Property profile

13209 Garrett Hwy Oakland, MD 21550

FOR SALE
Retail space
Property ID
US40-0762699
5,040 SF 6.79 ac lot Built 2000
Entity Owned 18-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional 1-acre commercial property presents a remarkable opportunity for businesses seeking high visibility and convenient access. Located at 13209 Garrett Highway Lot #2 in Oakland, Maryland, this lot boasts significant road frontage along the busy Garrett Highway, placing your business directly in the path of substantial daily traffic. Its strategic location is further enhanced by its proximity to Tractor Supply, ensuring high foot and vehicle traffic. The property is serviced by readily available public water and sewer, as well as natural gas, simplifying infrastructure needs and reducing development costs. Zoned Town Center (TC) under Oakland's zoning ordinance, this lot offers flexibility for a variety of commercial uses, subject to the applicable regulations. While a final survey of the lot is currently pending, the approximate size is confirmed as one acre. This prime location, coupled with the readily available utilities and favorable zoning, makes this an ideal site for a wide range of commercial ventures. The property is identified as Map 72 Parcel: 13 within the Oakland municipal records. Don't miss this chance to establish your business in a thriving location with excellent visibility and accessibility. Contact us today to learn more about this exceptional opportunity.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2000
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 5,040 SF
Lot 6.79 ac (295,772 SF)
APN 17-014781
UPID US40-0762699

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

13209 Garrett Hwy Oakland, MD 21550
Oakland metro Census 601
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$330k

Owner & transaction history

since 2008
2 recorded transactions
2024
Price N/A
2008
$277,633

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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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