Property profile

696a Bel Air Rd Bel Air, MD 21014

OFF-MARKET
Retail properties & Spaces
503,774 SF Built 1973
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Property summary

AI-generated overview

Harford Mall offers exceptional office and retail opportunities in Harford County, Maryland. This 503,774 square foot property, built in 1973 and renovated in 2006, features multiple tenancy options ranging from 842 to 7,306 square feet. The property boasts a prime location at the intersection of US Highway 1 and MD Route 24, a high-traffic area with over 85,000 vehicles passing daily. The mall itself includes 60 specialty stores, including national brands like American Eagle, Bath & Body Works, and Justice. An open-air annex features Best Buy, PetSmart, and Office Depot. The property benefits from its location in the Greater Baltimore region, along I-95, providing access to major East Coast and Mid-Atlantic markets. The strong local economy is supported by major employers such as Aberdeen Proving Ground, Harford Community College (10,000+ students), the University of Maryland Medical System, and numerous retail and corporate entities. The area's robust population, including a large student population from 11 area high schools (12,000+ students), contributes to significant consumer spending power. Ample parking is available with 2,545 spaces. A former Sears building is slated for future grocery-anchored redevelopment by SJC Ventures. This property presents a unique opportunity to establish a presence in a thriving retail and commercial hub.

Property profile

Verified
Property type Retail properties & Spaces
Year built 1973
Total area 503,774 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Industrial Manufacturer Production Facility
  • Training Center
  • HVAC Service
  • (Bike/Boat/Book/etc) Store Clothing & Fashion Store
  • (Bike/Boat/Book/etc) Store

Location

696a Bel Air Rd Bel Air, MD 21014
Bel Air metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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