Ground-Floor Retail
5864 Belair Road # GROUND LEVEL, Baltimore, MD 21206
For Sale
New
Contact for pricing
The compact commercial suite has a bathroom, and utilities are included.
Property Size450 SF
Price / SF$2.21
Days on Market4
Property Features for 5864 Belair Road # GROUND LEVEL
General Information
Standard status
Size
Property subtype
Zoning
Lease Term
Site & Location
Neighborhood
Highway Access
Road Access
Utilities to Site
Additional Details
Floor
Amenities
Electric
Yes
No
Public
On Street
Building Details
Year Built
Listing Agency:
Signature Realty Group,LLC
(443) 503-8606
Listed By:
Stacey Messercola · License #674623
(410) 615-4119
Source:
Thetristaterealestategroup
Added: Nov 4
Changed: Nov 6
Last Checked: Nov 6 at 6:26AM
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 ground-level retail suite contains approximately 450 square feet and includes a bathroom. Electric service is noted, and the property is zoned C-1. The space is identified for retail, office, or salon use.
The property is at 5864 Belair Road in Baltimore, two blocks north of White Avenue and minutes from I-695. On-street parking is available.
The property is at 5864 Belair Road in Baltimore, two blocks north of White Avenue and minutes from I-695. On-street parking is available.
Key Highlights
- Approximately 450 square feet of ground‑level space
- Bathroom included in the suite
- C‑1 zoning
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$5,075
Suggested Prices Based on Cap Rates
Cap Rate 5%
$101,500
$101.5K
Cap Rate 7%
$72,500
$72.5K
Cap Rate 9%
$56,389
$56.4K
Market Conditions
NOI Build-Up for 450 SF
Gross rent
$8.1K $18.00/SF
− Vacancy
−$851 −$1.89/SF
EGI
$7.2K $16.11/SF
− OpEx
−$2.2K −$4.83/SF
NOI
$5.1K $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%
$101,500
Cap Rate 7%
$72,500
Cap Rate 9%
$56,389
Alternative Uses
Best Use
Retail
$72.5K
$63.4K – $84.6K
NOI $5,075 @ 7.0% cap · market cap 510.05%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$94.7K
$82.9K – $110.5K
NOI $6,629 @ 7.0% cap · market cap 666.23%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
677
Businesses Nearby
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
$213,700
Median Home Value
Market
Average Price Trend$/SF for Retail space in Baltimore, MD
Properties on Market for Retail space in Baltimore
Vacancy Rate% for Retail in Baltimore, MD
Frequently Asked Questions
What type of property is this?
Retail space - The compact commercial suite has a bathroom, and utilities are included.
Where is this retail space located?
The property is located at 5864 Belair Road # GROUND LEVEL Baltimore, MD.
What are key features of this property?
This property features: Approximately 450 square feet of ground‑level space; Bathroom included in the suite; C‑1 zoning
