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    6200 Harford Rd Baltimore, MD 21214

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    Baltimore Auto Shop & Office - Subject to Offer

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This Baltimore, MD retail property at 6200 Harford Road, zip code 21214, presents a compelling investment opportunity. The property consists of two units operating under a double net (NN) lease structure, providing stable and predictable income streams. Long-term lease agreements are in place for both units, significantly mitigating vacancy risk and ensuring consistent rental income. Tenants are responsible for property taxes and insurance, minimizing the owner's financial burden. The property's prime location on Harford Road offers exceptional visibility and accessibility, attracting a substantial customer base. Its strategic placement near banks and ATMs further enhances its appeal to both tenants and customers. This high-traffic location ensures consistent demand for retail and service businesses. The property's combination of stable income, favorable lease terms, and excellent location makes it an attractive investment prospect for those seeking reliable returns in the Baltimore real estate market. The asking price is subject to offer.

    Property Features for 6200 Harford Rd

    General Information

    Property type
    Automotive properties

    HighLights

    • High‑visibility retail property located at 6200 Harford Rd, Baltimore, MD 21214.
    • Two‑unit retail building with long‑term, double net (NN) leases providing stable income.
    • Excellent location on a major thoroughfare with high traffic counts and strong visibility.
    • Convenient proximity to banks and ATMs.
    • Subject to offer.
    Property Profile Location Intelligence

    Current Use by Public Records

    Mountain-Fire-Miracles Ministries Religious Organization MFM Association / Organization

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Baltimore
    County
    Baltimore
    State
    Maryland
    Longitude
    -76.555614
    Latitude
    39.3596546

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    FAQs

    What type of property is this?
    Automotive property - Baltimore Auto Shop & Office - Subject to Offer
    Where is this automotive property located?
    The property is located at 6200 Harford Rd Baltimore, MD.
    What are key features of this property?
    This property features: High-visibility retail property located at 6200 Harford Rd, Baltimore, MD 21214.; Two-unit retail building with long-term, double net (NN) leases providing stable income.; Excellent location on a major thoroughfare with high traffic counts and strong visibility.
    Request Owner's contact information
    6200 Harford Rd Baltimore, MD 21214
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    Baltimore, MD 21214
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    Realmo Value Estimation

    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.

    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.

    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
    6200 Harford Rd Baltimore, MD 21214
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