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    Property profile & analytics
    OFF-MARKET Estimated value $1,125,000
    Strip malls

    18028 Maugans Ave, Maugansville, MD 21767

    8,770 SF 0.78 ac lot Built 1990
    Entity Owned ~ Est. High Equity
    Property ID
    US40-1179144
    Property summary
    AI-generated overview

    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
    Verified
    Property type Strip malls
    Use group SHOPPING CENTER, STRIP CENTER
    Year built 1990
    Construction BRICK
    Total area 8,770 SF
    Lot 0.78 ac (33,897 SF)
    Zoning code BG
    APN 13-016704
    UPID US40-1179144
    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
    $1.15M
    CAP Approach CAP
    $1.37M
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $1.13M
    Owner & transaction history
    Jhulelal LLC
    Jhulelal LLC
    since 2026
    Last sale
    $1.1M
    5 recorded transactions
    2026
    $1.1M
    2024
    2007
    $1.2M
    2005
    $900,000
    1969
    Zoning & alternative use
    BG · Maugansville, MD
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Commercial (general) $1.3M +201.0%
    Medical building $1.3M +199.3%
    Restaurant $1.2M +176.8%
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