Four-Unit Commercial Building For
14315 National Hwy SW, Lavale, MD 21502
For Sale
$950,000
Fully occupied commercial building on 1.2 acres with parking.
Property Size7,382 SF
Price / SF$128.69
Days on Market347
Property Features for 14315 National Hwy SW
General Information
Standard status
Size
Building Details
Year Built
Listing Agency:
The Goodfellow Agency
Listed By:
Cynthia Diamond · License #650910
(240) 362-2263
Source:
Premierehomegroup
Added: Nov 27, 2025
Changed: Oct 25
Last Checked: Oct 7 at 5:27PM
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 The Goodfellow Agency
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This four-unit commercial building is situated on a 1.2-acre site along a highly traveled highway. The property is currently fully occupied and generating income. It features paved parking for businesses. Financial details are available to qualified buyers.
Key Highlights
- Fully occupied 4‑unit commercial building generating income.
- Located on highly traveled National Hwy in Lavale.
- Large 1.2 ac. (+-) site.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$74,850
Cap Rate
7.88%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,497,000
$1.5M
Cap Rate 7%
$1,069,286
$1.1M
Cap Rate 9%
$831,667
$831.7K
Market Conditions
NOI Build-Up for 7,382 SF
Gross rent
$111.6K $15.12/SF
− Vacancy
−$4.7K −$0.64/SF
EGI
$106.9K $14.48/SF
− OpEx
−$32.1K −$4.35/SF
NOI
$74.8K $10.14/SF
Area
Allegany County, MD
Vacancy
4.20%
Lease Rate
$15.12 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,497,000
Cap Rate 7%
$1,069,286
Cap Rate 9%
$831,667
Alternative Uses
Best Use
Retail
$1.07M
$935.6K – $1.25M
NOI $74,850 @ 7.0% cap · market cap 7.88%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.74M
$2.40M – $3.19M
NOI $191,634 @ 7.0% cap · market cap 20.17%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
136
Businesses Nearby
155k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 69%
Apparel 15%
Dining 14%
Hotels & Casinos 2%
Sheetz
Shops & Services
57,203 visits/mo
0.4 miles
Ollie's Bargain Outlet
Shops & Services
25,454 visits/mo
0.2 miles
Dunham's Sports
Apparel
22,531 visits/mo
0.1 miles
Dollar General
Shops & Services
14,295 visits/mo
0.4 miles
Burger King
Dining
10,540 visits/mo
0.4 miles
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
Similar Off Market Nearby
- Coinstar Kiosk - Bitcoin ATM — Giant Carlisle, 12101 Winchester Rd SW, La Vale, MD 21502
- La Vale Plaza — 1313 National Hwy, Cumberland, MD 21502
Frequently Asked Questions
What type of property is this?
Shopping center - Fully occupied commercial building on 1.2 acres with parking.
Where is this shopping center located?
The property is located at 14315 National Hwy SW Lavale, MD.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: Fully occupied 4‑unit commercial building generating income.; Located on highly traveled National Hwy in Lavale.; Large 1.2 ac. (+-) site.
