You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
OFF-MARKET Estimated value $2,845,000
Office buildings

4028 Hanover Pike Manchester, MD 21102-1440

740 SF 10.48 ac lot Built 1970
Individually Owned 3-yr Hold ~ Est. High Equity
Property ID
US40-1798826
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1970
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 740 SF
Lot 10.48 ac (456,509 SF)
Zoning code C-3
APN 06-031196
UPID US40-1798826
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
  • Ron's Automotive Car Dealership
  • Ron's Automotive Service Center Auto Repair Shop
  • Manchester Body Shop Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$2.84M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.85M
Owner & transaction history
Amjad Abbasi · 3 yrs held
Amjad Abbasi
since 2023
Last sale
$3.0M
7 recorded transactions
2023
$3.0M
2019
$1.6M
2011
Price N/A
1999
$485,000
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
C-3 · Manchester, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 4028 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.
List this address →
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