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

    761 Hanover Pike Hampstead, MD 21074

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Single tenant retail space available, approximately 3,560 square feet.

    Property Features for 761 Hanover Pike

    General Information

    Standard status
    Active

    We can help!

    Listing Contact
    Jeffrey Bach
    Source: Crexi

    Listing Agency: KLNB Commercial Real Estate Services Listing Agent: Jeffrey Bach

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

    Learn more

    Overview

    Retail Space Available For Rent

    This is a single-tenant retail space available for rent. The property offers approximately 3,560 square feet of space. It can be used as a retail space or restaurant.
    Location Intelligence

    Current Use by Public Records

    Pizza Hut Take-out & Catering

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Hampstead
    County
    Carroll
    State
    Maryland
    Longitude
    -76.8443042
    Latitude
    39.594241

    Nearby Similar for Lease

    • $2,200 /Mo
      24,829 SF

      Hampstead Office Space For Lease

      Office space in downtown Hampstead with recent upgrades and ample parking.
      4111 Lower Beckleysville Rd, Hampstead, MD 21074
      View Details
    • $3,500 /Mo
      71,438 SF

      Hampstead Commercial Space For Lease

      Commercial space in a bustling Hampstead shopping center with high foot traffic.
      841 S Main St, Hampstead, MD 21074
      View Details
    • $2,400 /Mo
      71,438 SF

      Hampstead Office Space For Lease

      Prime office space in Hampstead, available June 2025.
      841 S Main St, Hampstead, MD 21074
      View Details
    • $2,200 /Mo

      Downtown Hampstead Office Space Available

      Office space in downtown Hampstead featuring upgraded flooring and fresh paint.
      4111 Lower Beckleysville Rd, Hampstead, MD 21074
      View Details
    • $2,400 /Mo

      Hampstead Office Space For Rent

      Office space in Hampstead, MD, available June 2025.
      841 S Main St, Hampstead, MD 21074
      View Details
    • $3,500 /Mo

      Prime Commercial Space in Hampstead

      Versatile commercial space in a bustling Hampstead shopping center.
      841 S Main St, Hampstead, MD 21074
      View Details
    • Contact for pricing

      Retail Spaces Available For Rent

      Retail spaces available, ranging from 1,850 to 3,231 SqFt.
      720 Hanover Pike, Hampstead, MD 21074
      View Details
    • Contact for pricing
      5,700 SF

      Retail Space Near Coppermine Pantherplex

      Retail/commercial spaces available near Coppermine Pantherplex in Hampstead, MD.
      1400 Panther Dr, Hampstead, MD 21074
      View Details
    • Contact for pricing
      3,066 SF

      Drive-Thru Opportunity Near Retail

      3,066 SF drive-thru opportunity near Weis Markets and Walmart.
      2305 Hanover Pike, Hampstead, MD 21074
      View Details
    • Contact for pricing
      3,127 SF

      Retail Space in North Carroll

      Retail space available in a busy shopping center.
      2300 Hanover Pike, Hampstead, MD 21074
      View Details
    • Contact for pricing
      5,000 SF

      Retail Space in North Carroll

      Retail space available in a busy shopping center.
      2320 Hanover Pike, Hampstead, MD 21074
      View Details
    • Contact for pricing

      Hampstead Flex, Retail, Warehouse Space

      Flex, retail, and warehouse spaces available for lease.
      30 And Main St, Hampstead, MD 21074
      View Details

    FAQs

    What type of property is this?
    Retail space - Single tenant retail space available, approximately 3,560 square feet.
    Where is this retail space located?
    The property is located at 761 Hanover Pike Hampstead, MD.
    What are key features of this property?
    This property features: - Single tenant property; - Retail property; - 3,560 SqFt of space
    Request Owner's contact information
    761 Hanover Pike Hampstead, MD 21074
    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.
    761 Hanover Pike
    Hampstead, MD 21074
    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
    761 Hanover Pike Hampstead, MD 21074
    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
    Jeffrey Bach
    Real Estate License ID: MD325021
    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!