10587 Mt Savage NW Rd Cumberland, MD 21502-4929
This exceptional 3,532 square foot auto shop, located at 10587 Mount Savage Rd NW in La Vale, Maryland (zip code 21502), presents a unique investment opportunity. Situated on a 0.57-acre lot (APN 0120007036), this fee simple property boasts 22 parking spaces, ensuring ample room for customers and inventory. Built in 1994, the building features a main garage measuring 40' x 32' with a 16' interior height, an auto lift, an office, a bathroom, and second-level storage. The property is zoned B-1 and currently operates as an auto inspection and pre-owned auto retail sales business. The asking price is $675,000, translating to $191.11 per square foot. The property's prime location in the Cumberland/Corriganville area offers high visibility and traffic, maximizing its potential. This turnkey operation (excluding autos) offers endless possibilities for a variety of uses. The sale includes three additional residential buildings on the property, currently generating rental income. This is a rare opportunity to acquire a well-established business with significant upside potential in a desirable location.
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Corriganville Auto Sales Car Dealership
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
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
B-1 · Cumberland, 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.