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    515 Virginia Ave Towson, MD

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    For Lease
    Contact for pricing

    Retail space available in transformative mixed-use development in Towson, MD.

    Property size:
    3,211 SF
    Lot size:
    32.96 Acres

    Property Features for 515 Virginia Ave

    General Information

    Size
    3,211 SF
    Lot size
    32.96 Acres

    Source: Kite Realty Group - Corporate Agent Greg Goldberg

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

    Overview

    Downtown Towson Mixed-Use Development

    This retail space is located within a transformative multi-phase mixed-use development in the heart of downtown Towson, Maryland. The development features popular sit-down restaurants, fast-casual eateries, boutiques, and entertainment venues. Circle East also includes the 371-unit luxury apartment development, Avalon Towson. The location is anchored by Urban Outfitters, Ethan Allen, and Shake Shack. The property offers 3,211 square feet of retail space. An underground parking garage provides convenient access with 6 pedestrian entrances/exits to the street.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Restaurant Realty agency Spa & Massage Law Firm Dental Office Hair Salon Nail Salon Food Market Clothing Store Grocery Store

    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

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    FAQs

    What type of property is this?
    Shopping center - Retail space available in transformative mixed-use development in Towson, MD.
    Where is this shopping center located?
    The property is located at 515 Virginia Ave Towson, MD.
    What are key features of this property?
    This property features: - Prime location in the heart of downtown Towson, MD.; - Part of a transformative, multi-phase mixed-use development.; - Features a 371-unit luxury apartment development (Avalon Towson).
    (317) 577-5600
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    Realmo Value Estimation

    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.

    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.

    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
    515 Virginia Ave Towson, MD
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