Auto Shop with Taxi
650 Warren St, Havre de Grace, MD 21078
For Sale
$625,000
1,722 SF auto shop with established taxi business.
Property Size1,722 SF
Price / SF$362.95
Days on Market236
Property Features for 650 Warren St
General Information
Standard status
Size
Building Details
Year Built
Listing Agency:
O'Neill Enterprises Realty
Listed By:
Aimee C O'Neill · License #00921
(410) 459-7220
Source:
Premierehomegroup
Added: Mar 17
Changed: Oct 26
Last Checked: Oct 7 at 2:25PM
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 O'Neill Enterprises Realty
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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 property features a 1,722 sq. ft. frame and block building suitable for auto shops and other commercial uses. The building includes an office, reception area, storage space, and a garage/shop area. The property also includes the Havre de Grace Taxi Service, an established business since 1997. The sale includes the business name, phone number, website, a fleet of 10 taxis, shop and office equipment, shelving, and supplies. Financial records for the past three years are available. Owner financing options are available for qualified buyers.
Key Highlights
- Turn‑key business: Havre de Grace Taxi Service (established 1997) included with sale.
- Includes a fleet of 10 taxis, phone number, and website.
- 1,722 sq. ft. building with office, reception area, storage, and garage/shop.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$24,373
Cap Rate
3.90%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$487,460
$487.5K
Cap Rate 7%
$348,186
$348.2K
Cap Rate 9%
$270,811
$270.8K
Market Conditions
NOI Build-Up for 1,722 SF
Gross rent
$37.2K $21.60/SF
− Vacancy
−$2.4K −$1.38/SF
EGI
$34.8K $20.22/SF
− OpEx
−$10.4K −$6.07/SF
NOI
$24.4K $14.15/SF
Area
Harford County, MD
Vacancy
6.39%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$487,460
Cap Rate 7%
$348,186
Cap Rate 9%
$270,811
Alternative Uses
Best Use
Retail
$348.2K
$304.7K – $406.2K
NOI $24,373 @ 7.0% cap · market cap 3.90%
Second Best
Industrial
$149.6K
$130.9K – $174.5K
NOI $10,469 @ 7.0% cap · market cap 1.68%
Theoretical Best
Office A
$605.9K
$530.2K – $706.9K
NOI $42,413 @ 7.0% cap · market cap 6.79%
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
1,045
Businesses Nearby
75k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 52%
Dining 46%
Electronics 2%
Hotels & Casinos 1%
McDonald's
Dining
24,941 visits/mo
0.3 miles
Royal Farms
Shops & Services
23,821 visits/mo
0.4 miles
Royal Farms
Shops & Services
9,811 visits/mo
0.5 miles
Waffle House
Dining
6,071 visits/mo
0.3 miles
7-Eleven
Shops & Services
4,262 visits/mo
0.2 miles
Demographics for 21078, MD
20,321
Population
8,760
Households
2.3
Avg Household Size
46
Median Age
41%
College-Educated
93%
High-School Grad
30.1 sq mi
ZIP Area
675
Density / Sq Mi
$109,451
Median Household Income
$53,942
Median Earnings
$1,331
Median Rent
$355,500
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
- A-1 Auto Parts — 1200 Pulaski Hwy, Havre De Grace, MD 21078
- Andrews Garage — 1227 Revolution St, Havre De Grace, MD 21078
- Ace Mobile Truck and Trailer Repair — 449 village dr, havre de grace, md 21078
- Havre De Grace Tire And Auto — 1105 Revolution St, Havre De Grace, MD 21078
- KDI CUSTOMS — 629 Revolution St, Havre De Grace, MD 21078
Frequently Asked Questions
What type of property is this?
Auto shop - 1,722 SF auto shop with established taxi business.
Where is this auto shop located?
The property is located at 650 Warren St Havre de Grace, MD.
What is the asking price?
The asking price for this property is $625,000.
What are key features of this property?
This property features: Turn‑key business: Havre de Grace Taxi Service (established 1997) included with sale.; Includes a fleet of 10 taxis, phone number, and website.; 1,722 sq. ft. building with office, reception area, storage, and garage/shop.
