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    24503 Riv N Westernport, MD 21562

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    For Sale
    $179,999

    Commercial property with storage units and potential for various businesses.

    Lot size:
    0.18 Acres

    Property Features for 24503 Riv N

    General Information

    Lot size
    0.18 Acres

    Building Details

    Year built
    2000

    Source: Perry Wellington Realty, LLC Agent Deborah K Grimm

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

    Overview

    Versatile Commercial Property with Storage

    This commercial property, previously operated as a storage company with car repair/sales and antique furniture ventures, presents opportunities for entrepreneurs and innovative thinkers. The property includes 21 storage units, offering potential for income generation or parts storage. The site may suit small manufacturing, truck repair, or highway-oriented businesses. The property once housed a gas station, and the owner indicates that the tank has been removed. The location offers a river view. Additional properties in the area may become available. The property may be suitable for creating a small business, particularly in manufacturing.
    Location Intelligence

    Current Use by Public Records

    Auto shops

    Map

    City
    Westernport
    County
    Allegany
    State
    Maryland
    Longitude
    -79.0116
    Latitude
    39.4853

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    FAQs

    What type of property is this?
    Warehouse - Commercial property with storage units and potential for various businesses.
    Where is this warehouse located?
    The property is located at 24503 Riv N Westernport, MD.
    What is the asking price?
    The asking price for this property is $179,999.
    What are key features of this property?
    This property features: - 21 storage units offer immediate income potential or business storage solutions.; - Versatile property suitable for various business ventures (storage, manufacturing, truck repair, highway business).; - Previous use as a storage company, car repair/sales, and antique furniture sales demonstrates adaptability.
    (301) 697-4405
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    24503 Riv N Westernport, MD 21562
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    Westernport, MD 21562
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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
    24503 Riv N Westernport, MD 21562
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