Retail Space with Service
New
For Sale
Contact for pricing
1321 BALTIMORE PIKE, Bel Air, MD 21014
A compact client-facing suite includes dedicated office, waiting, utility, restroom, and storage areas.
Property Size900 SF
Price / SF$1.67
Days on Market5
Property Features for 1321 BALTIMORE PIKE
General Information
Standard status
Active
Size
900 SF
Property subtype
Commercial
Building Details
Year Built
1969
Listing Agency:
Monument Sotheby's International Realty
(443) 708-7074
Listed By:
Erin Kelly · License #651492
(443) 552-9815
Source:
Cummingsrealtors
Added: Oct 27
Changed: Oct 31
Last Checked: Oct 31 at 3:30AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Monument Sotheby's International Realty
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 900-square-foot retail space is arranged for a customer-oriented business, with a waiting area, office, utility room, bathroom, and storage. Its current configuration serves a tattoo business, and the suite was built in 1969.
The property is at 1321 Baltimore Pike in Bel Air, Maryland. Its multiple rooms provide distinct areas for visitor reception, work, and support functions.
The property is at 1321 Baltimore Pike in Bel Air, Maryland. Its multiple rooms provide distinct areas for visitor reception, work, and support functions.
Key Highlights
- 900 square feet of commercial space
- Waiting area, office, utility room, bathroom, and storage
- Currently configured for a tattoo business
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$12,738
Suggested Prices Based on Cap Rates
Cap Rate 5%
$254,760
$254.8K
Cap Rate 7%
$181,971
$182.0K
Cap Rate 9%
$141,533
$141.5K
Market Conditions
NOI Build-Up for 900 SF
Gross rent
$19.4K $21.60/SF
− Vacancy
−$1.2K −$1.38/SF
EGI
$18.2K $20.22/SF
− OpEx
−$5.5K −$6.07/SF
NOI
$12.7K $14.15/SF
Area
Harford County, MD
Vacancy
6.39%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$254,760
Cap Rate 7%
$181,971
Cap Rate 9%
$141,533
Alternative Uses
Best Use
Retail
$182.0K
$159.2K – $212.3K
NOI $12,738 @ 7.0% cap · market cap 849.20%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$316.7K
$277.1K – $369.5K
NOI $22,167 @ 7.0% cap · market cap 1,477.80%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
275
Businesses Nearby
65k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 99%
Home Improvements & Furnishings 1%
Wawa
Shops & Services
39,887 visits/mo
0.3 miles
Jones Toyota
Shops & Services
7,462 visits/mo
0.2 miles
Jones Chrysler Dodge Jeep Ram
Shops & Services
6,426 visits/mo
0.2 miles
Enterprise Rent-A-Car
Shops & Services
3,092 visits/mo
0.3 miles
Marathon
Shops & Services
2,985 visits/mo
0.2 miles
Demographics for 21014, MD
38,395
Population
14,975
Households
2.6
Avg Household Size
41
Median Age
45%
College-Educated
94%
High-School Grad
13.9 sq mi
ZIP Area
2,762
Density / Sq Mi
$113,825
Median Household Income
$59,656
Median Earnings
$1,571
Median Rent
$407,800
Median Home Value
Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Retail space - A compact client-facing suite includes dedicated office, waiting, utility, restroom, and storage areas.
Where is this retail space located?
The property is located at 1321 BALTIMORE PIKE Bel Air, MD.
What are key features of this property?
This property features: 900 square feet of commercial space; Waiting area, office, utility room, bathroom, and storage; Currently configured for a tattoo business
