10833 Greensboro Rd Denton, MD 21629
- Auto shops
- 1,920 SF
- 1.00 lot acres
Current Use by Public Records
- Forrester Electric Co / Electrician
Property Details for 10833 Greensboro Rd
- Year built
- 1952
- Construction
- BRICK
- Lot size
- 1.00 lot acres
- Property size
- 1,920 SF
- Zone code
- C2
- Property type
- Auto shops
- APN
- 03-004481
- APU
- 3004481
Description
This exceptional mixed-use property, located at 10833 Greensboro Road in Denton, MD, presents a unique investment opportunity. The property boasts 2,688 square feet situated on one acre of land, strategically positioned at the corner of Rt 313 and Rt 317, ensuring high visibility and excellent exposure to thousands of vehicles daily. The C2 zoning allows for diverse commercial uses, making it ideal for relocating an existing business, establishing a new venture, or adding to an existing portfolio. The main building features a climate-controlled, large shop with two overhead doors, two offices, a half-bath, and ample storage space. Upstairs, a separate apartment offers one bedroom, one bathroom, a living room, kitchen, laundry room with washer/dryer hookups, and a large deck overlooking an in-ground pool with a patio area and yard. A detached three-car garage with additional second-floor storage is also included. Further enhancing the income potential is a separately metered, two-bedroom, one-bathroom home currently occupied by a tenant. This property offers convenient access to Rt 404, with Rt 50 and Delaware only 15-20 minutes away. The combination of commercial space, residential units, and prime location makes this a truly remarkable investment opportunity. Priced at $539,900.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $210,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $140,000
- 6.5%
- $160,000
- 7%
- $150,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $170,000
- Geo Method
- $170,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $145,000
- Retail
- $185,000
- Mixed-Use
- $155,000
- Hospitality
- $175,000
- Educational
- $170,000
- Residential Income
- $145,000
- Energy
- $140,000
- Income-Based Land
- $145,000
- Food Service
- $150,000
Location Insight
- Map
- Local Demand
- City
- Denton
- County
- Caroline
- State
- Maryland
- Longitude
- -75.814
- Latitude
- 38.905