1322 National Highway, Lavale, MD 21502
Brick building with recently renovated interior and on-site parking along National Highway, suited for retail or office use.
- Added:
- Feb 27, 2025
- Days on Market:
- 474
- Last Refresh:
- Jun 15 at 5:53 am
Property Features for 1322 National Highway
General Information
- Standard status
- Active
- Size
- 3,280 SF
- Property subtype
- Office
Building Details
- Year Built
- 1967
Listing agent Coldwell Banker Premier (301) 707-9922
Listing office (301) 707-9922
Listing date Feb 27, 2025
Source Xome
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 Coldwell Banker Premier
HighLights
- Brick commercial building on National Highway in LaVale, suited for retail or office use
- Recently renovated interior
- On‑site macadam parking with driveway; asphalt lot surfaces
- Central air cooling and heating system
- Shingle roof
- Zoning: B
Overview
The building is located along National Highway in LaVale, Maryland. It sits in a highly visible position and is directly across from LaVale Plaza Shopping Center, placing it near established retail activity.
Given its retail-ready exterior presence, renovated interior, and dedicated parking, the property can fit a range of business types looking for an established commercial address along a main corridor. Prospective buyers and tenants should review the interior condition and configuration with a broker tour to confirm space fit for their specific operational needs.
Local Financial Insights For Office B
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 | $80.7k | $24.60 |
| − Vacancy | −$13.9k | −$4.23 |
| EGI | $66.8k | $20.37 |
| − OpEx | −$16.7k | −$5.09 |
| NOI | $50.1k | $15.28 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Lavale
- County
- Allegany
- State
- Maryland
- Longitude
- -78.8505134
- Latitude
- 39.6376723
