Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    9707 Pulaski Hwy Middle River, MD 21220

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $1,100,000

    1.37 acre commercial property with redevelopment potential on Pulaski Highway.

    Lot size:
    1.00 Acre

    Property Features for 9707 Pulaski Hwy

    General Information

    Standard status
    Active
    Lot size
    1.00 Acre

    Building Details

    Year built
    1980

    We can help!

    Listing Contact
    Htun Win Naing
    Source: Corcoran

    Listing Agency: GHIMIRE HOMES Listing Agent: Htun Win Naing

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Pulaski Highway Commercial Redevelopment Opportunity

    Located on Pulaski Highway (Route 40) in Middle River/White Marsh, this commercial property offers immediate use and redevelopment potential. The site spans 1.37 acres across two parcels, featuring approximately 275 feet of direct frontage on Route 40, ensuring visibility with over 27,000 vehicles passing daily. The property includes a 2,970 square foot two-story building suitable for office, medical, or service use. This existing structure allows for income generation while planning redevelopment. Architectural and site plans for a 7,000 square foot retail center, divided into three units, are complete and ready for submission to Baltimore County for approval. These plans will be provided to the buyer, making the property development-ready for new retail, restaurant, medical office, or service-based businesses. Zoned Business Local (BL) and Automotive Service (ML-AS), the site accommodates various uses, including retail, quick-service with drive-thru, office, medical, convenience, or automotive services. With access to I-95, I-695, and White Marsh, the location benefits from strong demographics and commercial growth.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Middle River
    County
    Baltimore
    State
    Maryland
    Longitude
    -76.3996
    Latitude
    39.3459

    Nearby Similar for Sale

    • Contact for pricing
      3,500 SF

      Auto Repair Shop with Yard

      3,500 SF auto repair shop with fenced yard.
      2010 Eastern Blvd, Middle River, MD
      View Details
    • Contact for pricing
      23,004 SF

      Fully Leased Retail Strip Center

      Multi-tenant strip center in Middle River, MD, fully leased.
      105 Beacon Rd, Middle River, MD
      View Details
    • $650,000

      Kingston Park Land For Sale

      Land available in Kingston Park, Middle River.
      78 W Kingston Park Ln, Middle River, MD 21220
      View Details
    • $399,000

      BIRD RIVER Rd Land Opportunity

      Land available on BIRD RIVER Rd, Middle River, MD 21220
      9900 Bird River Rd, Middle River, MD 21220
      View Details
    • $489,900

      ISLINGTON St Specialty Property

      Specialty property available for sale in Middle River, MD.
      6251 Islington St, Middle River, MD 21220
      View Details
    • $475,000

      Middle River Specialty Property For Sale

      Specialty property available in Middle River, Maryland.
      5 Snug Lagoon Ct, Middle River, MD 21220
      View Details
    • $260,000

      Honeycomb Road Specialty Property

      Specialty property available for sale on Honeycomb Road.
      33 Honeycomb Rd, Middle River, MD 21220
      View Details
    • $254,900

      Middle River Specialty Property

      Specialty property available for sale in Middle River, Maryland.
      6 Gyro Dr, Middle River, MD 21220
      View Details
    • $1,248,800

      Specialty Property For Sale

      Specialty property available for purchase.
      6410 Paddington St, Middle River, MD 21220
      View Details
    • $1,030,000

      Paddington Street Specialty Property

      Specialty property available for sale in Middle River, MD.
      6408 Paddington St, Middle River, MD 21220
      View Details
    • $299,000

      Middle River Specialty Property

      Specialty property available for sale in Middle River, Maryland.
      1013 Cord St, Middle River, MD 21220
      View Details
    • $529,990

      Land for Sale

      Land available for sale.
      Homesite 3C.0003 Greenleigh Ave, Middle River, MD 21220
      View Details

    FAQs

    What type of property is this?
    Commercial land - 1.37 acre commercial property with redevelopment potential on Pulaski Highway.
    Where is this commercial land located?
    The property is located at 9707 Pulaski Hwy Middle River, MD.
    What is the asking price?
    The asking price for this property is $1,100,000.
    What are key features of this property?
    This property features: - Development-ready: Architectural and site plans included for a 7,000 SF retail center.; - **Prime location:** 1.37 acres with 275 feet of frontage on Pulaski Highway (Route 40), high visibility with 27,000+ vehicles per day.; - Flexible zoning: Zoned Business Local (BL) and Automotive Service (ML-AS), supporting a wide range of uses.
    (443) 629-1832
    Request Owner's contact information
    9707 Pulaski Hwy Middle River, MD 21220
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    9707 Pulaski Hwy
    Middle River, MD 21220
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    9707 Pulaski Hwy Middle River, MD 21220
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Htun Win Naing
    (443) 629-1832 (410) 497-5238
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!