Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    6423 Frederick Rd Catonsville, MD 21228

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    $1,700 /Mo

    Retail space available in vibrant Paradise Cafe Shopping Center.

    Lot size:
    0.37 Acres

    Property Features for 6423 Frederick Rd

    General Information

    Standard status
    Active
    Lot size
    0.37 Acres

    Building Details

    Year built
    1950

    We can help!

    Listing Contact
    Gopal D Hariani
    Source: Corcoran

    Listing Agency: BERKSHIRE HATHAWAY HOMESERVICES PENFED REALTY Listing Agent: Gopal D Hariani

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Retail Space in Paradise Cafe

    Located within the vibrant Paradise Cafe Shopping Center, this retail space offers a diverse array of shops, eateries, and retail spaces. The Paradise Cafe serves as a central hub, creating an inviting atmosphere for both locals and visitors. One unit is available at 6423 Frederick Rd, suitable for use as a dance studio, tattoo shop, or various other commercial purposes. A large parking lot is located at the back of the property.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Catonsville
    County
    Baltimore
    State
    Maryland
    Longitude
    -76.717822
    Latitude
    39.2750673

    Nearby Similar for Lease

    • New
      $4,000 /Mo
      16,117 SF

      Catonsville Commercial Spaces For Lease

      Vibrant commercial area with office, retail, and flex spaces.
      6433 Frederick Rd, Catonsville, MD 21228
      View Details
    • $2,700 /Mo
      32,234 SF

      Catonsville Retail or Office Space

      Retail or professional office space available for lease in Catonsville.
      1330 Dillon Heights Ave, Catonsville, MD 21228
      View Details
    • $2,700 /Mo
      32,234 SF

      Catonsville Retail/Office Space Available

      Secure 3,498 SF suite ideal for retail or office use.
      1330 Dillon Heights Ave, Catonsville, MD 21228
      View Details
    • $2,700 /Mo

      High-Security Retail/Office Suite

      Secure 3,498 SF suite ideal for retail or office.
      1330 Dillon Heights Ave, Catonsville, MD 21228
      View Details
    • $2,700 /Mo

      Retail or Professional Office Space

      2,600 SF retail or office space for lease.
      1330 Dillon Heights Ave, Catonsville, MD 21228
      View Details
    • $2,500 /Mo
      32,234 SF

      Catonsville Office Space Available

      Professional office space in Catonsville, MD, with customization options.
      1330 Dillon Hts Ave Unit 2 -, Catonsville, MD 21228
      View Details
    • $2,100 /Mo

      Downtown Catonsville Office Space

      New office space in downtown Catonsville, available immediately.
      38 Bloomsbury Ave, Catonsville, MD 21228
      View Details
    • $4,000 /Mo

      Commercial Space with Office Potential

      Versatile commercial space with office and storage options for rent.
      6611 Baltimore National Pike, Catonsville, MD 21228
      View Details
    • Contact for pricing
      60,873 SF

      Retail Space in Westview Center

      Prime retail opportunity in a high-traffic Catonsville shopping center.
      5748 Baltimore National Pike, Catonsville, MD 21228
      View Details
    • $19 SF/Yr
      1,750 SF

      Office Space Available For Rent

      2,950 SF office space available for lease.
      640 Frederick Rd, Catonsville, MD 21228
      View Details
    • Contact for pricing
      1,160 SF

      Retail Space on Rolling Road

      Retail spaces available in Catonsville with high traffic volume.
      1110 N Rolling Rd, Catonsville, MD 21228
      View Details

    FAQs

    What type of property is this?
    Retail space - Retail space available in vibrant Paradise Cafe Shopping Center.
    Where is this retail space located?
    The property is located at 6423 Frederick Rd Catonsville, MD.
    What is the lease rate?
    The lease rate is $1,700 /Mo.
    What are key features of this property?
    This property features: - Vibrant commercial area with diverse shops and eateries.; - Central hub location within Paradise Cafe Shopping Center.; - Available unit at 6423 Frederick Rd suitable for dance studio, tattoo shop, or other commercial uses.
    (410) 977-9390
    Request Owner's contact information
    6423 Frederick Rd Catonsville, MD 21228
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    6423 Frederick Rd
    Catonsville, MD 21228
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    6423 Frederick Rd Catonsville, MD 21228
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Gopal D Hariani
    Real Estate License ID: 635576
    (410) 977-9390 (443) 627-2900 (301) 961-6000
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!