Property profile

102 N Rogers St Aberdeen, MD 21001

FOR SALE
Turn key restaurants
Property ID
US40-1318870
7,044 SF 1.16 ac lot Built 1953
Individually Owned 8-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 7,044-square-foot commercial property in Aberdeen, MD, presents a remarkable investment opportunity. Currently configured as a restaurant, this versatile building sits on a spacious 1.16-acre lot offering approximately 32 parking spaces. The B2 zoning allows for a wide range of uses, including warehouse, office, retail, or a combination thereof. The interior boasts a large main dining area (approximately 2,000 square feet) and a smaller, more intimate dining space (approximately 300 square feet), creating flexible options for various business models. Most of the building features durable ceramic tile flooring, while the kitchen and server areas have Durex flooring. The expansive kitchen (approximately 750 square feet) is equipped for large-scale operations, complemented by a 200-square-foot server station with an expo line and over 150 square feet of dry storage. A separate dishwasher area ensures efficient cleanup. A fenced-in rear delivery area enhances security. The outdoor beer garden (with potential for water and electrical hookups) offers additional space for dining or other uses. Located minutes from local attractions and transportation, this property offers unparalleled convenience and accessibility. Its ample space, flexible layout, and prime zoning make it an ideal choice for entrepreneurs and investors seeking a thriving business location. This is a chance to acquire a substantial property with significant upside potential in a desirable area.

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1953
Total area 7,044 SF
Lot 1.16 ac (50,530 SF)
Zoning code B2
APN 02-001144
UPID US40-1318870

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant
  • Atm

Location

102 N Rogers St Aberdeen, MD 21001
Aberdeen metro Census 302901 BALTIMORE-TOWSON, MD METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$250k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$250k

Owner & transaction history

since 2018
6 recorded transactions
2018
$50,000
2014
$435,000
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

B2 · Aberdeen, MD

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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