1300 Washington RdWestminster, MD 21157

  • Retail properties
  • 3,002 SF
For Lease
$12/SF/YR View listing

Property Details for 1300 Washington Rd

Year built
1979
Construction
BRICK
Lot size
1.31 AC
Property size (Sq ft)
3,002 SF
Zone code
R-100
Property type
Retail properties
Property subtype
Auto shops
APN
07-047665
APU
7047665

Description

This 7,761-square-foot retail property at 1300 Washington Rd, Westminster, MD 21157, is available for lease. Located on a heavily traveled road with over 21,000 vehicles passing daily, this versatile space offers significant visibility and accessibility. The single-story, 1979-built building underwent renovations in 2024 and sits on a 1.3-acre lot (APN 07-047665) in Carroll County. The property features four suites, with a minimum divisible space of 640 square feet and a maximum contiguous space of 7,761 square feet, allowing for flexibility in tenant needs. Ceiling heights range from 8'6" to 9', and the building includes 26 parking spaces. The property includes 12' wide x 9' tall and 9' x 7' shop garage doors. Utilities include public water and sewer. The zoning is R10. Previous uses include equipment sales and a landscape/contractor yard, making it suitable for various businesses, including medical, retail, and assisted living facilities. The property boasts 200 amps of power. This prime location near Kate Wagner Road presents a unique opportunity for businesses seeking high visibility and ample space.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $670,446
    6.5%
    $618,873
    7%
    $574,668
  • Comparable approach

    Method
    Valuation
    Relative Method
    $475,917
    Geo Method
    $475,917
  • Alternative Use

    Use
    Valuation
    Residential
    $522,043
    Hospitality
    $478,188
    Educational
    $397,847
    Medical
    $411,530
    Retail
    $618,873
1300 Washington Rd, Westminster, Maryland

Location Insight

City
Westminster
County
Carroll
State
Maryland
Latitude
39.5392
Longitude
-76.995
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
$6,137
$256,000
$287,100
$543,100
-
$256,000
$287,100
$543,100

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