Assisted Living
For Sale
$2,000,000
9619 PULASKI HIGHWAY, Baltimore, MD 21220
Property offering flexible potential for assisted living, lodging, office, and other commercial applications.
Property Size6,719 SF
Price / SF$297.66
Days on Market50
Property Features for 9619 PULASKI HIGHWAY
General Information
Standard status
Active
Size
6,719 SF
Property subtype
Commercial
Building Details
Year Built
1955
Listing Agency:
Eagle Commercial Realty
(410) 426-2700
Listed By:
Joseph Zorzit · License #5020659
(410) 663-9444
Source:
Cummingsrealtors
Added: Sep 8
Changed: Oct 27
Last Checked: Oct 26 at 3:59PM
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 Eagle Commercial Realty
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Investment Insights
Based on property information with market context.
This 6,719-square-foot property was built in 1955 and is identified as an assisted living facility. The asset is also presented for potential hotel, motel, office, and other commercial uses.
The property is located at 9619 Pulaski Highway in Baltimore, Maryland 21220. Its existing scale and stated use flexibility support consideration across assisted living, hospitality, and office categories.
The property is located at 9619 Pulaski Highway in Baltimore, Maryland 21220. Its existing scale and stated use flexibility support consideration across assisted living, hospitality, and office categories.
Key Highlights
- 6,719‑square‑foot property
- Built in 1955
- Presented for assisted living use
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$93,413
Cap Rate
4.67%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,868,260
$1.9M
Cap Rate 7%
$1,334,471
$1.3M
Cap Rate 9%
$1,037,922
$1.0M
Market Conditions
NOI Build-Up for 6,719 SF
Gross rent
$149.2K $22.20/SF
− Vacancy
−$24.6K −$3.66/SF
EGI
$124.6K $18.54/SF
− OpEx
−$31.1K −$4.63/SF
NOI
$93.4K $13.90/SF
Area
Baltimore, MD
Vacancy
16.50%
Lease Rate
$22.20 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,868,260
Cap Rate 7%
$1,334,471
Cap Rate 9%
$1,037,922
Alternative Uses
Best Use
Office B
$1.33M
$1.17M – $1.56M
NOI $93,413 @ 7.0% cap · market cap 4.67%
Second Best
Apartment 5plus
$1.25M
$1.09M – $1.46M
NOI $87,538 @ 7.0% cap · market cap 4.38%
Theoretical Best
Office A
$1.61M
$1.41M – $1.88M
NOI $112,678 @ 7.0% cap · market cap 5.63%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
504
Businesses Nearby
Under-served
Demand for This Use
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Business Placement
Demographics for 21220, MD
44,568
Population
17,960
Households
2.5
Avg Household Size
38
Median Age
26%
College-Educated
89%
High-School Grad
21.2 sq mi
ZIP Area
2,102
Density / Sq Mi
$79,676
Median Household Income
$50,215
Median Earnings
$1,621
Median Rent
$279,900
Median Home Value
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Market
Vacancy Rate% for Office in Baltimore, MD
Similar Off Market Nearby
- Park View at Miramar Landing — 705 Compass Rd E, Middle River, MD 21220
Frequently Asked Questions
What type of property is this?
Assisted living facility - Property offering flexible potential for assisted living, lodging, office, and other commercial applications.
Where is this assisted living facility located?
The property is located at 9619 PULASKI HIGHWAY Baltimore, MD.
What is the asking price?
The asking price for this property is $2,000,000.
What are key features of this property?
This property features: 6,719‑square‑foot property; Built in 1955; Presented for assisted living use
