4541 Indian Head HwyIndian Head, MD 20640

Property Details for 4541 Indian Head Hwy

Year built

1960

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

2.74 AC

Property size (Sq ft)

5,805 SF

Zone code

GC

Property type

Retail space

APN

07-013299

APU

7013299

Description

This exceptional investment property, located at 4541 Indian Head Highway in Indian Head, Maryland, presents a unique opportunity for owner-users or investors. The 2.7-acre parcel boasts a 5,805 square foot retail building with two units currently occupied at 100% occupancy. One unit is a liquor store featuring a convenient drive-thru, while the other is a restaurant. Adding significant value is a five-bay car wash, including three self-serve bays, one touch-free bay, and one soft-touch bay. The property also features two new pay stations for the soft-touch and touch-free bays, presenting potential for membership-based car wash services. Built in 1960, the property is zoned TMX and offers excellent income-producing potential. Its prime location off Highway 210 and close proximity to the Indian Head Naval Base ensures high visibility and strong customer traffic. This Class C property is a rare find, combining retail and car wash operations on a substantial lot, making it an ideal investment for a savvy buyer. The property's current configuration and zoning provide flexibility for future expansion or adaptation to changing market demands. The asking price is $2,500,000.

• CAP approach

  CAP return

  Valuation

  6%

  $2,205,275

  6.5%

  $2,035,639

  7%

  $1,890,236

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,443,122

  Geo Method

  $2,443,122

• Alternative Use

  Use

  Valuation

  Residential

  $1,717,138

  Hospitality

  $1,572,889

  Educational

  $1,308,625

  Medical

  $1,353,630

  Retail

  $2,035,639

Location Insight

City

Indian Head

County

Charles

State

Maryland

Latitude

38.6003

Longitude

-77.1507

CBSA code

47900

CBSA name

WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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