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    Property profile & analytics

    20768 Garrett Hwy Oakland, MD 21550-7200

    • Retail space
    • 2,840 SF
    • 0.59 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Jun 08, 2022
    Location Intelligence
    Property ID
    US40-2351084
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Retail space

    Property Details for 20768 Garrett Hwy

    Year built
    1971
    Construction
    BRICK
    Lot size
    0.59 lot acres
    Property size
    2,840 SF
    Zone code
    C
    Property type
    Retail space
    APN
    18-023733
    APU
    18023733

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Oakland
    County
    Garrett
    State
    Maryland
    Longitude
    -79.326
    Latitude
    39.5172

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $11,114
    $0.00
    $0.00
    $830,667
    -
    $590,300
    $327,900
    $918,200

    Comparable in this City

    • Value Estimation by Request
      2,772 SF

      17 Liberty St

      RETAIL STORES (PERSONAL SERVICES) • 2,772 SF
      17 Liberty St, Oakland, MD 21550-1214
      View Details
    • Value Estimation by Request
      3,294 SF

      19895 Garrett Hwya

      RETAIL STORES (PERSONAL SERVICES) • 3,294 SF
      19895 Garrett Hwya, Oakland, MD 21550-7120
      View Details
    • Value Estimation by Request
      3,022 SF

      19509 Garrett Hwy Ste, Unit 8

      RETAIL STORES (PERSONAL SERVICES) • 3,022 SF
      19509 Garrett Hwy Ste, Oakland, MD 21550-7396
      View Details
    • Value Estimation by Request
      7,840 SF

      205 Alder St

      RETAIL STORES (PERSONAL SERVICES) • 7,840 SF
      205 Alder St, Oakland, MD 21550-1513
      View Details
    • Value Estimation by Request
      3,168 SF

      1407 Arnold Ln

      RETAIL STORES (PERSONAL SERVICES) • 3,168 SF
      1407 Arnold Ln, Oakland, MD 21550
      View Details
    • Value Estimation by Request
      24,000 SF

      1947 Maryland Hwy

      RETAIL STORES (PERSONAL SERVICES) • 24,000 SF
      1947 Maryland Hwy, Oakland, MD 21550-3926
      View Details

    Similar Nearby for Sale

    • $1,999,900

      Oakland Commercial Plaza For Sale

      Two commercial buildings, liquor store, land, and apartment.
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    • $599,000
      4,000 SF

      Oakland Retail Gem: Historic Charm & Modern Amenities

      Downtown Oakland, 4,000 sq ft, Huge Potential
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      Oakland Commercial Plaza Investment

      High-Yield Retail & Liquor Store Opportunity
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    • $1,800,000

      Retail Property For Sale

      Retail property available for purchase in Oakland, Maryland.
      19530 Garrett Hwy, Oakland, MD 21550
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    • $225,000
      1.00 Acre

      Oakland Commercial Land - Highway Frontage

      Prime 1-acre commercial lot, highway visibility, utilities available.
      13209 Garrett Hwy, Oakland, MD 21550
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    • $1,750,000
      15,000 SF

      this 12-lane bowling complex was completely renovated in 2014

      this 15
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      View Details
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    20768 Garrett Hwy
    Oakland, MD 21550-7200
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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