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    120 Smooth Valley Road

    GRANTSVILLE, MD 21536
    • $450,000
    • STATUS: Active Under Contract
    • ON SITE: 89 days
    • ID#: 1000110081
    Under Contract
    UPDATED: 68 min ago
    $450,000
    • 0
      BEDS
    • 25.31
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    1978
    County:

    School Ratings & Info

    Description

    My Mom is selling two parcels next to one another that total 25.31 acres right along I-68 just below the Fuel city on ramp headed west. The 5.86 acre has a Metal building that was once used to service large trucks. With excellent exposure to the interstate the property has been used for Heavy Truck sales, Modular Home sales and most recently was the site of Tri-State Trench and Bore Business. This property isin a Federal Opportunity Zone (see: http://www.gcedonline.com/strategic-advantages/opportunity-zones). Federal Opportunity Zone incentives are designed to encourage long-term, private investments in low-income census tracts by providing a federal tax incentive for taxpayers who reinvest unrealized capital gains into Opportunity Zones. The incentive is deferral, reduction, and potential elimination of certain federal capital gains taxes.

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    ©2021 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Bic DeCaro & Associates | eXp Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2021-04-22T14:57:05.407.
    www.bicdecaro.com/homes/113548195
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    120 Smooth Valley Road GRANTSVILLE, MD 21536

    • Price: $450,000
    • Status: Active Under Contract
    • Updated: 68 min ago
    • ID#: 1000110081
    0
    Beds
    0
    Baths
    0
    ½ Baths
    25.31
    Acres
    1978
    Built
    Neighborhood:
    None Available
    County:
    Garrett
    School District:
    Garrett County Public Schools
    Property Description
    My Mom is selling two parcels next to one another that total 25.31 acres right along I-68 just below the Fuel city on ramp headed west. The 5.86 acre has a Metal building that was once used to service large trucks. With excellent exposure to the interstate the property has been used for Heavy Truck sales, Modular Home sales and most recently was the site of Tri-State Trench and Bore Business. This property isin a Federal Opportunity Zone (see: http://www.gcedonline.com/strategic-advantages/opportunity-zones). Federal Opportunity Zone incentives are designed to encourage long-term, private investments in low-income census tracts by providing a federal tax incentive for taxpayers who reinvest unrealized capital gains into Opportunity Zones. The incentive is deferral, reduction, and potential elimination of certain federal capital gains taxes.
    Exterior Features

    Construction Materials Metal Siding Garage YN No Parking Types DrivewayParking LotPrivate Garage Riparian Rights YN No Roof Metal Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

    Interior Features

    Basement YN No Building Area Total 2838.00 Cooling Window Unit(S) Cooling YN Yes Fireplace YN No Heating Baseboard - Electric Heating YN Yes Net Square Feet 2838.00

    Property Features

    Accessibility Features >84" Garage Door Assessment Year 2017 Association YN No Business Type Auto RelatedCar Wash/Truck WashCold StorageCross Dock/Truck TerminalHotel/MotelMobile Home ParkTruck Maintenance FacilityWarehouse Central Air YN No Condo YN No Cooling Fuel Electric Gross Income 18000.00 Heating Fuel ElectricPropane - Owned Hot Water Electric Incorporated City Name None Navigable Water YN N New Construction YN No Operating Expense 1.00 Original MLSNumber 300183744747:MRIS Ownership Interest Fee Simple Possession Settlement Property Sub Type Industrial Sale Type Standard Sewer Public Sewer Tax Annual Amount 1006.99 Tax Assessment Amount 75600.00 Vacation Rental YN No Water Source Well Zoning None

    Listing courtesy of Railey Realty, Inc..


    ©2021 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Bic DeCaro & Associates | eXp Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2021-04-22T14:57:05.407.
     
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