Property profile

801 Virginia Ave Cumberland, MD 21502

FOR SALE
Specialty properties
Property ID
US40-1698187
3,200 SF 0.5 ac lot Built 1995
Individually Owned Free & Clear
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Property summary

AI-generated overview

This exceptional 3,200-square-foot retail building, situated on a 0.68-acre lot at 801 Virginia Avenue in Cumberland, MD, presents a unique investment opportunity. Constructed in 1995, this all-brick building boasts a spacious 40 x 80 foot layout, featuring a large 40 x 40 meeting hall, a substantial kitchen equipped with a commercial vent hood and fire protection system, and ample parking. The property includes 32 paved parking spaces, conveniently accessed via four curb cuts. The building is ADA accessible, adhering to 1995 building codes, with accessible entrance hallways and restrooms. The efficient heating and cooling system comprises two gas-fired forced-air units with central air conditioning, complemented by energy-efficient LED lighting. A recent roof replacement ensures long-term durability. The property's location directly across from the CSX Railroad's main Cumberland shops and yard entrance ensures high visibility and significant traffic flow. The building is in very good condition and is offered as-is, although inspection clauses are welcomed. Almost all furniture and fixtures are negotiable. Additional features include three flagpoles and a large, mature tree. This versatile property is ideally suited for a variety of uses, including but not limited to religious facilities, healthcare providers, restaurants, bars, retail businesses, daycares, automotive services, or office spaces. Priced below recent appraisal.

Property profile

Verified
Property type Specialty properties
Use group PROFESSIONAL CLUBS/ASSOCIATIONS
Year built 1995
Construction BRICK
Total area 3,200 SF
Lot 0.5 ac (21,600 SF)
Zoning code R-O
APN 04-048466
UPID US40-1698187

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

801 Virginia Ave Cumberland, MD 21502
Cumberland metro Census 800 CUMBERLAND, MD-WV METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$265k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$265k

Owner & transaction history

Zoning & alternative use

R-O · Cumberland, MD
Zoning description

R-U, R-O, G-C, and G-I districts. Through approval of a Floating Zone Application for a property within one of these districts, such uses may be allowed if in conformance with the performance standards in Section 6.14.04…

General category MIXED_USE

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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More about this property
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