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Property profile & analytics

620 Boulton St Bel Air, MD 21014-4255

  • Office buildings
  • 21,008 SF
  • 1.22 lot acres
OFF-MARKET
Last Sale
May 20, 2025
$2,500,000
Value Estimations
$3,165,000
Show details
Cap Rate Potential
5%
Office buildings
Location Intelligence
Property ID
US40-0719777
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Belinda Weinberg / Optometrist
  • Johns Hopkins Pediatric Ophthalmology / Pediatric Ophthalmologist
  • Sandra R Rozar OD / Ophthalmologist
  • Dr. Edward Kuwera / Health Care Facility
  • Corea Richard T OD / Optometrist

Property Details for 620 Boulton St

Year built
1986
Construction
BRICK
Lot size
1.22 lot acres
Property size
21,008 SF
Zone code
M1
Property type
Office buildings
APN
03-010937
APU
3010937

Description

This exceptional 20,000-square-foot medical office building in Bel Air, MD, presents a rare investment opportunity. The property, constructed in 1986 and renovated in 2012, features two suites totaling 20,000 square feet, currently fully vacant. The minimum divisible space is 10,000 square feet, with a maximum contiguous space of 20,000 square feet. The building boasts a Class B rating, two stories, and an elevator. Situated on 1.22 acres of land, it includes ample parking with 70 spaces on-site and an additional 30 spaces in a rear lot. The building's zoning is B3. Its prime location in Bel Air offers high visibility, with 13,000 cars passing daily on Boulton Street and 42,000 cars daily on nearby Route 24. The property benefits from its proximity to national retailers, Harford Mall, new developments, and the University of Maryland Upper Chesapeake Medical Center. The building's design includes 15,000 square feet of clinic space and a 5,000-square-foot ambulatory surgical center. Numerous improvements have been made since 2015. This turnkey property offers a proven track record of medical success and is ideal for an end-user seeking to establish or expand their presence in the thriving Bel Air market. The property is available for sale or lease.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    Statistic approach
    $3,165,000
  • CAP approach

    CAP Return
    Estimation
    6%
    $2,620,000
    6.5%
    $2,415,000
    7%
    $2,245,000
  • Comparable approach

    Method
    Estimation
    Statistic Estimate
    $4,346,000
    Market price range: $3.45M - $5.64M
    AI Estimate
    $3,486,000
    Market price range: $2.63M - $5.01M

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Bel Air
County
Harford
State
Maryland
Longitude
-76.3604
Latitude
39.5266
CBSA code
12580
CBSA name
BALTIMORE-TOWSON, MD METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$34,014
$0.00
$0.00
$3,893,267
-
$1,342,000
$3,201,800
$4,543,800
More about this property
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