Bank Building with
For Sale
Contact for pricing
800 Revolution St, Havre de Grace, MD 21078
Signalized-corner property with pylon signage and access from two streets.
Property Size2,315 SF
Price / SF$269.98
Days on Market185
Property Features for 800 Revolution St
General Information
Standard status
Active
Size
2,315 SF
Property subtype
RETAIL
Site & Location
Drive-Thru
Yes
Pylon Signage
Yes
Road Access
Yes
Additional Details
Opportunity Zone
Yes
Listing Agency:
MacKenzie Commercial Real Estate - Corporate
(410) 627-6881
Listed By:
Mike Ruocco · License #MD 641180
(410) 627-6881
Source:
Moodyscre
Added: Feb 27
Changed: Aug 29
Last Checked: Aug 31 at 2:07AM
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 MacKenzie Commercial Real Estate - Corporate
Investment Insights
Based on property information with market context.
This 2,315-square-foot bank building includes a 3-lane drive-thru and existing pylon signage. The improvements are positioned for commercial use at a signalized intersection, with curb cuts connecting to both Revolution Street and S. Juniata Street.
The property is located catty-corner from a Royal Farms gas and convenience store and is within a designated Opportunity Zone. Its combination of a drive-thru component, visible signage, and two-street access provides a defined physical configuration for the site.
The property is located catty-corner from a Royal Farms gas and convenience store and is within a designated Opportunity Zone. Its combination of a drive-thru component, visible signage, and two-street access provides a defined physical configuration for the site.
Key Highlights
- 2,315‑square‑foot bank building
- 3‑lane drive‑thru
- Existing pylon signage
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$32,766
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.24%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$655,320
$655.3K
Cap Rate 7%
$468,086
$468.1K
Cap Rate 9%
$364,067
$364.1K
Market Conditions
NOI Build-Up for 2,315 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$50.0K $21.60/SF
− Vacancy
−$3.2K −$1.38/SF
EGI
$46.8K $20.22/SF
− OpEx
−$14.0K −$6.07/SF
NOI
$32.8K $14.15/SF
Area
Harford County, MD
Vacancy
6.39%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$655,320
Cap Rate 7%
$468,086
Cap Rate 9%
$364,067
Alternative Uses
Best Use
Retail
$468.1K
$409.6K – $546.1K
NOI $32,766 @ 7.0% cap · market cap 5.24%
Second Best
Specialty Retail
$385.9K
$337.7K – $450.2K
NOI $27,012 @ 7.0% cap · market cap 4.32%
Theoretical Best
Office A
$814.6K
$712.7K – $950.3K
NOI $57,019 @ 7.0% cap · market cap 9.12%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,078
Businesses Nearby
45k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 69%
Dining 20%
Home Improvements & Furnishings 11%
Royal Farms
Shops & Services
9,811 visits/mo
0.1 miles
Burger King
Dining
9,134 visits/mo
0.4 miles
BP
Shops & Services
6,765 visits/mo
0.5 miles
Dollar General
Shops & Services
6,514 visits/mo
0.4 miles
Harbor Freight Tools
Home Improvements & Furnishings
5,064 visits/mo
0.4 miles
Demographics for 21078, MD
20,321
Population
8,760
Households
2.3
Avg Household Size
46
Median Age
41%
College-Educated
93%
High-School Grad
30.1 sq mi
ZIP Area
675
Density / Sq Mi
$109,451
Median Household Income
$53,942
Median Earnings
$1,331
Median Rent
$355,500
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Bank - Signalized-corner property with pylon signage and access from two streets.
Where is this bank located?
The property is located at 800 Revolution St Havre de Grace, MD.
What is the asking price?
The asking price for this property is $625,000.
What are key features of this property?
This property features: 2,315‑square‑foot bank building; 3‑lane drive‑thru; Existing pylon signage
