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    OFF-MARKET
    Strip malls

    12743 Garrett Hwy, Oakland, MD 21550-1119

    21,550 SF 0.79 ac lot Built 1982
    Entity Owned 4-yr Hold Free & Clear
    Property ID
    US40-1630658
    Property summary
    AI-generated overview

    This exceptional investment opportunity presents a rare chance to acquire a prominent Oakland, MD commercial plaza. The property encompasses two income-producing buildings totaling over 21,550 square feet of leasable retail space, currently generating strong rental income. A highly profitable liquor store business is included in the sale, providing an immediate and established revenue stream. Financial statements for both the plaza and the liquor store are available upon request with a signed Non-Disclosure Agreement. Adding to the value proposition is approximately 0.79 acres of undeveloped land, offering significant potential for future expansion or development. A single-unit apartment is also part of the property, providing additional income potential or housing for on-site management. Located at 12743 Garrett Highway in Oakland, MD, this well-known plaza benefits from high visibility and strong local traffic. The property's size, diverse income streams, and development potential make it an attractive investment for both seasoned and emerging commercial real estate investors seeking a stable and growing portfolio. This is a turnkey operation with established tenants and a proven track record of profitability. The opportunity to acquire a well-established commercial plaza with additional land and a thriving liquor store business is truly unique and unlikely to be repeated. Serious inquiries only.

    Property profile
    Verified
    Property type Strip malls
    Use group SHOPPING CENTER, STRIP CENTER
    Year built 1982
    Construction BRICK
    Total area 21,550 SF
    Lot 0.79 ac (34,412 SF)
    APN 14-022392
    UPID US40-1630658
    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
    Brodak Plaza LLC · 4 yrs held
    Brodak Plaza LLC
    since 2021
    1 recorded transaction
    2021
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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