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    OFF-MARKET
    Retail space

    900 National Hwy, Lavale, MD 21502-7305

    8,908 SF 0.3 ac lot Built 1940
    Individually Owned 6-yr Hold Free & Clear
    Property ID
    US40-1227547
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Burkey's Furniture & Carpeting Furniture & Home Goods Home Decor Store
    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
    Mary K Burkey · 6 yrs held
    Mary K Burkey
    since 2019
    3 recorded transactions
    2019
    2012
    2012
    $100,000
    Zoning & alternative use
    A · Lavale, MD
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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