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448 E Baltimore St Taneytown, MD 21787

Office buildings Google Maps
1,808 SF 0.23 ac lot Built 1924
Entity Owned 4-yr Hold Free & Clear
Estimated value (blended)
$115k
Range $104k – $127k (±10%)
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

Current use

Occupant on record · Public records
  • Restaurant

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$130k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$115k

Owner & transaction history

since 2022
Last sale
$150,000
1 recorded transaction
2022
$150,000

Zoning & alternative use

RESTI · 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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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