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

    1800 Earhart Rd Essex, MD

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Retail space available in a busy shopping center.

    Type:LAND
    Lot size:
    0.80 Acres
    Added:
    May 31, 2023
    Days on Market:
    1058
    Last Refresh:
    Apr 5 at 11:26 pm

    Property Features for 1800 Earhart Rd

    General Information

    Standard status
    Active
    Lot size
    0.80 Acres
    Property subtype
    LAND

    Spaces For Lease

    at 1800 Earhart Rd Contact us

    We can help!

    Listing Contact
    Chris Walsh

    Listing agent Chris Walsh

    Listing office MacKenzie Commercial Real Estate - Corporate

    Listing date May 31, 2023

    Source Moodyscre

    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 MacKenzie Commercial Real Estate - Corporate

    Overview

    Retail Space in Waterview Center

    Waterview Town Center is a shopping center with over 97,000 square feet, anchored by a high-volume Weis Markets. It is located at the signalized intersection of Eastern Boulevard (Rt. 150) and Orville Road in Essex, Maryland, Baltimore County. The center has easy access to I-695 and I-95. The highly visible and highly trafficked center features a diverse tenant mix, including Weis, Denny's, Marco's Pizza, ATI Physical Therapy, Great Clips, SunTrust, and TD Bank. It serves the densely populated neighborhoods of Essex, Middle River, and Rosedale.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Shopping centers

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Skin Care Clinic

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

    Similar Places Nearby

    • Middlesex Shopping Center — by mva, 1322 eastern blvd, essex, md 21221
    • Little Shoppes Plaza — Eastern Blvd, Essex, MD 21221
    • Coin Cloud Bitcoin ATM — 1010 Old Eastern Ave, Essex, MD 21221
    • Middlesex — 1308 Eastern Blvd #2-A, Essex, MD 21221
    • Coin Cloud Bitcoin ATM — 1200 Eastern Blvd, Baltimore, MD 21221

    Location Insight

    • Map
    • Local Demand
    City
    Essex
    County
    Baltimore
    State
    Maryland
    Longitude
    -76.45
    Latitude
    39.3242

    Nearby Similar for Lease

    • Contact for pricing

      Office Space in Essex, MD

      Office suites available for lease in high-traffic Essex location.
      405 STEMMERS RUN RD, ESSEX, MD 21221
      View Details
    • Contact for pricing

      Renovated Office Building in Essex

      Newly renovated office building with suites suitable for various businesses.
      405 STEMMERS RUN Road, ESSEX, MD 21221
      View Details
    • Contact for pricing

      Office Building with Multiple Suites

      Office building with multiple suites available for rent.
      405 Stemmers Run Rd, ESSEX, MD, 21221-3314
      View Details
    • Contact for pricing

      Retail Space in Waterview Center

      Retail spaces available in a busy shopping center.
      101-165 Orville Road, Essex, MD 21221
      View Details
    • Contact for pricing

      Office Building with Multiple Suites

      Office building featuring multiple suites suitable for small businesses.
      405 Stemmers Run Rd, ESSEX, MD 21221
      View Details
    • Contact for pricing

      Industrial Building with Yard Space

      11,000 SF industrial building with up to one acre yard.
      800 Race Road, Essex, MD 21221
      View Details
    • Contact for pricing

      Retail Space in Neighborhood Center

      Retail space in a neighborhood center with high traffic.
      25 Eastern Blvd, Essex, MD
      View Details
    • Contact for pricing

      Flex Space with Roll-Up Door

      Flex space available for sublease with existing office and restroom.
      2015 Turkey Point Rd, Essex, MD
      View Details
    • Contact for pricing

      Freestanding Medical/Office Building Available

      5,750 SF medical/office building for lease with dedicated parking.
      1245 Eastern Blvd, Essex, MD
      View Details
    • Contact for pricing

      Essex Industrial Warehouse Space

      274,821 square foot warehouse space available for lease.
      8411 Kelso Drive, Essex, MD, 21221
      View Details
    • Contact for pricing

      Essex Warehouse Space Available

      18,000 sq ft warehouse space for lease.
      8515 Kelso Drive, Essex, MD, 21221
      View Details
    • Contact for pricing

      Retail Space at Eastern Boulevard

      Retail space available at a prominent corner location.
      1600 Eastern Blvd, Essex, MD 21221
      View Details

    FAQs

    What type of property is this?
    Shopping center - Retail space available in a busy shopping center.
    Where is this shopping center located?
    The property is located at 1800 Earhart Rd Essex, MD.
    What are key features of this property?
    This property features: Anchored by a high‑volume Weis Markets.; Located at the signalized intersection of Eastern Boulevard (Rt. 150) and Orville Road.; Easy access to I‑695 and I‑95.
    (410) 821-8585 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Chris Walsh
    Learn More
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!