Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    105 E Joppa Rd Towson, MD

    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Retail space available in a mixed-use development in Towson.

    Property size:
    6,000 SF
    Lot size:
    32.96 Acres

    Property Features for 105 E Joppa Rd

    General Information

    Size
    6,000 SF
    Lot size
    32.96 Acres

    We can help!

    Listing Contact
    Greg Goldberg
    Greg Goldberg
    Source: Moodyscre

    Listing Agency: Kite Realty Group - Corporate Listing Agent: Greg Goldberg

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Retail Space in Circle East

    This retail space is located within Circle East, a transformative multi-phase mixed-use development in the heart of downtown Towson, Maryland. The project includes a mix of popular sit-down restaurants, fast-casual eateries, boutiques, and entertainment venues. Circle East also features Avalon Towson, a 371-unit luxury apartment development. Anchors for Circle East include Urban Outfitters, Ethan Allen, and Shake Shack. The property offers 6,000 square feet of retail space.
    Location Intelligence

    Current Use by Public Records

    Shopping centers

    Suggested Use

    Restaurant Real Estate Agency Spa & Massage Center Law Firm Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Capitol Luggage, Sunglass Hut, Sunglass Hut, Sunglass Hut at Macy's, Goucher Commons

    Location Insight

    • Map
    • Local Demand
    City
    Towson
    County
    Baltimore
    State
    Maryland
    Longitude
    -76.6354952
    Latitude
    39.407567

    Nearby Similar for Lease

    • $4,500 /Mo

      Towson Office Suite For Lease

      Office suite in Towson featuring 11 individual offices.
      530 Joppa Rd E, Towson, MD 21286
      View Details
    • Contact for pricing

      West Road Corporate Center

      Workspaces, services and support to help you work better in John Wayne Airport
      100 West Rd, Towson, MD 21204
      View Details
    • Sponsored
      Contact for pricing

      Towson City Center

      Meet, work or collaborate in our professional Columbia Center business center
      1 Olympic Pl, Towson, MD 21204
      View Details
    • Contact for pricing
      3,211 SF

      Downtown Towson Mixed-Use Development

      Retail space available in transformative mixed-use development in Towson, MD.
      515 Virginia Ave, Towson, MD
      View Details
    • Contact for pricing
      2,800 SF

      Towson Office Space Available

      70,104 SF rentable building area in Towson, MD.
      600 Washington Ave, Towson, MD
      View Details
    • Contact for pricing
      2,292 SF

      Towson Retail Space Available

      14,565 SF retail space in the heart of Towson.
      424 York Rd, Towson, MD
      View Details
    • Contact for pricing
      7,151 SF

      Mixed-Use Development in Downtown Towson

      Multi-phase development with retail, restaurants, and luxury apartments.
      125 E Joppa Rd, Towson, MD
      View Details
    • Contact for pricing
      18,085 SF

      Towson Office Space with Balcony

      Office space featuring a private balcony and modern finishes.
      210 W Pennsylvania Ave, Towson, MD
      View Details
    • Contact for pricing
      3,849 SF

      Towson Retail Space For Rent

      Retail space available in a mixed-use development in Towson.
      2 E Joppa Rd, Towson, MD
      View Details
    • Contact for pricing
      2,944 SF

      Towson Office Space For Rent

      Full floor office space in landmark Towson building.
      300 E Joppa Rd, Towson, MD
      View Details
    • Contact for pricing
      11,500 SF

      Towson Retail Space For Rent

      Retail space in the heart of Towson retail trade area.
      1019 Radcliffe Rd, Towson, MD 21204
      View Details
    • Contact for pricing
      15,000 SF

      Retail Space Near Aldi Market

      Retail space anchored by ALDI, AutoZone, Dollar Tree, Biolife, IHOP.
      6810 Loch Raven Blvd, Towson, MD
      View Details

    FAQs

    What type of property is this?
    Shopping center - Retail space available in a mixed-use development in Towson.
    Where is this shopping center located?
    The property is located at 105 E Joppa Rd Towson, MD.
    What are key features of this property?
    This property features: - Located in the heart of downtown Towson, MD.; - Mixed-use development featuring restaurants, boutiques, and entertainment venues.; - Includes the 371-unit luxury apartment development, Avalon Towson.
    (317) 577-5600 Call to check price and availability
    Request Owner's contact information
    105 E Joppa Rd Towson, MD
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    105 E Joppa Rd
    Towson, MD
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    105 E Joppa Rd Towson, MD
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Greg Goldberg
    Greg Goldberg
    (317) 577-5600 (410) 246-5599
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!