9827 Hansonville RdFrederick, MD 21702

Property Details for 9827 Hansonville Rd

Year built

1990

Lot size

1.50 AC

Property size (Sq ft)

1,968 SF

Zone code

GC

Property type

Auto shops

APN

20-405996

APU

20405996

Description

This 1,968 sq ft Frederick, MD shop offers incredible versatility. Currently configured for auto repair with three bays, two featuring vehicle lifts (one 10,000lb Challenger, the other 9,000lb Rotary) and new hose reels. The third bay is adaptable for detailing, tinting, or other uses. All workshop equipment and one computer are included in the sale. The property boasts extensive recent renovations (2020-2021), including a new roof (plywood and most joists), electrical system (with two panels for future expansion), interior and exterior lighting, plumbing (well pump, piping, pressure tank, water heater, fixtures), three new AC/heat wall units, a new AC window unit in the third bay, and an additional 220-volt garage heater. New storefront windows and doors, garage doors, railing, septic system, electric lines, transformer, and internet wiring have also been installed. A new paved parking lot was completed in 2022. A 40 x 8 sea container is included. The property sits on over an acre of land, providing ample parking and previously used for truck/auto, hauling, and storage rentals. The owner has secured approval for a new 60 x 40 building. Video surveillance is in place. Priced at $875,000.

• CAP approach

  CAP return

  Valuation

  6%

  $530,071

  6.5%

  $489,296

  7%

  $454,346

• Comparable approach

  Method

  Valuation

  Relative Method

  $409,221

  Geo Method

  $409,221

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $947,650

  Mixed-Use / Specialty

  $490,189

  Hospitality / Lodging

  $363,069

  Office

  $490,023

  Institutional / Educational

  $510,541

  Residential Income

  $597,333

  Multifamily

  $701,791

  Automotive / Energy

  $437,607

  Parking / Income-Based Land

  $148,408

  Restaurant / Food Service

  $260,578

  Healthcare / Senior Housing

  $499,975

Location Insight

City

Frederick

County

Frederick

State

Maryland

Latitude

39.5061

Longitude

-77.404

CBSA code

47900

CBSA name

WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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