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    Property profile & analytics
    OFF-MARKET
    Retail space

    11135 Grays Cor Rd, Berlin, MD 21811-3161

    1,699 SF 0.25 ac lot Built 1920
    Individually Owned 4-yr Hold Free & Clear
    Property ID
    US40-1325132
    Property summary
    AI-generated overview

    This exceptional mixed-use property, located at 11135 Grays Corner Road in Berlin, Maryland, presents a unique investment opportunity. The 1,699 square foot building sits on a 0.25-acre corner lot, offering high visibility and accessibility. Currently configured as a house, the property is being sold "as is," with no repairs to be completed by the seller. The significant advantage lies in its commercial zoning, opening up a wide range of potential uses for savvy investors. Imagine transforming this space into a thriving retail outlet, a professional office, or a unique blend of commercial and residential uses. The property's location in Berlin, Maryland, provides access to a vibrant community and strong local economy. The 0.25-acre lot offers ample space for potential expansion or outdoor amenities, depending on the chosen development plan. This is a rare chance to acquire a versatile property in a desirable location, ready for your vision and entrepreneurial spirit. The asking price of $139,900 makes this an attractive investment opportunity that shouldn't be missed. Serious inquiries are encouraged to explore the possibilities this property offers. Act quickly, as properties with this combination of location, size, and zoning potential are seldom available.

    Property profile
    Verified
    Property type Retail space
    Use group RETAIL STORES (PERSONAL SERVICES)
    Year built 1920
    Construction BRICK
    Total area 1,699 SF
    Lot 0.25 ac (10,890 SF)
    Zoning code C2
    APN 03-011240
    UPID US40-1325132
    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
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Nawaz Gul · 4 yrs held
    Nawaz Gul
    since 2022
    Last sale
    $80,600
    2 recorded transactions
    2022
    2021
    $80,600
    Zoning & alternative use
    C2 · Berlin, MD
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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