Bank Branch Drive-Thru
801 Elkridge Landing Rd Linthicum Heights, MD 21090
For Sale
Contact for pricing
Existing bank branch with a two-lane drive-thru and approximately 250 feet of frontage on Elkridge Landing Road.
Property Size2,918 SF
Price / SF$514.05
Days on Market1037
Property Features for 801 Elkridge Landing Rd
General Information
Standard status
Active
Size
2,918 SF
Property subtype
RETAIL
Listing Agency:
MacKenzie Commercial Real Estate - Corporate
(410) 494-4860
Listed By:
Tom Fidler
Source:
Moodyscre
Added: Sep 28, 2023
Changed: Jul 26
Last Checked: Jul 29 at 1:47PM
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.
The property at 801 Elkridge Landing Road is an existing bank branch retail pad site offering approximately 2,918 square feet. It features a two-lane drive-thru designed for customer access and service. This site is presented for sale or lease, and prospective tenants and buyers can review details in the provided brochure.
The site is situated on a highly visible corner location with approximately 250 feet of frontage on Elkridge Landing Road. This combination of drive-thru access and frontage supports straightforward customer traffic flow.
For more information on availability and operating details, please consult the property brochure.
The site is situated on a highly visible corner location with approximately 250 feet of frontage on Elkridge Landing Road. This combination of drive-thru access and frontage supports straightforward customer traffic flow.
For more information on availability and operating details, please consult the property brochure.
Key Highlights
- 2,918 SF retail pad site at 801 Elkridge Landing Road, available for sale/lease
- Existing bank branch with a 2‑lane drive‑thru
- Highly visible corner location with 250 ft ± frontage on Elkridge Landing Road
Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $64.1k | $21.96 |
| − Vacancy | −$2.2k | −$0.77 |
| EGI | $61.8k | $21.19 |
| − OpEx | −$15.5k | −$5.30 |
| NOI | $46.4k | $15.89 |
2,918 SF · lease $21.96/SF/yr · vacancy 3.50% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$662.5K
$579.7K – $773.0K
NOI $46,377 @ 7.0% cap · market cap 3.09%
Second Best
Retail
$590.0K
$516.3K – $688.4K
NOI $41,301 @ 7.0% cap · market cap 2.75%
Theoretical Best
Office A
$853.6K
$746.9K – $995.9K
NOI $59,751 @ 7.0% cap · market cap 3.98%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Bank - Existing bank branch with a two-lane drive-thru and approximately 250 feet of frontage on Elkridge Landing Road.
Where is this bank located?
The property is located at 801 Elkridge Landing Rd Linthicum Heights, MD.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: 2,918 SF retail pad site at 801 Elkridge Landing Road, available for sale/lease; Existing bank branch with a 2‑lane drive‑thru; Highly visible corner location with 250 ft ± frontage on Elkridge Landing Road
