Renovated Brick Commercial
For Sale
$650,000
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.
Property Size3,280 SF
Price / SF$198.17
Days on Market538
Property Features for 1322 National Highway
General Information
Standard status
Active
Size
3,280 SF
Property subtype
Office
Building Details
Year Built
1967
Listing Agency:
(301) 707-9922
Listed By:
Coldwell Banker Premier
(301) 707-9922
Source:
Xome
Added: Feb 9, 2025
Changed: Jul 10
Last Checked: Jul 16 at 6:51AM
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 brick commercial structure offers an adaptable layout for retail, office, or other compatible commercial uses. The interior has been recently renovated, providing an updated setting for a new tenant or owner-operator. The property also includes on-site macadam parking to support customer and employee access.
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.
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.
Key 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
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 |
3,280 SF · lease $24.60/SF/yr · vacancy 17.20% · expense 25.00%
Alternative Uses
Best Use
Office B
$715.8K
$626.3K – $835.1K
NOI $50,107 @ 7.0% cap · market cap 7.71%
Second Best
Retail
$475.1K
$415.7K – $554.3K
NOI $33,257 @ 7.0% cap · market cap 5.12%
Theoretical Best
Office A
$1.22M
$1.06M – $1.42M
NOI $85,148 @ 7.0% cap · market cap 13.10%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
136
Businesses Nearby
Explore this area
Business Placement
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 Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Brick building with recently renovated interior and on-site parking along National Highway, suited for retail or office use.
Where is this office building located?
The property is located at 1322 National Highway Lavale, MD.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: 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
