Property profile

1527 Maryland Hwy Oakland, MD 21550

OFF-MARKET
Warehouses
Property ID
US40-1476949
384 SF 0.47 ac lot Built 1993
Entity Owned 1-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional mixed-use property in Oakland, Maryland presents a unique investment opportunity. The iconic Riverside Grill, Inn and Suites (formerly Long Branch) boasts multiple income streams derived from both its established restaurant and motel operations. The restaurant has undergone a significant renovation, encompassing the dining area, bar, and kitchen, creating a modern and inviting space for patrons. The motel comprises twelve rooms, several of which have recently been renovated. A significant asset is a one-bedroom, one-bathroom apartment with an attached full garage, offering potential for nightly rentals or long-term occupancy. Adding to the property's appeal is a substantial 2.8+ acre commercial lot, ripe with development possibilities. The property's prime location provides over 700 feet of frontage on the Little Youghiogheny River, creating a truly picturesque riverside setting. The total building size is 9,730 square feet, situated on a 4.62-acre lot. This property is ideally suited for an entrepreneur seeking to establish or expand their restaurant, motel, and other commercial ventures. The asking price for this remarkable property is $1,100,000. This is a rare chance to acquire a well-established and versatile property with significant income potential and substantial development opportunities.

Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1993
Construction BRICK
Total area 384 SF
Lot 0.47 ac (20,473 SF)
Zoning code C
APN 16-017795
UPID US40-1476949

Cap rate & NOI

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

Location

1527 Maryland Hwy Oakland, MD 21550-6354
Oakland metro Census 700
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
by Request
Blend (final) Blend
$1.01M

Owner & transaction history

since 2025
Last sale
$800,000
5 recorded transactions
2025
$950,000
2025
$950,000
2023
$800,000
2019
Price N/A
1969
Price N/A

Zoning & alternative use

C · Oakland, MD
Zoning description

Procedures for maintaining Commercial (C) and Employment Center (EC) District zoning once granted. The procedure for maintaining any change of the zoning classification of land to Commercial (C) and/or Employment Center…

General category CIVIC_INSTITUTIONAL

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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