833 Oregon AveLinthicum Heights, MD 21090

For Sale
$582,500 View listing
  • Investment properties
  • 1,060 SF

Property Details for 833 Oregon Ave

Year built
1961
Lot size
0.25 AC
Property size (Sq ft)
1,060 SF
Zone code
W2
Property type
Investment properties
Property subtype
Live-work space
APN
05-000-12858800
APU
500012858800

Description

This exceptional 1,500-square-foot flex space property in Linthicum Heights, Maryland, presents a unique investment opportunity. Located at 833 Oregon Ave, this industrial property sits on a sizable 10,750-square-foot lot and offers a blend of indoor and outdoor functionality. The building features a convenient layout including two offices, a conference room, and two bathrooms, complemented by an open area and a kitchen. Three shipping containers are included, providing ample additional storage capacity. The property is zoned W2 and benefits from public water and septic. Its strategic location off of Route 695 ensures easy access to major roadways, including routes 895 and 95, maximizing visibility and accessibility for businesses. Ideal for contractors, construction firms, or any business requiring both indoor office space and substantial outdoor storage, this property offers a complete and versatile solution for operational needs. The asking price is $582,500, translating to $388.33 per square foot. This represents a compelling opportunity to acquire a well-situated and functional industrial property in a thriving Maryland location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $228,560
    6.5%
    $210,979
    7%
    $195,909
  • Comparable approach

    Method
    Valuation
    Relative Method
    $66,685
    Geo Method
    $66,685
  • Alternative Use

    Use
    Valuation
    Residential
    $261,614
    Hospitality
    $239,637
    Educational
    $199,375
    Medical
    $206,232
    Retail
    $310,139
833 Oregon Ave, Linthicum Heights, Maryland

Location Insight

City
Linthicum
County
Anne Arundel
State
Maryland
Latitude
39.2268
Longitude
-76.662
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
$2,413
-
-
$221,000
-
$185,100
$110,100
$295,200

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