11400 Vale Summit RdFrostburg, MD 21532
- Retail properties
- 15,420 SF
Property Details for 11400 Vale Summit Rd
- Year built
- 1979
- Construction
- BRICK
- Lot size
- 1.95 AC
- Property size (Sq ft)
- 15,420 SF
- Property type
- Retail properties
- Property subtype
- Auto shops
- APN
- 24-005569
- APU
- 24005569
Description
This exceptional 15,420 square foot industrial property presents a significant opportunity for businesses seeking a substantial footprint in Frostburg, Maryland. Situated on a generous 1.95-acre lot at 11400 Vale Summit Road SW, this versatile building offers ample space for a wide range of industrial, manufacturing, or warehousing operations. The property's substantial size allows for significant expansion or customization to meet specific business needs. Its location in Frostburg provides convenient access to regional transportation networks, facilitating efficient logistics and distribution. The asking price is $1,200,000, representing a compelling investment in a robust and adaptable industrial space. The property's large lot size also offers potential for future development or expansion, providing significant long-term value. This is a rare opportunity to acquire a significant industrial property in a desirable location. The building's size and layout offer flexibility for various uses, making it an attractive option for a variety of businesses. Serious inquiries are encouraged to explore the potential of this exceptional property. The property is ready for immediate occupancy, allowing for a quick start to operations. This is a turnkey opportunity for a business seeking a substantial and well-located industrial space. The property's location in Frostburg offers a blend of accessibility and a strong local workforce.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $5,395,074
- 6.5%
- $4,980,068
- 7%
- $4,624,348
-
Comparable approach
- Method
- Valuation
- Relative Method
- $7,769,348
- Geo Method
- $7,769,348
-
Alternative Use
- Use
- Valuation
- Residential
- $4,200,874
- Hospitality
- $3,847,978
- Educational
- $3,201,472
- Medical
- $3,311,576
- Retail
- $4,980,068
Location Insight
- City
- Frostburg
- County
- Allegany
- State
- Maryland
- Latitude
- 39.6389
- Longitude
- -78.891
- CBSA code
- 19060
- CBSA name
- CUMBERLAND, MD-WV METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
FAQs
- How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
- Please email our support team at [email protected] and they will add the team member.
- How do I access a private listing?
- Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
- How can I contact the broker?
- We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
- How do I unsubscribe from emails?
- At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].