6711 Holabird Ave Baltimore, MD 21222
- Retail space
- 2,926 SF
- 0.12 lot acres
Current Use by Public Records
- Retail space
Property Details for 6711 Holabird Ave
- Year built
- 1933
- Construction
- BRICK
- Lot size
- 0.12 lot acres
- Property size
- 2,926 SF
- Zone code
- C-1
- Property type
- Retail space
- APN
- 26-01-6925 -020
- APU
- 26016925020
Description
This exceptional retail property, located at 6711 Holabird Avenue in Baltimore, MD's Graceland Park neighborhood (near Dundalk), presents a compelling investment opportunity. Boasting 2,926 square feet on a 0.12-acre lot, this property benefits from its high-visibility location on Holabird Avenue, a major thoroughfare with a reported 14,323 cars passing daily. Its strategic position offers easy access to Dundalk Avenue, I-95, and the Baltimore Beltway (I-695), ensuring convenient access for both customers and employees. The surrounding area features a diverse mix of businesses, including well-known establishments such as Jimmy's Famous Seafood, Squires Italian Restaurant, and Johns Hopkins facilities, along with other retail, dining, office, religious, and service providers. The property's proximity to industrial areas, including the ports and marine terminals, provides a strong potential customer base. Further enhancing its appeal, this property is situated within both an Opportunity Zone and a Baltimore City Enterprise Zone, offering significant tax and employment incentives for owners and businesses. The property is being offered via auction, with online bidding opening February 4, 2025, and a live auction on February 6, 2025, at 12:00 noon. The listed price represents the opening bid.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $240,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $240,000
- 6.5%
- $255,000
- 7%
- $230,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $255,000
- Geo Method
- $280,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $265,000
- Retail
- $240,000
- Mixed-Use
- $250,000
- Hospitality
- $215,000
- Educational
- $255,000
- Residential Income
- $255,000
- Energy
- $225,000
- Income-Based Land
- $205,000
- Food Service
- $275,000
Location Insight
- Map
- Local Demand
- City
- Baltimore
- County
- Baltimore City
- State
- Maryland
- Longitude
- -76.5301
- Latitude
- 39.2722
- CBSA code
- 12580
- CBSA name
- BALTIMORE-TOWSON, MD METROPOLITAN STATISTICAL AREA