Contiguous Multi-Unit Retail
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For Sale
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1330 DILLON HEIGHTS AVENUE #4, Catonsville, MD 21228
Approximately 12,200 square feet spans four connected units, with flexibility for retail or professional office use.
Property Size12,200 SF
Price / SF$0.00
Days on Market4
Property Features for 1330 DILLON HEIGHTS AVENUE #4
General Information
Standard status
Active
Size
12,200 SF
Property subtype
Commercial
Additional Details
Office Units
4
Building Details
Year Built
1960
Listing Agency:
Keller Williams Gateway LLC
(443) 318-8800
Listed By:
Jason S Lusby · License #597833
(410) 960-0858
Source:
Cummingsrealtors
Added: Oct 19
Changed: Oct 21
Last Checked: Oct 21 at 2:05AM
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 Keller Williams Gateway LLC
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 retail property comprises four connected units totaling approximately 12,200 square feet. The space can accommodate retail or professional office use, and some customization is available. The building dates to 1960.
Ample parking serves the property at 1330 Dillon Heights Avenue in Catonsville, Maryland.
Ample parking serves the property at 1330 Dillon Heights Avenue in Catonsville, Maryland.
Key Highlights
- Four contiguous units totaling approximately 12,200 SF
- Suitable for retail or professional office use
- Customization options available
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$85,534
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,710,680
$1.7M
Cap Rate 7%
$1,221,914
$1.2M
Cap Rate 9%
$950,378
$950.4K
Market Conditions
NOI Build-Up for 12,200 SF
Gross rent
$139.1K $11.40/SF
− Vacancy
−$25.0K −$2.05/SF
EGI
$114.0K $9.35/SF
− OpEx
−$28.5K −$2.34/SF
NOI
$85.5K $7.01/SF
Area
Baltimore County, MD
Vacancy
18.00%
Lease Rate
$11.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,710,680
Cap Rate 7%
$1,221,914
Cap Rate 9%
$950,378
Alternative Uses
Best Use
Retail
$2.47M
$2.16M – $2.88M
NOI $172,677 @ 7.0% cap · market cap 1,438,975.00%
Second Best
Office B
$1.22M
$1.07M – $1.43M
NOI $85,534 @ 7.0% cap · market cap 712,783.33%
Theoretical Best
Multifamily LT 5
$118.36M
$103.57M – $138.09M
NOI $8,285,480 @ 7.0% cap · market cap 69,045,666.67%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
4
Office units
Location Intelligence
Trade Area within ½ mile
739
Businesses Nearby
Explore this area
Business Placement
Demographics for 21228, MD
50,418
Population
20,357
Households
2.5
Avg Household Size
42
Median Age
50%
College-Educated
92%
High-School Grad
15.6 sq mi
ZIP Area
3,232
Density / Sq Mi
$107,714
Median Household Income
$59,038
Median Earnings
$1,631
Median Rent
$389,200
Median Home Value
Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Retail space - Approximately 12,200 square feet spans four connected units, with flexibility for retail or professional office use.
Where is this retail space located?
The property is located at 1330 DILLON HEIGHTS AVENUE #4 Catonsville, MD.
What are key features of this property?
This property features: Four contiguous units totaling approximately 12,200 SF; Suitable for retail or professional office use; Customization options available
