Retail Building with Drive-Up
1312 National Highway Lavale, MD 21502
For Sale
$965,000
Large retail building with a drive-up service window, macadam parking, and a lighted sign along a high-traffic highway corridor.
Property Size3,750 SF
Price / SF$257.33
Days on Market511
Property Features for 1312 National Highway
General Information
- Standard status
- Active
- Size
- 3,750 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1960
Listing Agency:
(301) 707-9922
Listed By:
Coldwell Banker Premier
(301) 707-9922
Source:
Xome
Added: Feb 28, 2025
Changed: Jul 23
Last Checked: Jul 23 at 3:39PM
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
Investment Insights
Based on property information with market context.
This large retail building offers convenient drive-up service with a dedicated drive-up service window, supported by macadam parking. The property also features a large lighted sign and is currently leased, with a copy of the lease available on file.
Situated along a high-traffic National Highway in LaVale, the location is designed for retail visibility and customer access from the roadway.
The building’s overall setup includes storefront retail space, parking for patrons, and highway-facing signage intended to support ongoing operations under the existing lease.
Situated along a high-traffic National Highway in LaVale, the location is designed for retail visibility and customer access from the roadway.
The building’s overall setup includes storefront retail space, parking for patrons, and highway-facing signage intended to support ongoing operations under the existing lease.
Key Highlights
- Large retail building on a high‑traffic National Highway corridor in LaVale
- Drive‑up service window and macadam parking for customer access
- Large lighted sign on the property
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 | $56.7k | $15.12 |
| − Vacancy | −$2.4k | −$0.64 |
| EGI | $54.3k | $14.48 |
| − OpEx | −$16.3k | −$4.35 |
| NOI | $38.0k | $10.14 |
3,750 SF · lease $15.12/SF/yr · vacancy 4.20% · expense 30.00%
Alternative Uses
Best Use
Retail
$543.2K
$475.3K – $633.7K
NOI $38,023 @ 7.0% cap · market cap 3.94%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.39M
$1.22M – $1.62M
NOI $97,349 @ 7.0% cap · market cap 10.09%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Maryland Discount Beverage ...
(Bike/Boat/Book/etc) Store
ATM
Atm
FAQs
What type of property is this?
Storefront property - Large retail building with a drive-up service window, macadam parking, and a lighted sign along a high-traffic highway corridor.
Where is this storefront property located?
The property is located at 1312 National Highway Lavale, MD.
What is the asking price?
The asking price for this property is $965,000.
What are key features of this property?
This property features: Large retail building on a high‑traffic National Highway corridor in LaVale; Drive‑up service window and macadam parking for customer access; Large lighted sign on the property
