959 National Hwy, Lavale, MD 21502-7389
This exceptional mixed-use property, located at 959 National Hwy in La Vale, Maryland, presents a compelling investment opportunity. The property, built in 1977, encompasses a substantial 5,939 square feet across two buildings situated on a 0.6-acre lot. The asking price is $720,000, translating to $121.23 per square foot. The property boasts 17 paved parking spaces and is zoned A, offering significant flexibility for various commercial uses. Its prime location on National Highway ensures high visibility and traffic, surrounded by thriving businesses including banking, retail, medical, and service establishments. The building features two units, each with a unique layout. Each unit includes an office, a back room with exterior access, two bathrooms, a kitchenette, a utility room, and storage space. Large open spaces with removable partitions allow for adaptable configurations to suit diverse business needs. One unit is currently leased for $1,900 per month, while the second unit is vacant, presenting immediate income potential and the opportunity to increase rental revenue. The property's accessibility features include handicap accessibility and prominent signage on National Highway. The Allegany County location, with APN 0129018979 and zip code 21502, offers easy access to major transportation routes and a strong local market. This property is ideal for investors seeking a high-return, multi-use asset in a vibrant commercial area.
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CosmoProf (Bike/Boat/Book/etc) Store Cosmetic Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
A · Lavale, MDLavale. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.