13209 Garrett HwyOakland, MD 21550

  • Retail properties
  • 5,040 SF
For Sale
$225,000 View listing

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
13209 Garrett Hwy, Oakland, Maryland

Location Insight

City
Oakland
County
Garrett
State
Maryland
Latitude
39.4278
Longitude
-79.3914

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
$3,697
-
-
$225,433
-
$163,200
$77,500
$240,700

FAQs

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