Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Prime Commercial Space in Aberdeen Title is generated by Realmo AI

    136 S Philadelphia Blvd #D, Aberdeen, MD 21001

    View on Map
    Claim this Listing
    For Lease
    $2,300 /Mo

    Highly visible corner unit ideal for office or retail use.

    Added:
    Sep 24, 2024
    Days on Market:
    617
    Last Refresh:
    Mar 16 at 9:09 am

    Property Features for 136 S Philadelphia Blvd #D

    General Information

    Standard status
    Active

    Building Details

    Year Built
    2007

    We can help!

    Listing Contact
    LEE R. TESSIER
    LEE R. TESSIER

    Listing agent LEE R. TESSIER License #611586

    Listing office EXP REALTY, LLC

    Listing date Sep 24, 2024

    Source Corcoran

    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 EXP REALTY, LLC

    HighLights

    • High‑visibility corner unit on Route 40 in central Aberdeen.
    • Suitable for office or retail use.
    • 1,386 sqft space with reception area and six private offices (one large conference room).
    • Includes a kitchenette with ample storage and a private bathroom.
    • On‑street and off‑street parking available.
    • Built in 2007.

    Overview

    This commercial space for lease is a highly visible corner unit located on Route 40 in Aberdeen. The 1,386 sqft space is suitable for office or retail use. The layout includes a reception area and six private offices, with one office large enough to serve as a conference room. It also features a kitchenette with ample storage and a private bathroom. On-street and off-street parking is available. The high-traffic location provides excellent visibility, making it suitable for businesses looking to grow or establish a presence in Aberdeen’s commercial hub.
    Property Profile Location Intelligence

    Current Use by Public Records

    MRDC Head Start ... High School Immanuel Weave & Braiding ... Hair Salon Wisdom Healthcare Services, ... Medical Clinic Immanuel Beauty Supply ... Hair Salon Innovative Healthcare Centers ... Physician

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Aberdeen
    County
    Harford
    State
    Maryland
    Longitude
    -76.1658
    Latitude
    39.5071

    Nearby Similar for Lease

    • $2,000/Mo
      1,420 SF

      Downtown Aberdeen Retail/Office Space

      Versatile commercial space in downtown Aberdeen, ideal for various businesses.
      38 PARKE Street, ABERDEEN, MD 21001
      View Details
    • $2,000/Mo
      1,420 SF

      Downtown Aberdeen Commercial Space Available

      Versatile commercial space in downtown Aberdeen, ideal for various businesses.
      38 PARKE St, Aberdeen, MD 21001
      View Details
    • $3,500/Mo
      2,883 SF

      Aberdeen Commercial Corner Unit

      Adaptable commercial space with high visibility in Aberdeen, Maryland.
      690 S PHILADELPHIA Blvd 100, Aberdeen, MD 21001
      View Details
    • $1,000/Mo
      700 SF

      Retail Storefront in Aberdeen

      Street-level retail space with open layout and display windows.
      10 N PARKE St 1, Aberdeen, MD 21001
      View Details
    • Contact for pricing
      103,000 SF

      Aberdeen Marketplace Retail Space

      103,000 SF shopping center with high visibility.
      1010-1026 Beards Hill Road, Aberdeen, MD 21001
      View Details
    • Contact for pricing

      Retail Space at Aberdeen XChange

      Retail space available at Aberdeen XChange in Aberdeen, MD.
      834 Old Philadelphia Road, Aberdeen, MD 21001
      View Details
    • Contact for pricing

      Class A Office Space Available

      Office space near Aberdeen Proving Ground in Harford County.
      206 - 210 Research Boulevard, Aberdeen, MD 21001
      View Details
    • Contact for pricing

      Renovated Office Space in Aberdeen

      Centrally located office space with renovated exterior and on-site parking.
      219 W Bel Air Ave, Aberdeen, MD 21001
      View Details
    • Contact for pricing
      17,000 SF

      Aberdeen Service Warehouse For Lease

      17,000 SF warehouse on 3 acres with fenced yard.
      629 S Philadelphia Boulevard, Aberdeen, MD 21001
      View Details
    • $13 SF/Yr
      7,319 SF

      Office Space Available For Rent

      Office space available for rent, offering 3,200 square feet.
      1104 S Philadelphia Blvd, Aberdeen, MD
      View Details
    • Contact for pricing
      44,936 SF

      Flex Building Fully Leased

      44,936 SF flex building, currently fully leased.
      1040 Hardees Drive, Aberdeen, MD 21001
      View Details
    • $17 SF/Yr
      1,325 SF

      Retail Space in Aberdeen, MD

      Retail space available for lease in Aberdeen, Maryland.
      33-37 W Bel Air Ave, Aberdeen, MD
      View Details

    FAQs

    What type of property is this?
    Office units - Highly visible corner unit ideal for office or retail use.
    Where is this office units located?
    The property is located at 136 S Philadelphia Blvd #D Aberdeen, MD.
    What is the lease rate?
    The lease rate is $2,300 /Mo.
    What are key features of this property?
    This property features: High‑visibility corner unit on Route 40 in central Aberdeen.; Suitable for office or retail use.; 1,386 sqft space with reception area and six private offices (one large conference room).
    (410) 638-9555
    We can help!
    Listing Contact
    LEE R. TESSIER
    LEE R. TESSIER
    Real Estate License ID: 611586
    Request Owner's contact information
    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.
    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
    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

    Thank You for Inquiry
    136 S Philadelphia Blvd #D, ABERDEEN, MD 21001
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!