6815 Golden Ring Rd Rosedale, MD 21237
- Commercial real estate
- 1,550 SF
- 0.21 lot acres
Current Use by Public Records
- Tennis courts / Tennis Court
- J & L Plumbing & Heating / Plumber
Property Details for 6815 Golden Ring Rd
- Year built
- 1920
- Lot size
- 0.21 lot acres
- Property size
- 1,550 SF
- Zone code
- RO
- Property type
- Commercial real estate
- APN
- 14-1405061050
- APU
- 141405061050
Description
This exceptional mixed-use property at 6815 Golden Ring Road, Rosedale, MD, presents a unique investment opportunity. Spanning 1,550 square feet on a 0.22-acre lot, this building offers versatile zoning (Residential/RO Commercial) and excellent visibility from Golden Ring Road. Previously utilized as a combined residential and commercial space, the property boasts a proven track record of generating rental income. The upper level has the potential for a separate entrance, while the main level features both front and back entrances, and the lower level has its own separate access. Each level includes a bathroom. Recent upgrades significantly enhance the property's value and functionality. These improvements, completed in 2020 and 2024, include a new roof, updated kitchen, replacement windows, fresh carpet and paint, and comprehensive plumbing and electrical system upgrades (supporting documentation available). The HVAC system was replaced in 2014. Utility costs are remarkably low, averaging $297 monthly for gas and electricity, and $24.54 quarterly for water. The seller is highly motivated, making this an exceptional opportunity for a quick sale. The property is being sold "as is," and financing is limited to cash or conventional loans. All major issues identified in a previous home inspection have been addressed, and receipts are included in the disclosures. Don't miss this chance to acquire a profitable mixed-use property in a desirable location.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $285,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $265,000
- 6.5%
- $315,000
- 7%
- $320,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $335,000
- Geo Method
- $335,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $320,000
- Retail
- $255,000
- Mixed-Use
- $280,000
- Hospitality
- $300,000
- Educational
- $245,000
- Residential Income
- $290,000
- Energy
- $260,000
- Income-Based Land
- $285,000
- Food Service
- $275,000
Location Insight
- Map
- Local Demand
- City
- Baltimore
- County
- Baltimore
- State
- Maryland
- Longitude
- -76.4972
- Latitude
- 39.334
- CBSA code
- 12580
- CBSA name
- BALTIMORE-TOWSON, MD METROPOLITAN STATISTICAL AREA
