4030 W Garrison Avenue, Baltimore, MD 21215

Building Details

Buildings 3 More

Construction masonry More

Listing Agency: Trout Daniel & Associates

Listed By: Coleman Tirone · License MD #676039 Show Phone

Source: Crexi

Added: Nov 5 Changed: Nov 8 Last Checked: Nov 8 at 4:12PM

Report an Issue

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 Trout Daniel & Associates

Ask AI about this property

Review the available facts, identify missing information and prepare questions for the agent.

What should I ask the agent before proceeding? What information is missing from this listing?

Investment Insights

Based on property information with market context.

Three masonry buildings provide a combined 5,940 square feet on a 0.28-acre parcel in Baltimore. The two structures at the front total 4,740 square feet and include a two-bay garage and a lounge. A third building at the rear contains 1,200 square feet of office space. An on-site parking lot is included.

Key Highlights

• Three masonry buildings totaling 5,940 SF on 0.28 acres
• Front buildings total 4,740 SF and include a two‑bay garage
• Rear building provides 1,200 SF of office space

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$32,797

Cap Rate

6.56%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$655,940 $655.9K

Cap Rate 7%

$468,529 $468.5K

Cap Rate 9%

$364,411 $364.4K

Is this asking price fair?

Market Conditions

NOI Build-Up for 5,940 SF

Gross rent

$49.9K $8.40/SF

− Vacancy

−$3.0K −$0.51/SF

EGI

$46.9K $7.89/SF

− OpEx

−$14.1K −$2.37/SF

NOI

$32.8K $5.52/SF

Area

ZIP 21215

Vacancy

6.10%

Lease Rate

$8.40 /SF/Yr

Expense Ratio

30.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$655,940

Cap Rate 7%

$468,529

Cap Rate 9%

$364,411

Alternative Uses

Best Use

Retail

$1.02M

$893.3K – $1.19M (±1% cap)

NOI $71,463 @ 7.0% cap · market cap 14.29%

Second Best

Industrial

$468.5K

$410.0K – $546.6K (±1% cap)

NOI $32,797 @ 7.0% cap · market cap 6.56%

Theoretical Best

Office A

$1.42M

$1.24M – $1.65M (±1% cap)

NOI $99,131 @ 7.0% cap · market cap 19.83%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history

Open Analytics

Current Use

Shacomba's Auto Repair Auto Repair Shop Poetry in Motion PoleSalon Gym & Fitness Center Shacomba’s Auto Repair ... Auto Repair Shop

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Skin Care Clinic Acupuncture Gym & Fitness Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2

Service bays

Location Intelligence

Trade Area within ½ mile

1,230

Businesses Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Demographics for 21215, MD

54,198

Population

24,876

Households

2.2

Avg Household Size

42

Median Age

25%

College-Educated

84%

High-School Grad

6.8 sq mi

ZIP Area

7,970

Density / Sq Mi

$47,606

Median Household Income

$37,670

Median Earnings

$1,177

Median Rent

$189,900

Median Home Value

Market

Average Price Trend$/SF for Auto shops in Baltimore, MD

$134 Jul

$134 Aug

$146 Sep

$140 Oct

Properties on Market for Auto shops in Baltimore

Jul

Aug

Sep

Oct

Vacancy Rate% for Retail in Baltimore, MD

5.8% 2019

7.2% 2020

7% 2021

6.3% 2022

5.9% 2023

5.9% 2024

6.6% 2025

Similar For Sale Nearby

See more

Auto Repair Facility on Belair

6201 Belair Road, Baltimore, MD 21206

$775,000

4,598 SF

View details

Freestanding Auto Repair Facility

4010 Southwestern Boulevard, Baltimore, MD 21229

$970,000

4,190 SF

View details

Automotive Service Shop

6233 Belair Rd, Baltimore, MD 21206

$500,000

2,080 SF

View details

Automotive Sales and Service Property

6103 Reisterstown Rd, Baltimore, MD 21215

Contact for pricing

5,560 SF

View details

Auto Repair Facility Investment Opportunity

655 E 25TH STREET, Baltimore, MD 21218

$275,000

2,744 SF

View details

Auto Shop with Parking Lot

3605 Wilkens Ave, Baltimore, MD 21229

$1,499,999

10,650 SF

View details

Turnkey Auto Facility with Title Services

770 E 25th St, Baltimore, MD 21218

$250,000

2,656 SF

View details

Commercial Building on Belair Road

6126 BELAIR ROAD, Baltimore, MD 21206

$299,126

View details

C4 Auto Service Shop with Apartments

3541 S HANOVER ST, Baltimore, MD 21225

Contact for pricing

7,882 SF

View details

Gerber Collision Investment Opportunity

4109-4113 AMOS AVENUE, Baltimore, MD 21205

$2,685,314

20,930 SF

View details

Three-Bay Automotive Service Property

6215 BELAIR RD, Baltimore, MD 21206

Contact for pricing

3,150 SF

View details

Two-Story Automotive and Residential Building

160 S Calverton Rd, Baltimore, MD 21223

$60,000

1,140 SF

View details

Similar Off Market Nearby

• Wabash Automotive — 4105 W Cold Spring Ln, Baltimore, MD 21215, United States
• Joes Garage — 4200 Wabash Ave, Baltimore, MD 21215
• R.O auto service — 4049 Edgewood Rd, Baltimore, MD 21215
• Madukaife I & M Global Auto — 4112 Garrison Blvd, Baltimore, MD 21215
• Greater Baltimore — 3915 W Cold Spring Ln, Baltimore, MD 21215

Frequently Asked Questions

What type of property is this?

Auto shop - Three masonry structures combine automotive service space, a lounge, and a separate office building.

Where is this auto shop located?

The property is located at 4030 W Garrison Avenue Baltimore, MD.

What is the asking price?

The asking price for this property is $500,000.

What are key features of this property?

This property features: Three masonry buildings totaling 5,940 SF on 0.28 acres; Front buildings total 4,740 SF and include a two‑bay garage; Rear building provides 1,200 SF of office space