Corner Ground-Floor
New
For Sale
Contact for pricing
5862 BELAIR ROAD GROUND LEVEL, Baltimore, MD 21206
The space is suited to retail, personal-care services, or office use.
Property Size175 SF
Price / SF$7.97
Days on Market5
Property Features for 5862 BELAIR ROAD GROUND LEVEL
General Information
Standard status
Active
Size
175 SF
Property subtype
Commercial
Building Details
Year Built
1930
Listing Agency:
Signature Realty Group,LLC
(443) 503-8606
Listed By:
Stacey Messercola · License #674623
(410) 615-4119
Source:
Cummingsrealtors
Added: Oct 16
Changed: Oct 19
Last Checked: Oct 19 at 2:44PM
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 Signature Realty Group,LLC
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 1930-built storefront occupies a ground-level corner unit. The listed space is described as suitable for retail, barber or salon services, and office use.
The property is a short drive from 695 and two blocks north of White Avenue.
The property is a short drive from 695 and two blocks north of White Avenue.
Key Highlights
- Ground‑level corner storefront
- Potential uses include retail, barber or salon services, and office space
- Two blocks north of White Avenue
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$1,973
Suggested Prices Based on Cap Rates
Cap Rate 5%
$39,460
$39.5K
Cap Rate 7%
$28,186
$28.2K
Cap Rate 9%
$21,922
$21.9K
Market Conditions
NOI Build-Up for 175 SF
Gross rent
$3.2K $18.00/SF
− Vacancy
−$331 −$1.89/SF
EGI
$2.8K $16.11/SF
− OpEx
−$846 −$4.83/SF
NOI
$2.0K $11.28/SF
Area
ZIP 21206
Vacancy
10.50%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$39,460
Cap Rate 7%
$28,186
Cap Rate 9%
$21,922
Alternative Uses
Best Use
Retail
$28.2K
$24.7K – $32.9K
NOI $1,973 @ 7.0% cap · market cap 141.43%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$36.8K
$32.2K – $43.0K
NOI $2,578 @ 7.0% cap · market cap 184.80%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
677
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 21206, MD
49,470
Population
21,939
Households
2.3
Avg Household Size
38
Median Age
25%
College-Educated
89%
High-School Grad
7.3 sq mi
ZIP Area
6,777
Density / Sq Mi
$62,965
Median Household Income
$46,426
Median Earnings
$1,215
Median Rent
$213,700
Median Home Value
Market
Vacancy Rate% for Retail in Baltimore, MD
Frequently Asked Questions
What type of property is this?
Storefront property - The space is suited to retail, personal-care services, or office use.
Where is this storefront property located?
The property is located at 5862 BELAIR ROAD GROUND LEVEL Baltimore, MD.
What are key features of this property?
This property features: Ground‑level corner storefront; Potential uses include retail, barber or salon services, and office space; Two blocks north of White Avenue
