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Property profile & analytics
OFF-MARKET
Auto shops

10587 Mt Savage NW Rd Cumberland, MD 21502-4929

1,872 SF 0.57 ac lot Built 1994
Individually Owned 11-yr Hold Free & Clear
Property ID
US40-0945166
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1994
Total area 1,872 SF
Lot 0.57 ac (24,829 SF)
Zoning code B-1
APN 20-007036
UPID US40-0945166
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
  • Corriganville Auto Sales Car Dealership
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
Brent L Flesher · 11 yrs held
Brent L Flesher
since 2015
3 recorded transactions
2015
Price N/A
2012
Price N/A
1969
Price N/A
Zoning & alternative use
B-1 · Cumberland, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source SECTION 6
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