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    1530 Joppa Rd Towson, MD 21286

    • Retail space
    • 28,240 SF
    • 2.20 lot acres
    For Lease
    View listing
    Value Estimation
    $860,000
    Last Sale
    Apr 14, 2023
    Location Intelligence
    Property ID
    US40-1224102
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Retail space

    Property Details for 1530 Joppa Rd

    Year built
    1963
    Construction
    BRICK
    Lot size
    2.20 lot acres
    Property size
    28,240 SF
    Zone code
    BRCNS
    Property type
    Retail space
    APN
    09-0908008200
    APU
    90908008200

    Description

    This exceptional retail property, located at 1530 E Joppa Rd in Towson, Maryland, offers a rare opportunity for businesses seeking significant space in a high-traffic area. The property boasts a total of 56,745 square feet across two suites, situated on a generous 2.25-acre lot. Each suite offers substantial space, with a minimum divisible area of 28,317 square feet and a maximum contiguous space of 28,428 square feet, providing flexibility for various retail concepts. The building is a two-story structure, currently entirely vacant, presenting a blank canvas for a new tenant or tenants to customize. The property's prime location in Towson, Baltimore County (zip code 21286), ensures high visibility and accessibility for customers. This is an ideal opportunity for a large-scale retailer or a business requiring significant space to expand operations. The property is currently available for lease. The property's size and location make it a highly desirable asset in a thriving commercial market. Serious inquiries are encouraged.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $850,000

    • CAP approach

      CAP return
      Estimation
      6%
      $890,000
      6.5%
      $855,000
      7%
      $845,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $950,000
      Geo Method
      $920,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,045,000
      Retail
      $1,035,000
      Mixed-Use
      $995,000
      Hospitality
      $790,000
      Educational
      $785,000
      Residential Income
      $870,000
      Energy
      $820,000
      Income-Based Land
      $990,000
      Food Service
      $925,000

    Location Insight

    • Map
    • Local Demand
    City
    Towson
    County
    Baltimore
    State
    Maryland
    Longitude
    -76.5683
    Latitude
    39.3973
    CBSA code
    12580
    CBSA name
    BALTIMORE-TOWSON, MD METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $18,915
    $1,320,000
    $1,180,000
    $2,500,000
    -
    $1,320,000
    $1,180,000
    $2,500,000

    Comparable in this City

    • Value Estimation by Request
      6,800 SF

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      View Details
    • Value Estimation
      $3,465,000
      11,245 SF

      6834 Loch Raven Blvd

      RETAIL STORES (PERSONAL SERVICES) • 11,245 SF
      6834 Loch Raven Blvd, Baltimore, MD 21286-8301
      View Details
    • Value Estimation
      $265,000
      1,545 SF

      8646 Loch Raven Blvd

      RETAIL STORES (PERSONAL SERVICES) • 1,545 SF
      8646 Loch Raven Blvd, Baltimore, MD 21286-2307
      View Details
    • Value Estimation by Request
      1,200 SF

      8632 Loch Raven Blvd

      RETAIL STORES (PERSONAL SERVICES) • 1,200 SF
      8632 Loch Raven Blvd, Towson, MD 21286-2307
      View Details
    • Value Estimation by Request
      3,890 SF

      207 Joppa Rd

      RETAIL STORES (PERSONAL SERVICES) • 3,890 SF
      207 Joppa Rd, Baltimore, MD 21286-3202
      View Details
    • Value Estimation by Request
      5,345 SF

      8631 Loch Raven Blvd

      RETAIL STORES (PERSONAL SERVICES) • 5,345 SF
      8631 Loch Raven Blvd, Towson, MD 21286-2306
      View Details

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    Similar Nearby for Lease

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      Prime Towson Retail Space

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    1530 Joppa Rd
    Towson, MD 21286
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    Realmo Value Estimation

    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.

    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.

    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
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