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    OFF-MARKET
    Auto shops

    2020 Chaneyville Rd, Owings, MD 20736-9646

    2,240 SF 0.06 ac lot Built 1942
    Individually Owned 21-yr Hold ~ Est. High Equity
    Property ID
    US40-2269364
    Property summary
    AI-generated overview

    This exceptional 2,240 square foot industrial property is ideally situated on a prime corner lot in Owings, Maryland, directly off Route 4 within the Tapestry North Condo subdivision. Boasting unparalleled visibility and accessibility due to its high-traffic location, this property is perfect for a variety of automotive-related businesses. Currently configured as an automotive shop, the versatile layout allows for easy customization to suit diverse needs, including repair shops, dealerships, or detailing services. The spacious building offers ample room for operations and clientele, complemented by a generous paved parking lot for convenient customer and employee parking. The property's location within the Tapestry North Condo subdivision provides proximity to shopping, dining, and residential areas, ensuring a strong customer base. The 0.06-acre lot offers excellent exposure and convenience, making this a rare opportunity to establish or expand a business in a thriving market. This turnkey property is ready for immediate occupancy and presents a significant advantage for automotive businesses seeking a high-visibility location with ample space and parking. The flexible interior layout allows for easy adaptation to specific business requirements, whether that includes showroom space, service bays, or office areas. This is a chance to secure a prominent position in a desirable Owings location.

    Property profile
    Verified
    Property type Auto shops
    Use group AUTO REPAIR, GARAGE
    Year built 1942
    Construction BRICK
    Total area 2,240 SF
    Lot 0.06 ac (2,439 SF)
    Zoning code RC
    APN 02-109298
    UPID US40-2269364
    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
    Current use
    Occupant on record · Public records
    • Hi-Tech Automotive Repair Auto Repair Shop
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Thomas J Cable · 21 yrs held
    Thomas J Cable
    since 2004
    3 recorded transactions
    2004
    $392,500
    2003
    $525,000
    1969
    Zoning & alternative use
    RC · Owings, MD
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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