Auto Shop with Taxi
For Sale
$625,000
650 Warren St, Havre de Grace, MD 21078
1,722 SF auto shop with established taxi business.
Property Size1,722 SF
Lot Size0.15 Acres
Price / SF$362.95
Days on Market496
Property Features for 650 Warren St
General Information
Standard status
Active
Size
1,722 SF
Lot size
0.15 Acres
Property subtype
Commercial
Building Details
Year Built
2016
Listing Agency:
O'NEILL ENTERPRISES REALTY
(410) 838-6980
Listed By:
AIMEE C O'NEILL · License #00921
Source:
Corcoran
Added: Mar 25, 2025
Changed: Jul 6
Last Checked: Aug 2 at 9:05AM
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 O'NEILL ENTERPRISES REALTY
Investment Insights
Based on property information with market context.
This property features a 1,722 sq. ft. frame and block building suitable for auto shops and other commercial uses. The building includes an office, reception area, storage space, and a garage/shop area. The property also includes the Havre de Grace Taxi Service, an established business since 1997. The sale includes the business name, phone number, website, a fleet of 10 taxis, shop and office equipment, shelving, and supplies. Financial records for the past three years are available. Owner financing options are available for qualified buyers.
Key Highlights
- Turn‑key business: Havre de Grace Taxi Service (established 1997) included with sale.
- Includes a fleet of 10 taxis, phone number, and website.
- 1,722 sq. ft. building with office, reception area, storage, and garage/shop.
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 | $37.2k | $21.60 |
| − Vacancy | −$2.4k | −$1.38 |
| EGI | $34.8k | $20.22 |
| − OpEx | −$10.4k | −$6.07 |
| NOI | $24.4k | $14.15 |
1,722 SF · lease $21.60/SF/yr · vacancy 6.39% · expense 30.00%
Alternative Uses
Best Use
Retail
$348.2K
$304.7K – $406.2K
NOI $24,373 @ 7.0% cap · market cap 3.90%
Second Best
Industrial
$149.6K
$130.9K – $174.5K
NOI $10,469 @ 7.0% cap · market cap 1.68%
Theoretical Best
Office A
$605.9K
$530.2K – $706.9K
NOI $42,413 @ 7.0% cap · market cap 6.79%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
657
Businesses Nearby
37k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 83%
Shops & Services 14%
Electronics 3%
McDonald's
Dining
24,941 visits/mo
0.4 miles
Waffle House
Dining
6,071 visits/mo
0.5 miles
7-Eleven
Shops & Services
4,262 visits/mo
0.1 miles
Verizon
Electronics
1,197 visits/mo
0.5 miles
Spencer's
Shops & Services
1,018 visits/mo
0.5 miles
Demographics for 21078, MD
20,321
Population
8,760
Households
2.3
Avg Household Size
46
Median Age
41%
College-Educated
93%
High-School Grad
30.1 sq mi
ZIP Area
675
Density / Sq Mi
$109,451
Median Household Income
$53,942
Median Earnings
$1,331
Median Rent
$355,500
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Ace Mobile Truck and Trailer Repair — 449 village dr, havre de grace, md 21078
- KDI CUSTOMS — 629 Revolution St, Havre De Grace, MD 21078
- Andrews Garage — 1227 Revolution St, Havre De Grace, MD 21078
- A-1 Auto Parts — 1200 Pulaski Hwy, Havre De Grace, MD 21078
- Havre De Grace Tire And Auto — 1105 Revolution St, Havre De Grace, MD 21078
Frequently Asked Questions
What type of property is this?
Auto shop - 1,722 SF auto shop with established taxi business.
Where is this auto shop located?
The property is located at 650 Warren St Havre de Grace, MD.
What is the asking price?
The asking price for this property is $625,000.
What are key features of this property?
This property features: Turn‑key business: Havre de Grace Taxi Service (established 1997) included with sale.; Includes a fleet of 10 taxis, phone number, and website.; 1,722 sq. ft. building with office, reception area, storage, and garage/shop.
