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Property profile & analytics
OFF-MARKET
Retail space

10070 Washington N Blvd Laurel, MD 20723-1902

2,475 SF 0.65 ac lot Built 1905
Entity Owned 4-yr Hold ~ Est. High Equity
Property ID
US40-0696522
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1905
Construction WOOD
Total area 2,475 SF
Lot 0.65 ac (28,314 SF)
Zoning code CACLI
APN 06-432468
UPID US40-0696522
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Kake Korner Bakery Specialty Food Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
For Air Heads Only LLC · 4 yrs held
For Air Heads Only LLC
since 2021
Last sale
$440,000
2 recorded transactions
2021
$440,000
2010
$2,593
Zoning & alternative use
CACLI · Laurel, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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