1807 Joppa Rd Baltimore, MD 21234-2709
This exceptional 3,000 square foot office building, situated on a 0.21-acre lot at 1807 Joppa Road in Parkville, Maryland, presents a unique investment opportunity. Currently configured as office space, the property boasts a highly desirable location with excellent traffic counts, making it ideal for a variety of businesses. The building's versatility is further enhanced by its 2016 rezoning, which now permits both retail and office uses, significantly expanding its potential applications and attracting a wider range of prospective tenants. This flexibility allows for diverse income streams and future development possibilities. The property's prime location in Parkville offers easy access to major transportation routes, ensuring convenient commutes for employees and customers alike. The substantial square footage provides ample space for a variety of business needs, whether it's a single large tenant or multiple smaller occupants. This presents a compelling opportunity for investors seeking a property with strong potential for appreciation and diverse income generation. The asking price of $475,000 reflects the property's value and potential, making it an attractive investment in a thriving Maryland market. Serious inquiries are encouraged to explore this promising commercial real estate asset. The property's zoning allows for a wide range of uses, making it an adaptable and valuable asset for the future. Its location and size make it an attractive option for both established businesses and new ventures.
-
Matthew B Hitt & Associates Accounting Firm Tax Preparation
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
RO · Baltimore, MDCosts & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.