Neighborhood Shopping
4300 Belair Rd Baltimore, MD 21206
4300 Belair Rd, Baltimore, MD, 21206
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For Sale
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Eight-unit neighborhood retail center on Belair Road with a mix of pedestrian and vehicular traffic.
Property Size16,935 SF
Price / SF$124
Days on Market486
Property Features for 4300 Belair Rd
General Information
- Standard status
- Active
- Size
- 16,935 SF
- Property subtype
- RETAIL
Listing agency
Avenue Real Estate, LLC
(301) 275-5509
Listed by
Ross Conn · License #633650
Source
Moodyscre
Added: Mar 24, 2025 Updated: Jul 20 at 8:07PM Checked: Jul 21 at 8:27AM
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 Avenue Real Estate, LLC
Investment Insights
Based on property information with market context.
This offering is an eight-unit neighborhood shopping center. The property provides multiple retail spaces within a small retail configuration suited to serving nearby day-to-day needs.
The center is located in the Belair-Parkside neighborhood of Baltimore City along Belair Road, a secondary thoroughfare that runs parallel to Interstate-95 and links Baltimore to Philadelphia. The Belair Road portion referenced in the materials receives over 20,000 vehicles per day, and the area includes a mix of pedestrian and vehicular traffic.
As a compact, multi-tenant retail asset, the property offers a straightforward structure with eight individual units contained within the shopping center setting.
The center is located in the Belair-Parkside neighborhood of Baltimore City along Belair Road, a secondary thoroughfare that runs parallel to Interstate-95 and links Baltimore to Philadelphia. The Belair Road portion referenced in the materials receives over 20,000 vehicles per day, and the area includes a mix of pedestrian and vehicular traffic.
As a compact, multi-tenant retail asset, the property offers a straightforward structure with eight individual units contained within the shopping center setting.
Key Highlights
- Eight‑unit neighborhood shopping center in Baltimore City’s Belair‑Parkside neighborhood
- Located on Belair Road (Route 1 area), with traffic reported at 20,000+ vehicles per day
- Area traffic includes a mix of pedestrian and vehicular activity
Local 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 | $304.8k | $18.00 |
| − Vacancy | −$32.0k | −$1.89 |
| EGI | $272.8k | $16.11 |
| − OpEx | −$81.8k | −$4.83 |
| NOI | $191.0k | $11.28 |
16,935 SF · lease $18.00/SF/yr · vacancy 10.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$2.73M
$2.39M – $3.18M
NOI $190,976 @ 7.0% cap · market cap 9.09%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$3.56M
$3.12M – $4.16M
NOI $249,485 @ 7.0% cap · market cap 11.88%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Market 21
Grocery & Convenience Store
TheSpot
Restaurant
Mr. Donald Lindauer
Physician
Shamrock Liquor Store
(Bike/Boat/Book/etc) Store
Healing Minds Llc
Addiction Treatment Center
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FAQs
What type of property is this?
Shopping center - Eight-unit neighborhood retail center on Belair Road with a mix of pedestrian and vehicular traffic.
Where is this shopping center located?
The property is located at 4300 Belair Rd Baltimore, MD.
What is the asking price?
The asking price for this property is $2,100,000.
What are key features of this property?
This property features: Eight‑unit neighborhood shopping center in Baltimore City’s Belair‑Parkside neighborhood; Located on Belair Road (Route 1 area), with traffic reported at 20,000+ vehicles per day; Area traffic includes a mix of pedestrian and vehicular activity
