Flex Workshop Building with
27240 Yowaiski Mill Rd Mechanicsville, MD 20659
27240 Yowaiski Mill Rd, Mechanicsville, MD, 20659
$149,900
For Sale
$149,900
Perked lot with public water and a finished Amish workshop, heat, 20-amp electric, and finished-plus-unfinished loft space.
Property Size864 SF
Price / SF$173.50
Days on Market404
Property Features for 27240 Yowaiski Mill Rd
General Information
- Standard status
- Active
- Size
- 864 SF
- Property subtype
- Land
Listing agency
RE/MAX Realty Group
(301) 653-5121
Listed by
Beverly Moody · License #507513
(301) 653-5121
Source
Exprealty
Added: Jun 14, 2025 Updated: Jul 22 at 9:52AM Checked: Jul 22 at 9:52AM
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 RE/MAX Realty Group
Investment Insights
Based on property information with market context.
Located in Mechanicsville, MD, this flex-style workshop property sits on a “ready to go” building lot that is perked, with potential septic installation indicated by an available plat. Public water is available.
The building includes a huge 864 sq ft finished Amish workshop with an open floor plan. The space is equipped with heat, a/c, and 20 amp electric service. There is also about 800 sq ft of unfinished upstairs area. A smaller shed also conveys. The property backs to a large farm, providing an open rear view and a country setting.
The building includes a huge 864 sq ft finished Amish workshop with an open floor plan. The space is equipped with heat, a/c, and 20 amp electric service. There is also about 800 sq ft of unfinished upstairs area. A smaller shed also conveys. The property backs to a large farm, providing an open rear view and a country setting.
Key Highlights
- Perked building lot with potential septic installation plat
- Public water available
- 864 sq ft finished Amish workshop with open floor plan
Local Financial Insights For Flex RnD
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 | $21.3k | $24.60 |
| − Vacancy | −$3.8k | −$4.43 |
| EGI | $17.4k | $20.17 |
| − OpEx | −$6.1k | −$7.06 |
| NOI | $11.3k | $13.11 |
864 SF · lease $24.60/SF/yr · vacancy 18.00% · expense 35.00%
Alternative Uses
Best Use
Flex RnD
$161.8K
$141.6K – $188.8K
NOI $11,329 @ 7.0% cap · market cap 7.56%
Second Best
Industrial
$114.6K
$100.3K – $133.7K
NOI $8,020 @ 7.0% cap · market cap 5.35%
Theoretical Best
Office A
$320.4K
$280.4K – $373.8K
NOI $22,429 @ 7.0% cap · market cap 14.96%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Flex space
FAQs
What type of property is this?
Flex space - Perked lot with public water and a finished Amish workshop, heat, 20-amp electric, and finished-plus-unfinished loft space.
Where is this flex space located?
The property is located at 27240 Yowaiski Mill Rd Mechanicsville, MD.
What is the asking price?
The asking price for this property is $149,900.
What are key features of this property?
This property features: Perked building lot with potential septic installation plat; Public water available; 864 sq ft finished Amish workshop with open floor plan
