Property profile

127 2nd St Laurel, MD 20707

OFF-MARKET
Auto shops
Property ID
US40-0124651
2,403 SF 0.32 ac lot Built 1969
Entity Owned 20-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1969
Construction BRICK
Total area 2,403 SF
Lot 0.32 ac (13,865 SF)
Zoning code LAUR
APN 10-1008259
UPID US40-0124651

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
  • Auto Repair Shop
  • Auto Repair Shop

Location

127 2nd St Laurel, MD 20707-4311
Laurel metro Census 800103 WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$643k
Blend (final) Blend
$375k

Owner & transaction history

since 2006
3 recorded transactions
2021
Price N/A
2006
$1.2M
1969
Price N/A

Zoning & alternative use

LAUR · Laurel, MD
Top alternative use upside
Retail stores $1.0M +0.6%

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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