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    4028 Hanover Pike Manchester, MD 21102-1440
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    Property profile & analytics

    4028 Hanover Pike, Manchester, MD 21102-1440

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    • Office buildings
    • 740 SF
    • 10.48 lot acres
    Auto Service and Dealership Complex For Sale
    $4,000,000
    16,000 SF

    Auto Service and Dealership Complex

    Multi-building auto service site with full Hanover Pike frontage and C-3 zoning for a wide range of commercial uses.

    4028 HANOVER PIKE, Manchester, MD 21102
    View Listing
    Property ID
    US40-1798826
    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.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Ron's Automotive / Car Dealership
    • Ron's Automotive Service Center / Auto Repair Shop
    • Manchester Body Shop / Auto Repair Shop

    Property Details for 4028 Hanover Pike

    Year built
    1970
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    10.48 lot acres
    Zone code
    C-3
    Property type
    Office buildings
    APN
    06-031196
    APU
    6031196

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Jul 24, 2023 $3,000,000 Amjad Abbasi 4028 Hanover Pike LLC Special Warranty Deed $3.2M · Ra II LLC
    Nov 5, 2019 $1,600,000 4028 Hanover Pike LLC Wayne S Richards Grant Deed —
    Jun 29, 2011 — Wayne S Richards Richards,wayne S Quit Claim Deed · related —
    Sep 16, 1999 $485,000 Watne S Richards Richards,shirley Grant Deed · related $485k · Farmers & Mechanics Bank
    — — Wayne S Richards — Deed Of Trust · related $400k · Peoples Bk
    — — Wayne S Richards — Deed Of Trust · related $1.2M · New Windsor State Bank
    — — Ron Richards Automotive INC — Deed Of Trust · related $150k · Farmers & Mechanics Bank
    — — Wayne S Richards — Deed Of Trust · related $731k · Bank Of Hanover
    — — Ron Richardss Automative INC — Deed Of Trust · related $1.2M · Raymond S Walker
    — — Wayne S Richards — Deed Of Trust · related $200k · New Century Mortgage

    Description

    This exceptional 10.6-acre property in Manchester, Maryland (21102), offers a unique investment opportunity. The fully operational auto business complex includes five buildings totaling 16,500 to 20,000 square feet, built in 2003 and renovated three years ago. The property features a fully equipped auto repair shop with multiple bays and lifts, a 10,000 square foot auto body shop and paint shop, an auto showroom with sales management offices, and an administration and sales office. A fenced salvage yard is also included. The property boasts 140 parking spaces and is situated on a high-traffic location with excellent visibility. The C3 zoning allows for a variety of uses. Currently 100% occupied, with occupancy continuing until October 28, 2024, this presents a strong potential for synergistic business relationships, particularly for a private auto body shop potentially servicing the existing Ron's Auto Sales. The lease is a NNN type. This is an owner/user or lease opportunity.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $2,540,000
      ML approach
      $2,840,000

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Manchester
    County
    Carroll
    State
    Maryland
    Longitude
    -76.8957
    Latitude
    39.6872
    CBSA code
    12580
    CBSA name
    BALTIMORE-TOWSON, MD METROPOLITAN STATISTICAL AREA

    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
    $14,317
    $438,900
    $828,100
    $1,267,000
    -
    $438,900
    $828,100
    $1,267,000
    View Listing
    More about this property
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