Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Rte 36 Rd Cumberland, MD 21502
    Back to Search
    Property profile & analytics

    Rte 36 Rd, Cumberland, MD 21502

    View on Map
    • Land
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 Rte 36 Rd

    Property type
    Land
    Property subtype
    Industrial properties

    Description

    This exceptional 0.66-acre commercial property located on Route 36 Road in Cumberland, Maryland, presents a fantastic investment opportunity. Situated in Allegany County, zip code 21502 (latitude 39.6570823, longitude -78.7249469), this land boasts significant road frontage, making it highly visible to potential customers. The property includes a substantial paved lot and a 1,560 square foot building, fully accessible to individuals with disabilities. Previously used as a car lot, this versatile location offers a multitude of possibilities for various commercial ventures. Consider this property ideal for a car dealership, financial institution (bank or credit union), convenience store, restaurant, ice cream shop, liquor store, car wash, or professional office building. The property is categorized as Land, Industrial, with subtypes including Farm, Ranch, Manufacturing, and Commercial. The asking price for this unique opportunity is $350,000. Don't miss this chance to acquire a prime commercial property in a thriving location.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Cumberland
    County
    Allegany
    State
    Maryland
    Longitude
    -78.7249
    Latitude
    39.6571

    Comparable in this City

    • Value Estimation by Request

      165 Center St

      Manufacturing properties
      165 Center St, Cumberland, MD 21502
      View Details
    • Value Estimation by Request
      1.76 Acres

      15816 Mcmullen Hwy

      Land
      15816 Mcmullen Hwy, Cumberland, MD 21502
      View Details
    • Value Estimation by Request

      15816 Mcmullen Hwy

      Land
      15816 Mcmullen Hwy, Cumberland, MD 21502
      View Details
    • Value Estimation by Request
      1.46 Acres

      105 Welton Dr

      Land
      105 Welton Dr, Cumberland, MD 21502
      View Details
    • Value Estimation by Request
      1.66 Acres

      Winchester Rd

      Land
      0 Winchester Rd, La Vale, MD 21502
      View Details
    • Value Estimation by Request
      58.12 Acres

      12528 Willowbrook Rd

      Land
      12528 Willowbrook Rd, Cumberland, MD 21502
      View Details

    Similar Nearby for Sale

    • $36,000,000

      East Coast Cannabis Industry Opportunity

      Fully leased industrial building with cannabis tenant and expansion potential.
      975 Kelly Rd, Cumberland, MD 21502
      View Details
    • $395,000
      5.00 Acres

      CUMBERLAND Commercial/Industrial Land Opportunity

      Five acres of commercial/industrial land in Cumberland, Maryland.
      Mexico Farms Rd, Cumberland, MD 21502
      View Details
    • $749,000

      Land for Sale Cumberland, MD

      Land available near Rocky Gap State Park.
      14600 Williams Rd SE, Cumberland, MD 21502
      View Details
    • Contact for pricing

      LaVale Mixed-Use Property For Sale

      Two buildings on 0.80 acres in high-traffic area.
      918 National Hwy, Lavale, MD 21502
      View Details

    Similar Nearby for Lease

    • $10 SF/Yr

      Flexible Space with Multiple Sections

      Adaptable space with offices, open areas, and metal building.
      21 Lane Ave, Lavale, MD 21502
      View Details
    • Contact for pricing

      Cumberland Retail Land For Lease

      Large tract of land for retail or mixed-use development.
      13816 Spealman Rd SW, Lavale, MD 21502
      View Details
    • Contact for pricing

      La Vale Retail Land

      Approximately 80 acres of B2 zoned land for rent.
      13816 Spealman Rd SW, Lavale, MD 21502
      View Details
    • Contact for pricing

      Retail Space in Cumberland, MD

      Single tenant retail space available for lease in Cumberland.
      1262 Vocke Rd, Cumberland, MD 21502
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Rte 36 Rd
    Cumberland, MD 21502
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    Rte 36 Rd, Cumberland, MD, 21502
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!