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Mixed-Use Property on Harford Road

4906 HARFORD Road, Baltimore, MD 21214

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For Sale

$1,325,000

LAND - BALTIMORE, MD

Property size:

4,960 SF

Lot size:

1.14 Acres

Price / SF:

$267/SF

We can help!

Contact an agent

Yorleen Palmer

Real Estate License ID: 677267

HighLights

1.14 acre lot with 2 buildable plots and two points of ingress/egress
Multiple income streams from a fully renovated 4‑unit commercial building and a separated mixed‑use structure
Pre‑appraised and priced to sell
4‑unit commercial building is fully renovated and tenant occupied with rental income over $5,000/month
Mixed‑use zoning offers flexibility for various commercial uses
Located on highly traveled Harford Road near major commuter routes and public transportation

For Sale

$1,325,000

LAND - BALTIMORE, MD

Property size:

4,960 SF

Lot size:

1.14 Acres

Price / SF:

$267/SF

Added:: May 18, 2026
Days on Market:: 50
Last Refresh:: Jul 6 at 1:06 pm

Property Features for 4906 HARFORD Road

General Information

Property type: Land
Property subtype: Other
Standard status: Active
Size: 4,960 SF
Lot size: 1.14 Acres

Taxes and HOA fees

Tax Annual Amount: 4440

We can help!

Contact an agent

Yorleen Palmer

Listing agent Yorleen Palmer License #677267

Listing office Coldwell Banker Realty 6031 University Boulevard unit: 100, TIMONIUM, MD

Listing date May 18, 2026

MLS# MDBA2215738 Listing URL

HighLights

1.14 acre lot with 2 buildable plots and two points of ingress/egress
Multiple income streams from a fully renovated 4‑unit commercial building and a separated mixed‑use structure
Pre‑appraised and priced to sell
4‑unit commercial building is fully renovated and tenant occupied with rental income over $5,000/month
Mixed‑use zoning offers flexibility for various commercial uses
Located on highly traveled Harford Road near major commuter routes and public transportation

Overview

This mixed-use commercial and multi-unit property is located on Harford Road in Baltimore. The property includes a renovated 4-unit commercial building and a mixed-use structure, along with a 1.14-acre lot featuring two buildable plots and two points of access. The 4,960 square foot multi-unit building contains four newly renovated units, all currently tenant-occupied, generating a rental income exceeding $5,000 per month. The commercial property is zoned for mixed-use and includes bathrooms and potential office space. The exterior of the commercial building has been freshly painted with new trimmings. Potential rental income for the commercial space is estimated between $2,500 and $3,000 per month. The property is suitable for investors seeking stable income, owner-operators, or developers looking for a property with scale, visibility, and growth potential. It is located near major commuter routes, public transportation, and established neighborhoods.

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$110.1k	$22.20
− Vacancy	−$6.1k	−$1.22
EGI	$104.1k	$20.98
− OpEx	−$31.2k	−$6.29
NOI	$72.8k	$14.69

4,960 SF · lease $22.20/SF/yr · vacancy 5.50% · expense 30.00%

Alternative Uses

Best Use

Multifamily LT 5

$1.04M

$910.5K – $1.21M (±1% cap)

NOI $72,839 @ 7.0% cap · market cap 5.50%

Second Best

Office B

$985.1K

$862.0K – $1.15M (±1% cap)

NOI $68,958 @ 7.0% cap · market cap 5.20%

Theoretical Best

Office A

$1.19M

$1.04M – $1.39M (±1% cap)

NOI $83,179 @ 7.0% cap · market cap 6.28%

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

Property Profile Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

Location Insight

Map
Local Demand

City: Baltimore
County: Baltimore
State: Maryland
Longitude: -76.56714
Latitude: 39.346

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For sale
Mixed-use properties
MD
Baltimore
21214
4906 HARFORD Road

What type of property is this?

Mixed-use property - Mixed-use property with income streams and development potential.

Where is this mixed-use property located?

The property is located at 4906 HARFORD Road Baltimore, MD.

What is the asking price?

The asking price for this property is $1,325,000.

What are key features of this property?

This property features: 1.14 acre lot with 2 buildable plots and two points of ingress/egress; Multiple income streams from a fully renovated 4‑unit commercial building and a separated mixed‑use structure; Pre‑appraised and priced to sell

4906 HARFORD Road, Baltimore, MD 21214

LAND - BALTIMORE, MD

Property Features for 4906 HARFORD Road

General Information

Taxes and HOA fees

We can help!

HighLights

Overview

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

Alternative Uses

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Standalone Office Building with Flex Space

Three-Story Office Building

Established Bar and Lounge Opportunity

Historic 4-Story Office Building

Corner Mixed-Use Building with Retail

Brick Lower-Level Medical Office Condo

Mixed-Use Property with Development Potential

Turn-Key Multifamily Investment Opportunity

Glass and Granite Office Building

Historic Restaurant with Owner Suite

Retail Business Opportunity in Baltimore

Victorian Residential Income Property

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