Property profile

12 Mellor Ave Catonsville, MD 21228

OFF-MARKET
Retail properties & Spaces
1,800 SF Built 1978
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Property summary

AI-generated overview

This exceptional mixed-use property at 12 Mellor Ave, Catonsville, MD 21228, offers 1,800 square feet of vacant space, perfect for a variety of uses. Currently zoned BL-CCC, this two-story building, constructed in 1978, presents a unique opportunity for a savvy investor or business owner. The asking price is $500,000, translating to $277.78 per square foot. The property's ideal location in Catonsville provides easy access to major roadways like Frederick Road and I-695, ensuring high visibility and convenient access for customers and employees. The building's previous use as a restaurant makes it particularly well-suited for a quick-service restaurant (QSR), fast food establishment, or similar food service operation. Alternatively, the flexible space could accommodate a variety of other businesses. The property is situated in a vibrant community with a blend of residential and commercial properties, creating a dynamic environment for growth and success. This is a second-generation restaurant space ready for your vision. The single unit is currently vacant and awaiting its next chapter. Don't miss this chance to own a prime piece of Catonsville real estate.

Property profile

Verified
Property type Retail properties & Spaces
Year built 1978
Total area 1,800 SF

Cap rate & NOI

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

Location

12 Mellor Ave Catonsville, MD 21228
Catonsville metro
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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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