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    OFF-MARKET
    Auto shops

    609 Philadelphia Blvd, Aberdeen, MD 21001-3615

    4,200 SF 1.01 ac lot Built 2007
    Individually Owned 21-yr Hold Absentee Owner Free & Clear
    Property ID
    US40-0649963
    Property summary
    AI-generated overview

    This exceptional retail property, located at 609 S Philadelphia Blvd in Aberdeen, Maryland (zip code 21001), is offered at $3,250,000. Situated on a one-acre lot (Harford County), this B3-zoned property boasts a thriving business model. Currently housing a highly profitable rent-a-car operation, a towing service, and an automotive repair shop, this investment presents a unique opportunity for significant returns. The property's prime location in Aberdeen ensures high visibility and accessibility, attracting a substantial customer base. The existing businesses demonstrate a proven track record of success, providing a solid foundation for future growth and potential expansion. This turnkey operation minimizes the need for extensive start-up costs and allows for immediate income generation. The property's zoning allows for a variety of uses, offering flexibility for future development or adaptation to changing market demands. This is an exceptional chance to acquire a well-established, profitable retail center in a desirable location with strong potential for long-term growth and return on investment. The property's current tenants contribute to a stable and consistent income stream, making it an attractive option for investors seeking a reliable and lucrative investment. Detailed financial information is available upon request. This is a rare opportunity to acquire a successful, established business with significant upside potential.

    Property profile
    Verified
    Property type Auto shops
    Use group AUTO REPAIR, GARAGE
    Year built 2007
    Total area 4,200 SF
    Lot 1.01 ac (43,995 SF)
    Zoning code M3 B3
    APN 02-000121
    UPID US40-0649963
    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
    • Thompson's Towing And Automotive Repair Center Auto Repair Shop
    • Smart Start Ignition Interlock Building Supply General Contractor
    • Budget Car Rental Car Rental Facility
    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
    Jerry N Thompson · 21 yrs held
    Jerry N Thompson
    since 2005
    4 recorded transactions
    2021
    2005
    $150,000
    1969
    1969
    Zoning & alternative use
    M3 B3 · Aberdeen, MD
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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