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4235 Old Taneytown Rd Taneytown, MD 21787

OFF-MARKET Office buildings Google Maps
1,965 SF 4.06 ac lot Built 1948
Entity Owned 9-yr Hold Free & Clear
Estimated value (blended)
$280k
Range $252k – $308k (±10%)
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

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$280k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$280k

Owner & transaction history

since 2017
4 recorded transactions
2017
Price N/A
2017
$555,000
2006
$695,000
1969
Price N/A

Zoning & alternative use

GENER · Taneytown, MD

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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