9825 Old Solomons Island RdOwings, MD 20736
- Specialty properties
- 3,643 SF
Property Details for 9825 Old Solomons Island Rd
- Year built
- 1978
- Construction
- BRICK
- Lot size
- 0.58 AC
- Property size (Sq ft)
- 3,643 SF
- Zone code
- TC
- Property type
- Specialty properties
- Property subtype
- Other specialty properties
- APN
- 03-006905
- APU
- 3006905
Description
This exceptional mixed-use property, located at 9825 Old Solomons Island Road in Owings, MD, presents a compelling investment opportunity. The 0.58-acre site boasts three separate buildings, generating consistent income through long-term leases on two of the structures. The total square footage across all buildings is 9,156 square feet, offering significant potential for growth and expansion. The property's strategic location between MD-260 and MD-2 ensures high visibility and convenient access for both tenants and customers. This is an ideal investment for those seeking a stable income stream with significant upside potential. The asking price is $630,000, representing a strong return on investment given the existing leases and the property's prime location in the thriving Owings market. Detailed financial information and lease agreements are available upon request. This is a rare opportunity to acquire a well-established, income-producing property in a desirable location. Don't miss out on this chance to secure a valuable asset in the heart of Owings. Serious inquiries only.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $673,946
- Hospitality
- $617,331
- Educational
- $513,612
- Medical
- $531,276
- Retail
- $798,952
Location Insight
- City
- Owings
- County
- Calvert
- State
- Maryland
- Latitude
- 38.7166
- Longitude
- -76.6033
- CBSA code
- 47900
- CBSA name
- WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
FAQs
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