10070 Washington N Blvd Laurel, MD 20723-1902
This exceptional retail property presents a rare investment opportunity in the heart of Howard County's North Laurel. Situated on a highly visible 0.65-acre corner lot at the intersection of Washington Boulevard (Route 1) and Madison Avenue, this location boasts unparalleled exposure to a high volume of traffic. The property benefits from highway-facing signage and convenient access via curb cuts on both Washington Boulevard and Madison Avenue, ensuring easy access for customers and employees. The 3,411 square foot building is spread across three levels, offering significant flexibility. The lower level, which is above grade on the side and rear, features a walk-out door ideal for deliveries or the creation of a separate unit. The building's layout allows for division into three distinct units, each exceeding 1,000 square feet of usable space. Zoned CAC (Corridor Activity Center) with a CLI (Continuing Light Industrial) overlay, this property offers significant redevelopment potential as a pad site for new construction. Currently occupied by a retail bakery, the business, including all fixtures, furniture, and equipment (FF&E), is available for an additional $115,000. Alternatively, the existing bakery business can be relocated (see separate MLS listing for details). Ample parking is available in both front and rear lots, and a drive-through lane adds further convenience. This property represents a unique chance to acquire a well-located, versatile commercial space with substantial upside potential.
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Kake Korner Bakery Specialty Food Shop
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
CACLI · Laurel, MDCosts & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.