8542 Fort Smallwood RdPasadena, MD 21122

Property Details for 8542 Fort Smallwood Rd

Year built

1973

Construction

BRICK

Lot size

0.28 AC

Property size (Sq ft)

1,410 SF

Zone code

C3

Property type

Retail space

APN

03-752-18866550

APU

375218866550

Description

This exceptional turn-key property, located at 8542 Fort Smallwood Road in Pasadena, Maryland, presents a unique investment opportunity. The 1,425 square foot building sits on a 0.63-acre lot and has been completely renovated from top to bottom, ensuring it's in excellent condition. Its versatile design makes it ideal for a wide range of uses, including retail sales, professional offices (such as insurance agencies, medical or dental suites), an academic or childcare center, a church or place of worship, senior living facilities, a garden center, veterinary services, auto repair, or home improvement businesses. The property's prime location offers unparalleled convenience, with easy access to major routes and destinations. It's just minutes away from Annapolis, Baltimore, the National Security Agency (NSA), and Baltimore-Washington International Thurgood Marshall Airport (BWI). This is a rare chance to acquire a fully renovated, highly adaptable commercial property in a thriving area with excellent connectivity. The asking price is $729,000. Serious inquiries are encouraged.

• CAP approach

  CAP return

  Valuation

  6%

  $446,922

  6.5%

  $412,543

  7%

  $383,076

• Comparable approach

  Method

  Valuation

  Relative Method

  $223,532

  Geo Method

  $223,532

• Alternative Use

  Use

  Valuation

  Residential

  $347,996

  Hospitality

  $318,762

  Educational

  $265,206

  Medical

  $274,327

  Retail

  $412,543

Location Insight

City

Pasadena

County

Anne Arundel

State

Maryland

Latitude

39.1542

Longitude

-76.5187

CBSA code

12580

CBSA name

BALTIMORE-TOWSON, MD METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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