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    Business Zoned Development Land Title is generated by Realmo AI

    6080 & 6100 Washington Blvd, Elkridge, MD 21075

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    For Sale
    $1,200,000

    Cleared, utility-ready commercial land with strong access and frontage on US-1 for retail, QSR, medical, or services.

    Type:Land
    Lot size:
    4.51 Acres
    Added:
    Jun 2, 2026
    Days on Market:
    2
    Last Refresh:
    Jun 3 at 2:59 am

    Property Features for 6080 & 6100 Washington Blvd

    General Information

    Standard status
    Active
    Lot size
    4.51 Acres
    Property subtype
    Land

    We can help!

    Listing Contact
    Marcus N. Daniels
    Marcus N. Daniels

    Listing agent Marcus N. Daniels License #660771

    Listing office NAI Michael

    Listing date Jun 2, 2026

    Source Naimichael

    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 NAI Michael

    HighLights

    • 4.51± acres of cleared commercial land with frontage on Washington Blvd (US‑1)
    • Zoned B‑1 (Business Local) for uses including retail, QSR, medical, automotive services, convenience retail, small office, and neighborhood commercial
    • Four entrances off Washington Blvd (US‑1) with strong access
    • Utilities available at the street: public water, public sewer, electric, and gas (confirm capacity during due diligence)
    • No structures remaining—site is graded and ready for development (prior improvements removed)
    • Traffic counts reported as 21,670 vpd on Washington Blvd & Route 1; 3/4 mi to I‑195, 1/2 mi to I‑895, and about 5 minutes to Halethorpe Rail Station (MARC) and BWI Airport/Amtrak

    Overview

    This is a cleared and graded commercial land parcel totaling 4.51 acres, with all structures demolished and the site ready for development. Public utilities are available at the street, including public water, public sewer, electric, and gas, with buyer confirmation of capacity during due diligence. The property has no known environmental impairments; however, a Phase 1 ESA is encouraged given prior improvements that have been removed.

    The land offers prime frontage along Washington Blvd (US-1) with four entrances off the corridor, supporting convenient ingress and egress for a wide range of concepts. The parcel is located amid mixed commercial and residential surroundings and is positioned in a high-visibility corridor, with reported traffic of 21,670 vehicles per day on Washington Blvd and Route 1. The area is also described as having quick access to major routes and transit, including MARC service and BWI Airport/Amtrak.

    Zoned B-1 (Business Local), the site is well suited for neighborhood commercial uses such as retail, QSR, medical, automotive services, convenience retail, and small office development. With its frontage, multiple access points, and utility availability, the property offers a practical foundation for operators and investors seeking to build in a dense, drive-by oriented location.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Elkridge
    County
    Howard
    State
    Maryland
    Longitude
    -76.7197158
    Latitude
    39.2138893

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    FAQs

    What type of property is this?
    Commercial land - Cleared, utility-ready commercial land with strong access and frontage on US-1 for retail, QSR, medical, or services.
    Where is this commercial land located?
    The property is located at 6080 & 6100 Washington Blvd Elkridge, MD.
    What is the asking price?
    The asking price for this property is $1,200,000.
    What are key features of this property?
    This property features: 4.51± acres of cleared commercial land with frontage on Washington Blvd (US‑1); Zoned B‑1 (Business Local) for uses including retail, QSR, medical, automotive services, convenience retail, small office, and neighborhood commercial; Four entrances off Washington Blvd (US‑1) with strong access
    (301) 597-9504
    We can help!
    Listing Contact
    Marcus N. Daniels
    Marcus N. Daniels
    Real Estate License ID: 660771
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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