Aberdeen Development Opportunity with
For Sale
Contact for pricing
614 S Philadelphia Blvd, Aberdeen, MD 21001
Freestanding building, pad site, and rear parcel for sale.
Property Size3,289 SF
Lot Size0.84 Acres
Price / SF$608.09
Days on Market1351
Property Features for 614 S Philadelphia Blvd
General Information
Standard status
Active
Size
3,289 SF
Lot size
0.84 Acres
Property subtype
Retail
Zoning
B3
Building Details
Year Built
2005
Listing Agency:
Garceau Realty
(410) 803-0714
Listed By:
David Feazell · License #MD 674137
Source:
Crexi
Added: Dec 9, 2022
Changed: Aug 8
Last Checked: Aug 8 at 11:17AM
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 Garceau Realty
Investment Insights
Based on property information with market context.
This property presents an excellent development opportunity with immediate cash flow. It features a 3,289 square foot freestanding building, custom-built for Precision Tune in 2005, situated on a 0.84-acre lot zoned B3. The property also includes an adjacent paved pad site ready for a similar-sized freestanding building. A connected 3.28-acre rear parcel on James St, also zoned B3, is included. Precision Tune currently pays $82,039 per year on a corporately guaranteed, double-net (NN) lease, with approximately 4 years remaining on the first of five 5-year renewal options (expiring in July 2029). The lease, guaranteed by PTAC, owned by Icahn Automotive Group LLC, includes four remaining renewal options with 15% increases or CPI, whichever is less. The paved pad site is tenant-ready with utilities and curb cuts. Both parcels have stormwater management in place. A developer can connect the large lot to the front pad site to create a large retail site with frontage and signage on Philadelphia Blvd while collecting cash flow from Precision Tune. The property is located in Aberdeen, MD, approximately 30 miles north of Baltimore City.
Key Highlights
- Existing cash flow of $82,039/year from corporately guaranteed NN lease with Precision Tune.
- Significant development opportunity with a 3.28‑acre rear parcel and a paved pad site ready for a freestanding building.
- Prime location in Aberdeen, MD, with frontage and signage potential on Philadelphia Blvd.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
594
Businesses Nearby
79k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 54%
Shops & Services 34%
Groceries 12%
McDonald's
Dining
21,352 visits/mo
0.5 miles
Golden Corral
Dining
18,238 visits/mo
0.3 miles
Lidl
Groceries
9,790 visits/mo
0.3 miles
7-Eleven
Shops & Services
7,551 visits/mo
0.1 miles
AutoZone
Shops & Services
6,000 visits/mo
0.3 miles
Demographics for 21001, MD
25,714
Population
11,010
Households
2.3
Avg Household Size
38
Median Age
28%
College-Educated
92%
High-School Grad
30.0 sq mi
ZIP Area
857
Density / Sq Mi
$81,778
Median Household Income
$49,765
Median Earnings
$1,391
Median Rent
$267,400
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Similar Off Market Nearby
- Price's Diagnostics & Repair — 823 Old Philadelphia Rd, Aberdeen, MD 21001
- Big Rig Doctor — 635 Old Philadelphia Rd Unit E, Aberdeen, MD 21001
- D David Truck Repair, LLC — 823 Old Philadelphia Rd, Aberdeen, MD 21001
- Geno's Garage — 823 Old Philadelphia Rd, Aberdeen, MD 21001
- Beavers' Auto Body — 627 S Philadelphia Blvd, Aberdeen, MD 21001
Frequently Asked Questions
What type of property is this?
Auto shop - Freestanding building, pad site, and rear parcel for sale.
Where is this auto shop located?
The property is located at 614 S Philadelphia Blvd Aberdeen, MD.
What is the asking price?
The asking price for this property is $2,000,000.
What are key features of this property?
This property features: Existing cash flow of $82,039/year from corporately guaranteed NN lease with Precision Tune.; Significant development opportunity with a 3.28‑acre rear parcel and a paved pad site ready for a freestanding building.; Prime location in Aberdeen, MD, with frontage and signage potential on Philadelphia Blvd.
