1262 Vocke Rd La Vale, MD 21502
- Retail properties
- 90,097 SF
- 35.50 lot acres
Current Use by Public Records
- T.J. Maxx / Women'S Clothing Store / Children'S Clothing Store
- American Eagle / Clothing Store / Men'S Clothing Store
- Maurices / Women'S Clothing Store / Plus Size Clothing Store
- Country Club Mall / Shopping Mall / Entertainment
- CELL FIX / Cell Phone Store
Property Details for 1262 Vocke Rd
- Year built
- 1982
- Construction
- BRICK
- Lot size
- 35.50 lot acres
- Property size
- 90,097 SF
- Zone code
- B
- Property type
- Retail properties
- APN
- 29-017298
- APU
- 29017298
Description
Country Club Mall, located at 1262 Vocke Rd in La Vale, Maryland (zip code 21502), presents a significant retail investment opportunity. This established shopping mall boasts a total building area of 594,069 square feet, situated on a substantial 46.34-acre lot in Allegany County. Currently, there are 11 available spaces ranging in size from a minimum of 496 square feet to a maximum contiguous space of 90,097 square feet. A substantial 196,886 square feet of vacant space is available for lease, providing flexibility for various retail concepts and expansion opportunities. The property's multiple tenancy structure offers a diverse and established retail environment. The mall's location in La Vale, MD provides excellent access to a significant consumer base. This property is ideal for businesses seeking a prominent presence in a well-established shopping center with ample space for growth and development. The property is classified as retail, specifically a shopping mall, and offers a unique chance to establish or expand a retail presence in a thriving Allegany County market. Interested parties should note the significant size of the available space and the potential for customization to suit individual business needs. The property's substantial lot size also offers potential for future development or expansion.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $4,685,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $4,230,000
- 6.5%
- $4,590,000
- 7%
- $4,515,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $4,940,000
- Geo Method
- $4,965,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $3,970,000
- Retail
- $4,950,000
- Mixed-Use
- $4,295,000
- Hospitality
- $3,915,000
- Educational
- $4,135,000
- Residential Income
- $3,895,000
- Energy
- $5,175,000
- Income-Based Land
- $4,205,000
- Food Service
- $4,395,000
Location Insight
- Map
- Local Demand
- City
- Lavale
- County
- Allegany
- State
- Maryland
- Longitude
- -78.8353
- Latitude
- 39.6278
- CBSA code
- 19060
- CBSA name
- CUMBERLAND, MD-WV METROPOLITAN STATISTICAL AREA
