21 Stemmers Run RdEssex, MD 21221

  • Commercial real estate
  • 1,124 SF
For Sale
$2,000,000 View listing

Property Details for 21 Stemmers Run Rd

Year built
1948
Lot size
0.31 AC
Property size (Sq ft)
1,124 SF
Zone code
BLAS
Property type
Commercial real estate
APN
15-1513201510
APU
151513201510

Description

Prime Essex, MD location presents a lucrative opportunity to acquire a well-established auto repair business and accompanying real estate. This six-bay facility, operating since 1946, boasts a strong history and consistent revenue, generating an annual gross of $500,000-$600,000 with only two technicians and an office manager. The property includes a 5,620 sq ft main building on a 0.31-acre lot, featuring three 7,500-lb asymmetrical Mohawk lifts, one 18,000-lb drive-on rotary lift with two 9,000-lb sliding jacks, and a new 10,000-lb asymmetrical rotary lift. The newest addition, constructed in 2008, offers a spacious 46x36 ft area with a 19 ft ceiling, accommodating larger trucks. A comprehensive security system with 16 cameras and DVR recording is included. The property also features a single-family home, currently rented for $1,200/month (with potential for $1,800-$2,000/month), offering three bedrooms, two full baths, and a full basement. Additional structures include a 12x24 ft garage and a 10x12 ft shed housing the shop's air compressor. The main building has a new roof, two 5-ton rooftop AC units, and gas heat. The sale includes the Mitchell On Demand management software and database, containing over 32,000 invoices and 6,000 customer records since 2002. This turnkey operation is priced at $2,000,000 and presents significant growth potential. The property is a Maryland State Inspection Station.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $277,409
    Hospitality
    $254,106
    Educational
    $211,413
    Medical
    $218,684
    Retail
    $328,864

Location Insight

City
Baltimore
County
Baltimore
State
Maryland
Latitude
39.3165
Longitude
-76.4512
CBSA code
12580
CBSA name
BALTIMORE-TOWSON, MD METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$3,481
$159,900
$296,300
$456,200
-
$159,900
$296,300
$456,200

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].