13209 Garrett HwyOakland, MD 21550
- Retail properties
- 5,040 SF
Property Details for 13209 Garrett Hwy
- Year built
- 2000
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 6.79 AC
- Property size (Sq ft)
- 5,040 SF
- Property type
- Retail properties
- Property subtype
- Retail space
- APN
- 17-014781
- APU
- 17014781
Description
This exceptional 1-acre commercial property presents a remarkable opportunity for businesses seeking high visibility and convenient access. Located at 13209 Garrett Highway Lot #2 in Oakland, Maryland, this lot boasts significant road frontage along the busy Garrett Highway, placing your business directly in the path of substantial daily traffic. Its strategic location is further enhanced by its proximity to Tractor Supply, ensuring high foot and vehicle traffic. The property is serviced by readily available public water and sewer, as well as natural gas, simplifying infrastructure needs and reducing development costs. Zoned Town Center (TC) under Oakland's zoning ordinance, this lot offers flexibility for a variety of commercial uses, subject to the applicable regulations. While a final survey of the lot is currently pending, the approximate size is confirmed as one acre. This prime location, coupled with the readily available utilities and favorable zoning, makes this an ideal site for a wide range of commercial ventures. The property is identified as Map 72 Parcel: 13 within the Oakland municipal records. Don't miss this chance to establish your business in a thriving location with excellent visibility and accessibility. Contact us today to learn more about this exceptional opportunity.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $1,763,370
- 6.5%
- $1,627,726
- 7%
- $1,511,460
-
Comparable approach
- Method
- Valuation
- Relative Method
- $2,539,398
- Geo Method
- $2,539,398
-
Alternative Use
- Use
- Valuation
- Residential
- $1,373,048
- Hospitality
- $1,257,705
- Educational
- $1,046,396
- Medical
- $1,082,383
- Retail
- $1,627,726
Location Insight
- City
- Oakland
- County
- Garrett
- State
- Maryland
- Latitude
- 39.4278
- Longitude
- -79.3914
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
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