Building Details

Year Built 1987

Buildings 3

Units 5

Tenancy Multi

Listing Agency: Old Telegraph MGT

Listed By: K Wang · License #Real Estate

Source: Crexi

Added: Aug 3 Changed: Oct 5 Last Checked: Oct 5 at 7:25PM

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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 Old Telegraph MGT

Investment Insights

Based on property information with market context.

This mixed-use commercial property contains an automotive and garage component and totals 11,100 square feet. The improvements were constructed in 1987 and carry BL zoning.

The property information identifies separate acquisition options involving the automotive and garage component at 5413 East Drive, as well as the properties at 5415 and 5417 East Drive. Financial materials available to qualified buyers include rent rolls, lease and occupancy details, operating statements, and supporting property records.

Key Highlights

• 11,100‑square‑foot mixed‑use commercial property
• Automotive and garage component at 5413 East Drive
• 1987 construction

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$157,108

Cap Rate

8.36%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$3,142,160 $3.1M

Cap Rate 7%

$2,244,400 $2.2M

Cap Rate 9%

$1,745,644 $1.7M

Market Conditions

NOI Build-Up for 11,100 SF

Gross rent

$239.8K $21.60/SF

− Vacancy

−$15.3K −$1.38/SF

EGI

$224.4K $20.22/SF

− OpEx

−$67.3K −$6.07/SF

NOI

$157.1K $14.15/SF

Area

Baltimore County, MD

Vacancy

6.39%

Lease Rate

$21.60 /SF/Yr

Expense Ratio

30.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$3,142,160

Cap Rate 7%

$2,244,400

Cap Rate 9%

$1,745,644

Alternative Uses

Best Use

Retail

$2.24M

$1.96M – $2.62M (±1% cap)

NOI $157,108 @ 7.0% cap · market cap 8.36%

Second Best

Mixed Use

$2.23M

$1.95M – $2.60M (±1% cap)

NOI $156,130 @ 7.0% cap · market cap 8.30%

Theoretical Best

Multifamily LT 5

$107.69M

$94.23M – $125.64M (±1% cap)

NOI $7,538,429 @ 7.0% cap · market cap 400.98%

Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Auto shops

Suggested Use

Top Pick Locksmith Veterinary Clinic (Bike/Boat/Book/etc) Store Dental Office Florist Grocery & Convenience Store

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

Location Intelligence

Trade Area within ½ mile

626

Businesses Nearby

Explore this area Business Placement

Demographics for 21227, MD

35,837

Population

14,260

Households

2.5

Avg Household Size

35

Median Age

27%

College-Educated

85%

High-School Grad

11.3 sq mi

ZIP Area

3,171

Density / Sq Mi

$83,620

Median Household Income

$52,643

Median Earnings

$1,347

Median Rent

$272,400

Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020

6.2% 2021

5.1% 2022

4.8% 2023

4.9% 2024

5.4% 2025

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this mixed-use properties located? What is the asking price? Find similar properties What are key features of this property?

Frequently Asked Questions

What type of property is this?

Mixed-use property - Mixed-use commercial property with an automotive and garage component, available for separate acquisition options.

Where is this mixed-use property located?

The property is located at 5413 East Drive Arbutus, MD.

What is the asking price?

The asking price for this property is $1,880,000.

What are key features of this property?

This property features: 11,100‑square‑foot mixed‑use commercial property; Automotive and garage component at 5413 East Drive; 1987 construction