Property profile

1919 Hanover Pike Hampstead, MD 21074

OFF-MARKET
Retail space
Property ID
US40-1265977
1,920 SF 1.07 ac lot Built 1948
Entity Owned 6-yr Hold Free & Clear
Saved · see the list in your Dashboard

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

Location

1919 Hanover Pike Hampstead, MD 21074-1323
Hampstead metro Census 508103 BALTIMORE-TOWSON, MD METROPOLITAN STATISTICAL AREA
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
$270k

Owner & transaction history

since 2020
Last sale
$279,000
3 recorded transactions
2020
Price N/A
2019
$279,000
2015
Price N/A

Zoning & alternative use

C-2 · Hampstead, MD

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1919 Hanover Pike?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message