Property summary
This exceptional, well-maintained commercial plaza in Maugansville, MD, presents a prime investment opportunity. Located on a 0.78-acre lot at 18028 Maugans Avenue, this 8,770 square foot property boasts a highly visible location just half a mile from Interstate 81, ensuring excellent accessibility and high traffic volume. The plaza is zoned BG (Business General) and features seven designated suites, each equipped with its own electric meter, water heater, and heat pump, providing efficient utility management for both owner and tenants. Ample parking is available with 35 spaces. Currently fully leased to four different tenants with a mix of lease terms, this property offers immediate cash flow. The building consists of two sections: the left half, which was rebuilt in 1990, and the right half, added in the same year. County taxes only apply, minimizing overhead costs. This is a rare opportunity to acquire a stable, income-generating property in a thriving commercial area. The property's strategic location and well-maintained condition make it an attractive investment for discerning buyers seeking a strong return on investment. The existing tenant base provides a solid foundation for future growth and potential rental increases. Don't miss this chance to own a piece of Maugansville's commercial landscape.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Estimated NOI ÷ last recorded sale. Refine with your own numbers in the full report.
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
BG · Maugansville, MDZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
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