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Property profile & analytics
FOR SALE
Auto shops

4028 Hanover Pike Manchester, MD 21102

Built 2015
Individually Owned 2-yr Hold
Property ID
US40-1543482
Property summary
AI-generated overview

This 10.4816-acre commercial property features C-3 zoning, the highest commercial zoning classification in Carroll County, allowing for the widest variety of commercial uses. The site offers full frontage along Hanover Pike from Ebbyvale Road onward and benefits from strong traffic exposure of approximately 22,000–27,000 vehicles per day (VPD). The property is improved with five buildings totaling approximately 16,000 SF and is currently operating as a used car dealership, tire shop, inspection point, service and repair facility, and body shop. Improvements include a two-level main office and showroom building with administrative offices for sales, finance, management, and tag/title operations; a 7-bay service and tire facility with alignment equipment, customer waiting area, office space, and upper-level storage or parts area; a separate office/support building with front and rear access and bathroom facilities; a fully equipped body shop with four oversized bays capable of accommodating ambulances or larger vehicles, with heating installed; and an additional three-bay service building suitable for car wash or light service use. The site also offers parking capacity for 200+ vehicles. Permissible uses under C-3 zoning may include a strip retail center with an anchor tenant, a gas station with a convenience-oriented pit stop concept (such as Royal Farms), branded auto dealerships including Toyota, Honda, Chevrolet, Ford, and others, or senior and assisted living facilities, which are in high demand in the area. The property’s size, zoning, and location allow it to serve both the Carroll County and Hanover markets and offer immense long-term potential.

Property profile
Verified
Property type Auto shops
Year built 2015
UPID US40-1543482
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
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CAP Approach CAP
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Owner & transaction history
Amjad Abbasi · 2 yrs held
Amjad Abbasi
since 2023
5 recorded transactions
2023
$3.0M
2019
$1.6M
2019
Price N/A
2018
Price N/A
2017
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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