Shopping Center with Office
For Sale
Contact for pricing
6433 FREDERICK ROAD, Catonsville, MD 21228
Multi-suite commercial property with flexible professional, daycare, and event-use options.
Property Size610 SF
Price / SF$1.64
Days on Market52
Property Features for 6433 FREDERICK ROAD
General Information
Standard status
Active
Size
610 SF
Property subtype
Commercial
Building Details
Year Built
1950
Listing Agency:
Berkshire Hathaway HomeServices PenFed Realty
(443) 627-2900
Listed By:
Gopal Hariani · License #635576
(410) 977-9390
Source:
Cummingsrealtors
Added: Sep 3
Changed: Oct 23
Last Checked: Oct 23 at 8:09AM
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 Berkshire Hathaway HomeServices PenFed Realty
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Investment Insights
Based on property information with market context.
Paradise Cafe Shopping Center is a commercial property with a mix of office, shop, eatery, and retail space. Three suites identified as B1, B2, and B3 are available as professional office spaces and may also accommodate daycare or event uses. The property includes a substantial rear parking area serving the center.
An additional upper-level space at 6423 Frederick Road is available and was previously used as a dance studio. The property was built in 1950 and is located at 6433 Frederick Road in Catonsville, Maryland.
An additional upper-level space at 6423 Frederick Road is available and was previously used as a dance studio. The property was built in 1950 and is located at 6433 Frederick Road in Catonsville, Maryland.
Key Highlights
- Three professional office suites identified as B1, B2, and B3
- Suites may also be used for daycare and events
- Upper‑level space at 6423 Frederick Road previously used as a dance studio
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$4,277
Suggested Prices Based on Cap Rates
Cap Rate 5%
$85,540
$85.5K
Cap Rate 7%
$61,100
$61.1K
Cap Rate 9%
$47,522
$47.5K
Market Conditions
NOI Build-Up for 610 SF
Gross rent
$7.0K $11.40/SF
− Vacancy
−$1.3K −$2.05/SF
EGI
$5.7K $9.35/SF
− OpEx
−$1.4K −$2.34/SF
NOI
$4.3K $7.01/SF
Area
Baltimore County, MD
Vacancy
18.00%
Lease Rate
$11.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$85,540
Cap Rate 7%
$61,100
Cap Rate 9%
$47,522
Alternative Uses
Best Use
Retail
$123.3K
$107.9K – $143.9K
NOI $8,634 @ 7.0% cap · market cap 863.40%
Second Best
Office B
$61.1K
$53.5K – $71.3K
NOI $4,277 @ 7.0% cap · market cap 427.70%
Theoretical Best
Multifamily LT 5
$5.92M
$5.18M – $6.90M
NOI $414,274 @ 7.0% cap · market cap 41,427.40%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
663
Businesses Nearby
Under-served
Demand for This Use
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Business Placement
Demographics for 21228, MD
50,418
Population
20,357
Households
2.5
Avg Household Size
42
Median Age
50%
College-Educated
92%
High-School Grad
15.6 sq mi
ZIP Area
3,232
Density / Sq Mi
$107,714
Median Household Income
$59,038
Median Earnings
$1,631
Median Rent
$389,200
Median Home Value
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Market
Vacancy Rate% for Office in South region
Similar Off Market Nearby
- Parking for the Shops on Mellor — 77 Mellor Ave, Catonsville, MD 21228
- Esworthy Properties, LLC — 6423 Frederick Rd, Catonsville, MD 21228
- Coin Cloud Bitcoin ATM — 6134 Edmondson Ave, Catonsville, MD 21228
Frequently Asked Questions
What type of property is this?
Shopping center - Multi-suite commercial property with flexible professional, daycare, and event-use options.
Where is this shopping center located?
The property is located at 6433 FREDERICK ROAD Catonsville, MD.
What are key features of this property?
This property features: Three professional office suites identified as B1, B2, and B3; Suites may also be used for daycare and events; Upper‑level space at 6423 Frederick Road previously used as a dance studio
