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Long-Running Bank Branch
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5655 The Alameda, Baltimore, MD 21239

Bank branch building operating continuously since 1973 within Alameda Marketplace Shopping Center.

Property SizeContact for details
Days on Market121

Property Features for 5655 The Alameda

General Information

Standard status Active
Property subtype Retail
Listing Agency: Matthews
Listed By: Kyle Matthews · License #REC.2020005555
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 22 at 3:12AM

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 Matthews

Investment Insights

Based on property information with market context.

This bank branch building has operated as a bank continuously since 1973. FDIC-reported deposits held at this branch were over $60 million for the period ending June 30, 2022, reflecting a long-standing customer base.

Located within the Alameda Marketplace Shopping Center, the branch is part of an active retail corridor with surrounding tenants including Shoppers, Family Dollar, Dollar Tree, Subway, Exxon Gas, and Planet Fitness. The remarks also note that restrictions within the shopping center limit competing drive-through banking options.

According to the provided information, the property serves a critical role locally as the only Bank of America branch in the zip code, with an encouraged mandate to serve the community through the Community Reinvestment Act (CRA).

Key Highlights

  • Bank branch building operating continuously since 1973
  • Only Bank of America branch in this zip code, with a mandate under the Community Reinvestment Act (CRA)
  • FDIC reported deposits held at this branch exceed $60M (period ending June 30, 2022)

Property Analytics

Current Use

Bank of America Financial ... Bank Bank of America ATM Atm

Suggested Use

Top Pick Real Estate Agency Law Firm Parking Lot & Garage Spa & Massage Center Building Supply Dental Office

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

869
Businesses Nearby

Demographics for 21239, MD

26,605
Population
12,621
Households
2.1
Avg Household Size
40
Median Age
33%
College-Educated
93%
High-School Grad
2.9 sq mi
ZIP Area
9,174
Density / Sq Mi
$64,288
Median Household Income
$48,424
Median Earnings
$1,337
Median Rent
$191,200
Median Home Value

Market

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
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Frequently Asked Questions

What type of property is this?
Bank - Bank branch building operating continuously since 1973 within Alameda Marketplace Shopping Center.
Where is this bank located?
The property is located at 5655 The Alameda Baltimore, MD.
What are key features of this property?
This property features: Bank branch building operating continuously since 1973; Only Bank of America branch in this zip code, with a mandate under the Community Reinvestment Act (CRA); FDIC reported deposits held at this branch exceed $60M (period ending June 30, 2022)
More about this property
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