37720 Manor RdChaptico, MD 20621

Property Details for 37720 Manor Rd

Year built

1976

Construction

STEEL FRAME

Lot size

29.52 AC

Property size (Sq ft)

2,100 SF

Zone code

RPD

Property type

Auto shops

APN

04-003527

APU

4003527

Description

This exceptional 14,600-square-foot warehouse, situated on a sprawling 29.52-acre lot in Chaptico, Maryland, presents a significant investment opportunity. Built in 1976 and renovated in 2010, the property boasts 16 loading docks and ample parking for 80 vehicles. The warehouse is zoned RPD and offers significant potential for various industrial uses. The property's substantial size and extensive parking make it ideal for businesses requiring significant storage and operational space. The location in St. Mary's County provides convenient access to major transportation routes. The asking price is $1,395,000, translating to $95.55 per square foot. The property's features include a large lot size, multiple loading docks, and extensive parking, making it a highly desirable asset for a variety of industrial operations. The property's history includes previous use as a mechanic and towing business, with the potential for continued operation in that capacity or adaptation to other industrial uses. The property's substantial size and features make it a compelling investment opportunity in a desirable location. The APN is 1904003527, and the property is located at 37720 Manor Road, Chaptico, MD 20621.

• CAP approach

  CAP return

  Valuation

  6%

  $625,385

  6.5%

  $577,279

  7%

  $536,044

• Comparable approach

  Method

  Valuation

  Relative Method

  $364,750

  Geo Method

  $364,750

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $1,130,680

  Mixed-Use / Specialty

  $573,230

  Hospitality / Lodging

  $417,969

  Office

  $567,751

  Institutional / Educational

  $595,217

  Residential Income

  $696,404

  Multifamily

  $846,264

  Automotive / Energy

  $510,186

  Parking / Income-Based Land

  $178,026

  Restaurant / Food Service

  $293,893

  Healthcare / Senior Housing

  $589,878

Location Insight

City

Chaptico

County

St. Mary's

State

Maryland

Latitude

38.3394

Longitude

-76.7707

CBSA code

15680

CBSA name

CALIFORNIA-LEXINGTON PARK, MD METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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