Automotive Service
For Sale
Contact for pricing
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
Price / SF$331.03
Days on Market54
Property Features for 6825 CRAIN HWY
General Information
Standard status
Active
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: Aug 29
Last Checked: Aug 29 at 1:10PM
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 = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$164,430
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.43%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
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
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.
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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
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.
Property Analytics
Property Profile
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
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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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
