are key features of this property?
    This property features: 0.413‑acre lot in Union Bridge, MD, with a 2,600 SF shop garage; Shop garage features 10–12‑foot ceilings and multiple oversized doors: 12’x12’, 10’x10’, and 8’x8’; Water and sewer taps are already installed for easier start of construction
    More about this property
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