2020 Chaneyville RdOwings, MD 20736

Property Details for 2020 Chaneyville Rd

Year built

1942

Construction

BRICK

Lot size

0.06 AC

Property size (Sq ft)

2,240 SF

Zone code

RC

Property type

Auto shops

APN

02-109298

APU

2109298

Description

This exceptional 2,240 square foot industrial property is ideally situated on a prime corner lot in Owings, Maryland, directly off Route 4 within the Tapestry North Condo subdivision. Boasting unparalleled visibility and accessibility due to its high-traffic location, this property is perfect for a variety of automotive-related businesses. Currently configured as an automotive shop, the versatile layout allows for easy customization to suit diverse needs, including repair shops, dealerships, or detailing services. The spacious building offers ample room for operations and clientele, complemented by a generous paved parking lot for convenient customer and employee parking. The property's location within the Tapestry North Condo subdivision provides proximity to shopping, dining, and residential areas, ensuring a strong customer base. The 0.06-acre lot offers excellent exposure and convenience, making this a rare opportunity to establish or expand a business in a thriving market. This turnkey property is ready for immediate occupancy and presents a significant advantage for automotive businesses seeking a high-visibility location with ample space and parking. The flexible interior layout allows for easy adaptation to specific business requirements, whether that includes showroom space, service bays, or office areas. This is a chance to secure a prominent position in a desirable Owings location.

• CAP approach

  CAP return

  Valuation

  6%

  $532,196

  6.5%

  $491,258

  7%

  $456,168

• Comparable approach

  Method

  Valuation

  Relative Method

  $329,747

  Geo Method

  $942,738

• Alternative Use

  Use

  Valuation

  Residential

  $414,394

  Hospitality

  $379,583

  Educational

  $315,809

  Medical

  $326,670

  Retail

  $491,258

Location Insight

City

Owings

County

Calvert

State

Maryland

Latitude

38.6903

Longitude

-76.6394

CBSA code

47900

CBSA name

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

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].