Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Redeveloped Retail and Office Space Title is generated by Realmo AI

    4400-4592 Edmondson Avenue, Baltimore, MD 21229

    View on Map
    Claim this Listing
    For Lease
    Contact for pricing

    Historic shopping center undergoing redevelopment with retail and office leasing opportunities.

    Type:Office, Retail
    Added:
    Apr 3, 2026
    Days on Market:
    65
    Last Refresh:
    Apr 3 at 4:54 am

    Property Features for 4400-4592 Edmondson Avenue

    General Information

    Standard status
    Active
    Property subtype
    Office, Retail

    We can help!

    Listing Contact
    Henry Deford

    Listing agent Henry Deford License #MD 636644

    Listing office MacKenzie Commercial Real Estate - Corporate

    Listing date Apr 3, 2026

    Source Mackenziecommercial

    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

    HighLights

    • Prime visibility on Edmondson Avenue (Route 40) with high traffic (over 46,000 cars daily).
    • Multiple retail pad sites available for lease.
    • Significant redevelopment underway, offering new retail and office leasing opportunities.
    • Ample on‑site parking.
    • Convenient access to I‑695, I‑95, and I‑70.
    • Adjacent to Edmondson Square and across from the new Uplands mixed‑use development.

    Overview

    The Edmondson Village Shopping Center is undergoing a significant redevelopment, presenting new opportunities for retail and office leasing. This historic retail destination offers multiple retail pad sites. The site provides ample on-site parking and prime visibility on Edmondson Avenue (Route 40), which experiences a high traffic volume of over 46,000 cars daily. The shopping center is conveniently located near I-695, I-95, and I-70. It is adjacent to Edmondson Square, which houses Giant Food and PNC Bank, and across from the new Uplands development, a 63-acre master-planned mixed-use community. Phase II of the redevelopment is underway, with Aldi set to join this commercial hub.
    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 Auto Repair Shop

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

    Similar Places Nearby

    • Edmondson Village — 4520 Edmondson Ave, Baltimore, MD 21229
    • Coinstar Kiosk | Bitcoin ATM — Giant Landover, 4624 Edmondson Ave, Baltimore, MD 21229
    • EDMONDSON SQUARE — 4600 Edmondson Ave, Baltimore, MD 21229

    Location Insight

    • Map
    • Local Demand
    City
    Baltimore
    County
    Baltimore
    State
    Maryland
    Longitude
    -76.69192
    Latitude
    39.294375

    Nearby Similar for Lease

    • $1,900/Mo

      Versatile Lower-Level Commercial Space

      Multi-purpose rental space near downtown Baltimore, ideal for various businesses.
      3701 E LOMBARD Street, BALTIMORE, MD 21224
      View Details
    • $1,770/Mo

      Renovated Flex/Office Space Available

      First-floor, renovated flex/office space in Baltimore Highlands.
      101 N HAVEN Street, BALTIMORE, MD 21224
      View Details
    • $1,625/Mo

      Flexible Office Workspaces Available

      Private office spaces with shared amenities in Baltimore Highlands.
      101 N HAVEN Street, BALTIMORE, MD 21224
      View Details
    • $1,300/Mo

      Flexible Office Workspaces Available

      Private office spaces with shared amenities in Baltimore Highlands.
      101 N HAVEN Street, BALTIMORE, MD 21224
      View Details
    • $2,000/Mo
      1,195 SF

      Updated Office Suite For Lease

      Updated office suite with kitchen and bathroom near downtown.
      919 W BARRE Street, BALTIMORE, MD 21230
      View Details
    • $1,800/Mo

      High-Traffic Corner Storefront in Baltimore

      Ground-floor commercial space in a high-visibility, active Baltimore neighborhood.
      1401 RIVERSIDE Avenue, BALTIMORE, MD 21230
      View Details
    • $1,550/Mo

      Versatile Commercial Space in Baltimore

      Adaptable commercial space suitable for retail, office, or creative uses.
      3209 E LOMBARD Street, BALTIMORE, MD 21224
      View Details
    • $7,200/Mo
      4,800 SF

      Renovated Flex Space in Baltimore

      Stunning 4800 SF flex space in a redeveloped complex.
      1 N HAVEN Street, BALTIMORE, MD 21224
      View Details
    • $875/Mo

      Storefront with Hardwood Floors

      Front retail space with tall ceilings, ample lighting, plus in-shop restroom and shower facilities.
      18 W 24TH Street, BALTIMORE, MD 21218
      View Details
    • $1,100/Mo

      Fells Point Commercial Space

      Renovated commercial space in the heart of Fells Point.
      1725 BANK Street, BALTIMORE, MD 21231
      View Details
    • $3,500/Mo

      Office Space with Private Suites

      High-visibility office setup with six private suites, storage, and designated parking for nine in a high-traffic area.
      9406 BELAIR Road, BALTIMORE, MD 21236
      View Details
    • $15 SF/Yr

      Historic Office Space in Baltimore

      Two-story commercial office space with modern upgrades in Old Goucher.
      2229 N CHARLES Street, BALTIMORE, MD 21218
      View Details

    FAQs

    What type of property is this?
    Shopping center - Historic shopping center undergoing redevelopment with retail and office leasing opportunities.
    Where is this shopping center located?
    The property is located at 4400-4592 Edmondson Avenue Baltimore, MD.
    What are key features of this property?
    This property features: Prime visibility on Edmondson Avenue (Route 40) with high traffic (over 46,000 cars daily).; Multiple retail pad sites available for lease.; Significant redevelopment underway, offering new retail and office leasing opportunities.
    (410) 494-4861
    We can help!
    Listing Contact
    Henry Deford
    Real Estate License ID: MD 636644
    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

    Thank You for Inquiry
    4400-4592 Edmondson Avenue, Baltimore, MD 21229
    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!