4028 Hanover Pike Manchester, MD 21102-1440
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.
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Ron's Automotive Car Dealership
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Ron's Automotive Service Center Auto Repair Shop
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Manchester Body Shop Auto Repair Shop
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
C-3 · Manchester, MDCosts & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.