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    OFF-MARKET
    Office buildings

    4235 Old Taneytown Rd, Taneytown, MD 21787

    1,965 SF 4.06 ac lot Built 1948
    Entity Owned 8-yr Hold Free & Clear
    Property ID
    US40-2310601
    Property summary
    AI-generated overview

    This exceptional investment opportunity presents a vacant, 1,965-square-foot Class A office building situated on a generous 4.06-acre lot in Taneytown, Maryland. The property, located at 4235 Old Taneytown Rd, Carroll County, boasts a convenient location near local amenities and major roadways like MD-140, providing easy access to Westminster, MD, and Gettysburg, PA. Built in 1948, the two-story building features two rooms, one full bathroom, one half bathroom, and an unfinished basement, offering significant potential for renovation and customization. A three-bay detached garage adds further utility. The property is zoned General Commercial (GB), allowing for diverse commercial uses. The asking price is $325,000, and the property is offered fee simple, free and clear of all liens. The annual real estate taxes are $5,759. Parking is provided for three vehicles. This is a prime opportunity for owner-users or investors seeking a versatile commercial property in a desirable location. The property is currently vacant and ready for immediate occupancy. Pre-auction offers are being accepted, with the auction commencing November 22nd at 10:00 AM and concluding November 26th at 11:30 AM. Note that the buyer is responsible for verifying all zoning, permits, licenses, and usage information.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Year built 1948
    Construction BRICK
    Total area 1,965 SF
    Lot 4.06 ac (176,854 SF)
    Zoning code GENER
    APN 01-000454
    UPID US40-2310601
    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
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Murpheys Choice LLC · 8 yrs held
    Murpheys Choice LLC
    since 2017
    4 recorded transactions
    2017
    2017
    $555,000
    2006
    $695,000
    1969
    Zoning & alternative use
    GENER · Taneytown, MD
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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