Property profile

7415 Springfield Ave Sykesville, MD 21784

FOR SALE
Auto shops
Property ID
US40-2273414
2,661 SF 0.47 ac lot Built 1961
Entity Owned 19-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

The property is a commercial building on a corner lot in Sykesville, Maryland, built in 1961 and situated on approximately 0.46 acres. It is constructed with block materials and features concrete flooring. Off-street parking is provided by a lighted, paved parking lot. The site is zoned for commercial use and includes an established business. The corner-lot configuration supports visibility and provides opportunities for signage.

Property profile

Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1961
Construction BRICK
Total area 2,661 SF
Lot 0.47 ac (20,338 SF)
Zoning code LOCAL
APN 05-046351
UPID US40-2273414

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
  • Auto Repair Shop

Location

7415 Springfield Ave Sykesville, MD 21784
Sykesville metro Census 505208 BALTIMORE-TOWSON, MD METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$210k

Owner & transaction history

since 2007
4 recorded transactions
2007
$520,000
2000
$120,000
1969
Price N/A
1969
Price N/A

Zoning & alternative use

LOCAL · Sykesville, 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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