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    OFF-MARKET
    Retail space

    1919 Hanover Pike, Hampstead, MD 21074-1323

    1,920 SF 1.07 ac lot Built 1948
    Entity Owned 6-yr Hold Free & Clear
    Property ID
    US40-1265977
    Property summary
    AI-generated overview

    This exceptional Hampstead, MD commercial property presents a unique investment opportunity. The offering includes a thriving auto dealership and repair shop, housed within two substantial buildings situated on a 1.07-acre lot. The main building, recently renovated, boasts over 2,400 square feet of versatile space. This includes a spacious client area, a dedicated employee lounge and kitchenette, a two-car garage fully equipped with lifts, compressors, and tire machines, plus ample parts storage. A finished basement provides additional storage. A second building, constructed approximately four years ago, offers approximately 2,400 square feet of space, featuring four large commercial bays with 12-foot ceilings, overhead doors, LED lighting, and efficient heating. Both buildings benefit from a comprehensive security system with perimeter cameras and a privacy fence. The expansive lot accommodates approximately 50 cars in the front and over 100 in the fenced backyard. The property's C-zoning allows for continued operation of the existing auto business or a complete transformation into various ventures, including retail, restaurant, or even a gas station. The total square footage is 2,560 square feet. A tow truck is also available for purchase, offering potential for additional income streams. This turnkey operation presents a rare chance to acquire a profitable business and a substantial commercial property in a prime location.

    Property profile
    Verified
    Property type Retail space
    Use group RETAIL STORES (PERSONAL SERVICES)
    Year built 1948
    Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Total area 1,920 SF
    Lot 1.07 ac (46,566 SF)
    Zoning code C-2
    APN 08-007055
    UPID US40-1265977
    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
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Car Estate LLC · 6 yrs held
    Car Estate LLC
    since 2020
    Last sale
    $279,000
    3 recorded transactions
    2020
    2019
    $279,000
    2015
    Zoning & alternative use
    C-2 · Hampstead, MD
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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