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    FOR SALE
    Office buildings

    448 E Baltimore St, Taneytown, MD 21787

    1,808 SF 0.23 ac lot Built 1924
    Entity Owned 4-yr Hold Free & Clear
    Property ID
    US40-1444592
    Property summary
    AI-generated overview

    This exceptional commercial property presents a unique opportunity for businesses seeking a high-traffic location in Taneytown, Maryland. The 0.32-acre parcel is situated on heavily trafficked Route 140, ensuring excellent visibility and accessibility for customers. Currently unimproved, this land offers a blank canvas for development, allowing businesses to tailor the space to their specific needs. The property is zoned General Business District, providing flexibility for a variety of commercial uses. The tax ID is 0701016822. This is a lease opportunity with a minimum lease term of three years. The property's prime location and zoning make it an attractive investment for businesses looking to establish a strong presence in a thriving community. Its high visibility on Route 140 guarantees significant exposure to a large volume of daily traffic. The unimproved nature of the land allows for complete customization, enabling businesses to create a space perfectly suited to their operations. Serious inquiries are encouraged to explore the potential of this exceptional commercial land lease. The property's strategic location and zoning regulations offer a compelling proposition for long-term growth and success. This is an excellent opportunity to secure a prominent location in a dynamic commercial area.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Year built 1924
    Construction BRICK
    Total area 1,808 SF
    Lot 0.23 ac (10,001 SF)
    Zoning code RESTI
    APN 01-037714
    UPID US40-1444592
    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
    • Belisimo's Restaurant
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Piga B LLC · 4 yrs held
    Piga B LLC
    since 2022
    Last sale
    $150,000
    1 recorded transaction
    2022
    $150,000
    Zoning & alternative use
    RESTI · Taneytown, MD
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    More about this property
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