Technical
Financial
Distress signals
Property profile

312 3rd St Oakland, MD 21550

OFF-MARKET
Retail space
Property ID
US40-0029203
10,735 SF 0.56 ac lot Built 1945
Individually Owned 20-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This commercial building in Oakland, Maryland offers over 10,000 square feet of interior space on a 0.92-acre lot. The property is zoned for commercial use and has been configured for retail operations, with expansive open showroom areas that allow for flexible interior reconfiguration. Two loading docks provide access for deliveries and inventory handling, and the upper level provides additional storage space with potential for office build-out. The building is positioned for high-visibility access and includes ample on-site parking; the surrounding area has a walk score of 52 and a bike score of 19. The improvements are suited to continued retail use as well as warehouse, distribution, or light commercial purposes.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1945
Construction BRICK
Total area 10,735 SF
Lot 0.56 ac (24,393 SF)
Zoning code C
APN 17-005197
UPID US40-0029203

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Furniture & Home Goods Home Decor Store

Location

312 3rd St Oakland, MD 21550-1834
Oakland metro Census 601
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
$295k

Owner & transaction history

since 2005
4 recorded transactions
2019
Price N/A
2005
$30,250
2005
$300,000
2000
Price N/A

Zoning & alternative use

C · Oakland, MD
Zoning description

Procedures for maintaining Commercial (C) and Employment Center (EC) District zoning once granted. The procedure for maintaining any change of the zoning classification of land to Commercial (C) and/or Employment Center…

General category CIVIC_INSTITUTIONAL

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
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