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    FOR SALE
    Day care centers

    5529 Adamstown Rd, Adamstown, MD 21710

    2,250 SF 0.92 ac lot Built 1950
    Individually Owned 20-yr Hold ~ Est. High Equity
    Property ID
    US40-0056157
    Property summary
    AI-generated overview

    This exceptional Adamstown, MD property presents a unique investment opportunity. Situated on a nearly one-acre lot in a desirable area near Carroll Manor Elementary School and Green Hill Manor, this extensively renovated building offers over 3,252 square feet of adaptable space. The main floor boasts four generously sized rooms, a welcoming reception area, and three convenient half-baths, ideal for a multitude of uses. The upper level, currently configured as office space and storage, provides additional flexibility. A lower level adds two more large rooms and a full bathroom, expanding the property's functional area significantly. Ample parking is available on-site, ensuring convenient access for clients and employees. Accessibility features include ramps, enhancing usability. Furthermore, a backup generator provides peace of mind during power outages. The property also benefits from a secure, fenced-in area, adding to its overall security and appeal. This property is priced at $1,050,000 and offers a compelling blend of space, location, and practical features. Its versatility makes it suitable for a wide range of commercial ventures. The combination of prime location, substantial square footage, and added amenities makes this an attractive proposition for discerning buyers.

    Property profile
    Verified
    Property type Day care centers
    Use group DAY CARE, PRE-SCHOOL
    Year built 1950
    Construction WOOD
    Total area 2,250 SF
    Lot 0.92 ac (40,075 SF)
    APN 01-015591
    UPID US40-0056157
    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
    • Creating Memories Children's Learning Center Daycare Center
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Michael W Vesper · 20 yrs held
    Michael W Vesper
    since 2006
    2 recorded transactions
    2006
    $335,900
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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