Commercial Property with Drive-Through
For Sale
$2,800,000
Pending
1285 NATIONAL Hwy, Lavale, MD 21502
Well-maintained commercial property featuring showroom, offices, and ample parking.
Property Size12,168 SF
Lot Size1.65 Acres
Days on Market141
Property Features for 1285 NATIONAL Hwy
General Information
Standard status
Pending
Size
12,168 SF
Lot size
1.65 Acres
Property subtype
Commercial
Building Details
Year Built
2001
Listing Agency:
Long & Foster Real Estate, Inc.
(301) 697-0401
Listed By:
Doug Macy · License #16665
(301) 697-0401
Source:
Elliman
Added: Mar 12
Changed: Jul 10
Last Checked: Jul 30 at 9:20AM
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 Long & Foster Real Estate, Inc.
Investment Insights
Based on property information with market context.
This commercial property, constructed in 2001, features a brick showroom and office space, along with a metal building at the rear. The property includes six zones for heating and air conditioning, and ADA-compliant improvements were implemented according to the codes in effect in 2001. The property is well-maintained and situated on a large lot with over 40 parking spaces, as well as a drive-through shop. The main level encompasses 12,168 square feet, featuring a 74 x 44 brick section that includes showroom space, offices, and restrooms. The rear section consists of an 88 x 100 metal building with a portico. The upper level provides 4,432 square feet of storage, meeting rooms, and offices. Additionally, there is an approximate 3,000 square foot basement available for storage.
Key Highlights
- Substantial Size: 12,168 sq ft main level with additional upper level and basement storage.
- Ample Parking: Large lot with 40+ parking spaces and drive‑through shop.
- Modern Build: Constructed in 2001 with well‑maintained infrastructure.
Financial Insights For Retail
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 | $184.0k | $15.12 |
| − Vacancy | −$7.7k | −$0.64 |
| EGI | $176.3k | $14.48 |
| − OpEx | −$52.9k | −$4.35 |
| NOI | $123.4k | $10.14 |
12,168 SF · lease $15.12/SF/yr · vacancy 4.20% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.76M
$1.54M – $2.06M
NOI $123,377 @ 7.0% cap · market cap 4.41%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$4.51M
$3.95M – $5.26M
NOI $315,877 @ 7.0% cap · market cap 11.28%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
238
Businesses Nearby
302k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 54%
Dining 17%
Groceries 13%
Apparel 9%
Sheetz
Shops & Services
57,203 visits/mo
0.1 miles
Gabe's
Shops & Services
43,499 visits/mo
0.3 miles
Martin's Food Market
Groceries
39,342 visits/mo
0.4 miles
McDonald's
Dining
29,365 visits/mo
0.4 miles
Ollie's Bargain Outlet
Shops & Services
25,454 visits/mo
0.2 miles
Demographics for 21502, MD
41,153
Population
19,562
Households
2.1
Avg Household Size
44
Median Age
20%
College-Educated
89%
High-School Grad
92.1 sq mi
ZIP Area
447
Density / Sq Mi
$58,721
Median Household Income
$39,507
Median Earnings
$771
Median Rent
$151,400
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Similar Off Market Nearby
- Lowe's Home Improvement — 1211 National Hwy, La Vale, MD 21502
Frequently Asked Questions
What type of property is this?
Showroom - Well-maintained commercial property featuring showroom, offices, and ample parking.
Where is this showroom located?
The property is located at 1285 NATIONAL Hwy Lavale, MD.
What is the asking price?
The asking price for this property is $2,800,000.
What are key features of this property?
This property features: Substantial Size: 12,168 sq ft main level with additional upper level and basement storage.; Ample Parking: Large lot with 40+ parking spaces and drive‑through shop.; Modern Build: Constructed in 2001 with well‑maintained infrastructure.
