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    119 Bel Air Ave Aberdeen, MD 21001

    Sponsored
    For Lease
    $14 SF/Yr ($6,000 /Mo)

    5,000 SF Pharmacy Space Available

    Lot size:
    5,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 5,000 square foot retail space, located at 119 W Bel Air Ave in Aberdeen, Maryland, presents a unique investment opportunity. Built in 2005, this single-story building sits on a 2.87-acre lot and boasts a 400 AMP power supply. The property is zoned TOD, reflecting its strategic location near major transportation arteries. Currently vacant, this fully built-out space is ideal for a pharmacy or similar retail use. The high-traffic location sees 11,730 cars daily, and the property benefits from proximity to the intersection of Routes 40 and 22, serving a population of 54,000 within a 5-mile radius. The lease rate is $6,000 per month, NNN. This property offers significant potential for a discerning tenant seeking a well-situated, ready-to-occupy retail space in a thriving Harford County market. The property's single-tenant occupancy and ample parking further enhance its appeal. The building's single-story design and substantial square footage provide flexibility for various retail configurations. This is a rare opportunity to secure a prime retail location in a high-demand area. The property's zoning and location make it an attractive proposition for businesses seeking high visibility and accessibility. The 21001 zip code ensures a strong local customer base.

    Property Features for 119 Bel Air Ave

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    5,000 SF
    Total Rate
    6000

    Building Details

    Year Built
    2005
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Size
    5,000 SF
    Rate per SF
    $14

    HighLights

    • 5,000 SF retail space at 119 W Bel Air Ave, Aberdeen, MD, built in 2005.
    • Located on a 2.87‑acre lot, zoned TOD, near Routes 40 & 22.
    • High‑traffic location (11,730 cars daily), serving a 5‑mile radius population of 54,000.
    • $6,000/month NNN lease rate.
    • Features include: 50' x 100' building, signage, 10' drop ceilings, rooftop HVAC, 13 private parking spaces, 2‑200 amp electric panels, 2 private offices, full kitchen, and 2 bathrooms.
    Property Profile Location Intelligence

    Current Use by Public Records

    Johnson Family Pharmacy Pharmacy TheNutRoasters, LLC Caterer

    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
    Aberdeen
    County
    Harford
    State
    Maryland
    Longitude
    -76.166329856656
    Latitude
    39.510283519393

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    FAQs

    What type of property is this?
    Retail property - 5,000 SF Pharmacy Space Available
    Where is this retail property located?
    The property is located at 119 Bel Air Ave Aberdeen, MD.
    What is the lease rate?
    The lease rate is $14 SF/Yr.
    What are key features of this property?
    This property features: 5,000 SF retail space at 119 W Bel Air Ave, Aberdeen, MD, built in 2005.; Located on a 2.87-acre lot, zoned TOD, near Routes 40 & 22.; High-traffic location (11,730 cars daily), serving a 5-mile radius population of 54,000.
    Request Owner's contact information
    119 Bel Air Ave Aberdeen, MD 21001
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    Aberdeen, MD 21001
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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
    119 Bel Air Ave Aberdeen, MD 21001
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