Property profile

900 National Hwy Lavale, MD 21502

OFF-MARKET
Retail space
Property ID
US40-1227547
8,908 SF 0.3 ac lot Built 1940
Individually Owned 6-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional commercial property, situated on a 0.6-acre corner lot at 900 & 912 National Highway in Lavale, MD, presents a unique investment opportunity. The property comprises two buildings totaling 19,580 square feet. The main building boasts 14,000 square feet of finished showroom space, thoughtfully distributed across two levels, complemented by a substantial 7,000-square-foot basement. Three loading doors provide convenient access for storage and mechanical systems, suggesting adaptability for various commercial uses. A second building, encompassing 2,500 square feet, offers a blend of finished office space and additional storage areas. Currently, the property provides over 25 parking spaces, ensuring ample accommodation for customers and employees. Its prime location in the heart of Lavale, combined with its versatile layout and significant square footage, makes it ideally suited for a diverse range of commercial or mixed-use ventures. The existing infrastructure and layout offer immediate occupancy potential, while also presenting exciting redevelopment possibilities for ambitious entrepreneurs. This property represents a rare chance to acquire a substantial commercial space in a thriving location.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1940
Construction BRICK
Total area 8,908 SF
Lot 0.3 ac (13,021 SF)
Zoning code A
APN 29-006881
UPID US40-1227547

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
  • Furniture & Home Goods Home Decor Store

Location

900 National Hwy Lavale, MD 21502-7305
Lavale metro Census 1402 CUMBERLAND, MD-WV METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$250k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$250k

Owner & transaction history

since 2019
3 recorded transactions
2019
Price N/A
2012
Price N/A
2012
$100,000

Zoning & alternative use

A · Lavale, 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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