8542 Fort Smallwood Rd Pasadena, MD 21122
- Retail space
- 1,410 SF
- 0.28 lot acres
Current Use by Public Records
- Retail space
Property Details for 8542 Fort Smallwood Rd
- Year built
- 1973
- Construction
- BRICK
- Lot size
- 0.28 lot acres
- Property size
- 1,410 SF
- Zone code
- C3
- Property type
- Retail space
- APN
- 03-752-18866550
- APU
- 375218866550
Description
This exceptional turn-key property, located at 8542 Fort Smallwood Road in Pasadena, Maryland, presents a unique investment opportunity. The 1,425 square foot building sits on a 0.63-acre lot and has been completely renovated from top to bottom, ensuring it's in excellent condition. Its versatile design makes it ideal for a wide range of uses, including retail sales, professional offices (such as insurance agencies, medical or dental suites), an academic or childcare center, a church or place of worship, senior living facilities, a garden center, veterinary services, auto repair, or home improvement businesses. The property's prime location offers unparalleled convenience, with easy access to major routes and destinations. It's just minutes away from Annapolis, Baltimore, the National Security Agency (NSA), and Baltimore-Washington International Thurgood Marshall Airport (BWI). This is a rare chance to acquire a fully renovated, highly adaptable commercial property in a thriving area with excellent connectivity. The asking price is $729,000. Serious inquiries are encouraged.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $320,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $285,000
- 6.5%
- $335,000
- 7%
- $300,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $325,000
- Geo Method
- $330,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $265,000
- Retail
- $260,000
- Mixed-Use
- $320,000
- Hospitality
- $285,000
- Educational
- $325,000
- Residential Income
- $330,000
- Energy
- $285,000
- Income-Based Land
- $300,000
- Food Service
- $275,000
Location Insight
- Map
- Local Demand
- City
- Pasadena
- County
- Anne Arundel
- State
- Maryland
- Longitude
- -76.5187
- Latitude
- 39.1542
- CBSA code
- 12580
- CBSA name
- BALTIMORE-TOWSON, MD METROPOLITAN STATISTICAL AREA