Automotive Service
For Sale
Contact for pricing
Pending
6825 CRAIN HWY, La Plata, MD 20646
Two tax parcels include showroom, office, service, and parking components for continued automotive or broader commercial use.
Property Size14,500 SF
Days on Market99
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Property Features for 6825 CRAIN HWY
General Information
Standard status
Pending
Size
14,500 SF
Property subtype
Retail
Building Details
Year Built
1965
Stories
1
Units
2
Listing Agency:
RE/MAX One
Listed By:
Joe Wustner · License #MD 507038
Source:
Crexi
Added: Jul 9
Changed: Oct 3
Last Checked: Oct 14 at 8:01PM
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 One
Investment Insights
Based on property information with market context.
The property comprises two tax parcels anchored by a 14,500± square foot building constructed in 1965. Formerly configured for dealership operations, the facility includes showroom areas, offices, service bays, and parking serving customers and employees. Its layout supports automotive operations and may accommodate other commercial applications.
Located at 6825 Crain Hwy in La Plata, Maryland, the site encompasses 4.55 acres. The combination of building improvements and separate parcels provides a range of ownership and redevelopment configurations, subject to applicable approvals and site requirements.
Located at 6825 Crain Hwy in La Plata, Maryland, the site encompasses 4.55 acres. The combination of building improvements and separate parcels provides a range of ownership and redevelopment configurations, subject to applicable approvals and site requirements.
Key Highlights
- 4.55‑acre commercial property comprising two separate tax parcels
- 14,500± square foot former dealership building
- Showroom areas, offices, and automotive service bays
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$164,430
Cap Rate
3.43%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,288,600
$3.3M
Cap Rate 7%
$2,349,000
$2.3M
Cap Rate 9%
$1,827,000
$1.8M
Market Conditions
NOI Build-Up for 14,500 SF
Gross rent
$261.0K $18.00/SF
− Vacancy
−$26.1K −$1.80/SF
EGI
$234.9K $16.20/SF
− OpEx
−$70.5K −$4.86/SF
NOI
$164.4K $11.34/SF
Area
Charles County, MD
Vacancy
10.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,288,600
Cap Rate 7%
$2,349,000
Cap Rate 9%
$1,827,000
Alternative Uses
Best Use
Retail
$2.35M
$2.06M – $2.74M
NOI $164,430 @ 7.0% cap · market cap 3.43%
Second Best
Industrial
$1.99M
$1.74M – $2.32M
NOI $139,486 @ 7.0% cap · market cap 2.91%
Theoretical Best
Multifamily LT 5
$203.60M
$178.15M – $237.54M
NOI $14,252,189 @ 7.0% cap · market cap 296.92%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
921
Businesses Nearby
141k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 64%
Shops & Services 28%
Home Improvements & Furnishings 6%
Hotels & Casinos 2%
Starbucks
Dining
19,484 visits/mo
0.2 miles
Dollar Tree
Shops & Services
17,027 visits/mo
0.3 miles
Popeyes Louisiana Kitchen
Dining
16,621 visits/mo
0.3 miles
Outback Steakhouse
Dining
14,601 visits/mo
0.2 miles
Exxon
Shops & Services
13,040 visits/mo
0.2 miles
Demographics for 20646, MD
20,411
Population
8,263
Households
2.5
Avg Household Size
42
Median Age
33%
College-Educated
95%
High-School Grad
79.8 sq mi
ZIP Area
256
Density / Sq Mi
$130,008
Median Household Income
$62,409
Median Earnings
$1,486
Median Rent
$435,100
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in South region
Similar Off Market Nearby
- Hunt Ford Inc. — 6825 Crain Hwy, La Plata, MD 20646
- Waldorf's Ford of La Plata Service Center — 6825 Robert S. Crain Hwy, La Plata, MD 20646
- Martin's Service Station — 309 Charles St, La Plata, MD 20646
- Shell — 601 Charles St, La Plata, MD 20646
- Valvoline Instant Oil Change — 6660 Robert S. Crain Hwy, La Plata, MD 20646
Frequently Asked Questions
What type of property is this?
Auto shop - Two tax parcels include showroom, office, service, and parking components for continued automotive or broader commercial use.
Where is this auto shop located?
The property is located at 6825 CRAIN HWY La Plata, MD.
What is the asking price?
The asking price for this property is $4,800,000.
What are key features of this property?
This property features: 4.55‑acre commercial property comprising two separate tax parcels; 14,500± square foot former dealership building; Showroom areas, offices, and automotive service bays
