10325 National HwyCumberland, MD 21502
- Grocery and convenience stores
- 7,200 SF
For Sale
$499,999
View listing
Property Details for 10325 National Hwy
- Year built
- 1976
- Construction
- STEEL FRAME
- Lot size
- 0.17 AC
- Property size (Sq ft)
- 7,200 SF
- Zone code
- C
- Property type
- Grocery and convenience stores
- APN
- 06-018289
- APU
- 6018289
Description
This expansive 7,200 square foot commercial property, located at 10325 National Highway in Cumberland, MD, presents a remarkable opportunity for a variety of businesses. Situated on a 1.09-acre lot, the building boasts ample parking, ideal for customers and employees. Previously utilized as a fresh produce and candy store, the space is currently open and ready for your vision. The interior features walk-in coolers in the rear, along with dedicated office space and restrooms. The layout is highly adaptable
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $1,939,280
- 6.5%
- $1,790,110
- 7%
- $1,662,240
-
Comparable approach
- Method
- Valuation
- Relative Method
- $1,497,150
- Geo Method
- $1,497,150
-
Alternative Use
- Use
- Valuation
- Industrial / Distribution
- $3,467,010
- Mixed-Use / Specialty
- $1,793,370
- Hospitality / Lodging
- $1,328,300
- Office
- $1,792,770
- Institutional / Educational
- $1,867,830
- Residential Income
- $2,185,360
- Multifamily
- $2,567,530
- Automotive / Energy
- $1,601,000
- Parking / Income-Based Land
- $542,955
- Restaurant / Food Service
- $953,335
- Healthcare / Senior Housing
- $1,829,180
Location Insight
- City
- Cumberland
- County
- Allegany
- State
- Maryland
- Latitude
- 39.6661
- Longitude
- -78.7815
- CBSA code
- 19060
- CBSA name
- CUMBERLAND, MD-WV 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
$2,686
$22,500
$224,600
$247,100
-
$22,500
$224,600
$247,100
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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