4310 Indian Head Hwy Indian Head, MD 20640
- Bars
- 16,220 SF
- 2.35 lot acres
Current Use by Public Records
- Bars
Property Details for 4310 Indian Head Hwy
- Year built
- 1954
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 2.35 lot acres
- Property size
- 16,220 SF
- Zone code
- TCMX
- Property type
- Bars
- Property subtype
- Pubs
- APN
- 07-003463
- APU
- 7003463
Description
This exceptional commercial property, located at 4310 Indian Head Highway in Indian Head, Maryland, presents a unique investment opportunity. The 16,220 square foot building, constructed in 1954, sits on a 2.35-acre lot and boasts a two-story structure. Currently operating as a successful bar and restaurant, the property is zoned TCMX, offering significant potential for future development. The asking price is $1,200,000, translating to $73.98 per square foot. The property includes a fully equipped commercial-grade kitchen featuring newer appliances, which may be included in the sale. An active on/off liquor license is in place, adding considerable value. The building's versatility extends beyond its current use
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $845,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $865,000
- 6.5%
- $890,000
- 7%
- $1,010,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,065,000
- Geo Method
- $925,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $840,000
- Retail
- $775,000
- Mixed-Use
- $1,055,000
- Hospitality
- $905,000
- Educational
- $805,000
- Residential Income
- $915,000
- Energy
- $945,000
- Income-Based Land
- $885,000
- Food Service
- $905,000
Location Insight
- Map
- Local Demand
- City
- Indian Head
- County
- Charles
- State
- Maryland
- Longitude
- -77.1586
- Latitude
- 38.6011
- CBSA code
- 47900
- CBSA name
- WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA