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    Lavale Commercial/Industrial Property For Sale Title is generated by Realmo AI

    1285 NATIONAL HWY, Lavale, MD 21502

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    Pending
    $2,800,000

    Commercial/Industrial - LAVALE, MD

    Property size:
    15,168 SF
    Lot size:
    1.65 Acres
    Added:
    Jan 29, 2025
    Days on Market:
    479
    Last Refresh:
    May 23 at 7:06 pm

    Property Features for 1285 NATIONAL HWY

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Parking features
    Parking Lot
    Standard status
    Pending
    Size
    15,168 SF
    Lot size
    1.65 Acres

    Taxes and HOA fees

    Tax Annual Amount
    18000

    Utilities

    Heating system
    Electric (Heating), Forced Air, Heat Pump (Heating)
    Cooling system
    Central Air, Multi Units

    Building Details

    Year built
    2001
    Flooring type
    Carpet, Concrete, Tile, Tile - Ceramic, Vinyl
    Building materials
    Brick, Steel Siding
    Roof type
    Asphalt, Metal
    Architectural style
    Other

    We can help!

    Listing Contact
    Doug Macy

    Listing agent Doug Macy

    Listing office Cumberland 138 N Mechanic Street, MD

    Listing date Jan 29, 2025

    MLS# MDAL2010810 Listing URL

    Copyright © 2026 Long & Foster Real Estate. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Extensive Space: 12,168 sq ft main level, 4,432 sq ft upper level, and approx. 3,000 sq ft basement.
    • Large Lot with 40+ Parking Spaces and Drive‑Through Shop.
    • Huge Metal Building (88 x 100 ft) at rear with portico.
    • ADA Compliant (per 2001 codes) with 6 Zones of Heat and A/C.
    • Versatile Spaces: Showroom, Offices, Restrooms, Storage, and Meeting Rooms.
    • Durable Construction: Brick and Steel Siding with Asphalt and Metal Roof.

    Overview

    This commercial and industrial property, built in 2001, features a large lot with over 40 parking spaces and a drive-through shop. The building includes six zones for heating and air conditioning, and ADA improvements were implemented according to the 2001 codes. The property is well-maintained and features a 12,168 square foot main level, which includes a 74 x 44 brick showroom, offices, and restrooms. At the rear, there is an 88 x 100 metal building with a portico. The upper level offers 4,432 square feet of storage, meeting rooms, and offices. Additionally, there is an approximately 3,000 square foot basement for storage. The property sits on a 1.65-acre lot.

    Financial Insights

    Value Estimation Calculated for Office B

    Conservative
    $2.57M
    NOI $231,715 @ 9.00% cap · cautious / downside scenario
    Moderate
    $3.31M
    NOI $231,715 @ 7.00% cap · market / base-case scenario
    Aggressive
    $4.63M
    NOI $231,715 @ 5.00% cap · optimistic / upside scenario

    NOI & Cap Rate Calculator

    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.
         Calculated for Office B

    Component $ $/SF
    Gross rent $373.1k $24.60
    − Vacancy −$64.2k −$4.23
    EGI $309.0k $20.37
    − OpEx −$77.2k −$5.09
    NOI $231.7k $15.28
    15,168 SF · lease $24.60/SF/yr · vacancy 17.20% · expense 25.00%

    Alternative Use Scenarios

    Best Use
    Office B
    $3.31M
    $2.90M – $3.86M (±1% cap)
    NOI $231,715 @ 7.0% cap · market cap 8.28%
    Second Best
    Industrial
    $2.41M
    $2.11M – $2.82M (±1% cap)
    NOI $168,947 @ 7.0% cap · market cap 6.03%
    Theoretical Best
    Office A
    $5.63M
    $4.92M – $6.56M (±1% cap)
    NOI $393,756 @ 7.0% cap · market cap 14.06%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Highland Harley-Davidson Shop Motorcycle Shop Polaris Car Dealership

    Suggested Use

    Real Estate Agency Restaurant Building Supply Dental Office Spa & Massage Center Auto Repair Shop Big Box & Wholesale Store Hair Salon Gym & Fitness Center Auto Parts Store

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

    Similar Places Nearby

    • Lowe's Home Improvement — 1211 National Hwy, La Vale, MD 21502

    Location Insight

    • Map
    • Local Demand
    City
    Lavale
    County
    Allegany
    State
    Maryland
    Longitude
    -78.8438
    Latitude
    39.63726

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    • $965,000

      LaVale Commercial Property For Sale

      Recently renovated commercial building ideal for retail or office use.
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      Commercial Building on National Highway

      Renovated commercial building ideal for retail or office use.
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    • $600,000
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    FAQs

    What type of property is this?
    Showroom - Commercial/Industrial property in Lavale, MD with showroom, offices, and storage.
    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: Extensive Space: 12,168 sq ft main level, 4,432 sq ft upper level, and approx. 3,000 sq ft basement.; Large Lot with 40+ Parking Spaces and Drive‑Through Shop.; Huge Metal Building (88 x 100 ft) at rear with portico.
    (888) 536-0216
    We can help!
    Listing Contact
    Doug Macy
    Request Owner's contact information
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
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    1285 NATIONAL HWY, LAVALE, MD 21502
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