22309 Old Georgetown RdSmithsburg, MD 21783

Property Details for 22309 Old Georgetown Rd

Year built

1960

Construction

BRICK

Lot size

0.28 AC

Property size (Sq ft)

1,247 SF

Zone code

BL

Property type

Retail properties

Property subtype

Gas stations

APN

07-013183

APU

7013183

Description

This exceptional retail opportunity is located at 22309 Old Georgetown Road in Washington County. The property is a single-tenant space, ideal for a variety of retail businesses seeking a high-visibility location. The space itself encompasses a total of 1 square foot, offering a unique and potentially adaptable layout. Given its size, this property is best suited for a business with minimal square footage needs, perhaps a kiosk, pop-up shop, or a specialized service provider. The property's location on Old Georgetown Road provides excellent street visibility and accessibility for customers. The surrounding area offers ample parking and is easily accessible from major roadways, ensuring convenient access for both customers and employees. This listing presents a rare chance to secure a retail space in a desirable location with high foot traffic potential. The property is currently vacant and ready for immediate occupancy, allowing for a swift and efficient start to your business operations. Further details regarding lease terms and conditions are available upon request. Don't miss this opportunity to establish your business in a prime retail location. Inquire today to learn more about this unique property and its potential.

• CAP approach

  CAP return

  Valuation

  6%

  $436,294

  6.5%

  $402,733

  7%

  $373,966

• Comparable approach

  Method

  Valuation

  Relative Method

  $628,299

  Geo Method

  $628,299

• Alternative Use

  Use

  Valuation

  Residential

  $339,720

  Hospitality

  $311,182

  Educational

  $258,900

  Medical

  $267,804

  Retail

  $402,733

Location Insight

City

Smithsburg

County

Washington

State

Maryland

Latitude

39.6434

Longitude

-77.5911

CBSA code

25180

CBSA name

HAGERSTOWN-MARTINSBURG, MD-WV METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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