1300 Washington RdWestminster, MD 21157
- Retail properties
- 3,002 SF
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
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
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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