Signalized Corner Retail
3700 Falls Rd Baltimore, MD 21211
For Sale
Contact for pricing
Vacant, well-maintained retail building with excellent visibility at a signalized corner intersection.
Property Size12,500 SF
Price / SF$239
Days on Market385
Property Features for 3700 Falls Rd
General Information
Standard status
Active
Size
12,500 SF
Property subtype
RETAIL
Listing Agency:
Greysteel
(703) 402-6292
Listed By:
Lance Ahmadian · License #636050
(703) 402-6292
Source:
Moodyscre
Added: Jul 11, 2025
Changed: Jul 28
Last Checked: Jul 29 at 2:57PM
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 Greysteel
Investment Insights
Based on property information with market context.
This well-maintained retail building is delivered 100% vacant and ready for occupancy. The property offers a storefront retail configuration and includes 21 surface parking spaces.
The building is located in the Hampden neighborhood of Baltimore, Maryland, with excellent visibility and access at the signalized northwest corner of Falls Road and W. 37th Street.
For tenants and investors seeking a retail space with straightforward access and ample nearby parking, this corner property provides a clean slate with a fully vacant delivery.
The building is located in the Hampden neighborhood of Baltimore, Maryland, with excellent visibility and access at the signalized northwest corner of Falls Road and W. 37th Street.
For tenants and investors seeking a retail space with straightforward access and ample nearby parking, this corner property provides a clean slate with a fully vacant delivery.
Key Highlights
- Well‑maintained retail building delivered 100% vacant
- Excellent visibility and access at the signalized NWC of Falls Road & W. 37th Street
- Located in the heart of Hampden, Baltimore
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $270.0k | $21.60 |
| − Vacancy | −$17.3k | −$1.38 |
| EGI | $252.7k | $20.22 |
| − OpEx | −$75.8k | −$6.07 |
| NOI | $176.9k | $14.15 |
12,500 SF · lease $21.60/SF/yr · vacancy 6.39% · expense 30.00%
Alternative Uses
Best Use
Retail
$2.53M
$2.21M – $2.95M
NOI $176,923 @ 7.0% cap · market cap 5.90%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.99M
$2.62M – $3.49M
NOI $209,626 @ 7.0% cap · market cap 6.99%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
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Frequently Asked Questions
What type of property is this?
Storefront property - Vacant, well-maintained retail building with excellent visibility at a signalized corner intersection.
Where is this storefront property located?
The property is located at 3700 Falls Rd Baltimore, MD.
What is the asking price?
The asking price for this property is $2,999,999.
What are key features of this property?
This property features: Well‑maintained retail building delivered 100% vacant; Excellent visibility and access at the signalized NWC of Falls Road & W. 37th Street; Located in the heart of Hampden, Baltimore
