205 Joppa Rd Towson, MD 21286
- Commercial real estate
- 1,402 SF
- 0.03 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 205 Joppa Rd
- Lot size
- 0.03 lot acres
- Property size
- 1,402 SF
- Zone code
- BMCT
- Property type
- Commercial real estate
- APN
- 09-1700002553
- APU
- 91700002553
Description
This 1,450 square foot, single-tenant commercial space at 205 E Joppa Rd #105 in Towson, Maryland is available for lease. Built in 1975, this one-story building offers 1,388 square feet of vacant space, ideal for a variety of uses, including medical offices. Currently configured as a chiropractic office, the space includes features such as three private offices, a spacious open area suitable for a collaborative work environment or cubicles, a waiting room/lobby, a reception area, and two and a half bathrooms. A key feature is a designated area for X-rays, making it particularly attractive to medical professionals. The suite boasts two entrances, one providing direct access and another connecting to the main building. Three parking spaces are available. The property is zoned BMCT and its APN is 04091700002555. Its prime location offers easy access to local amenities, public transportation, and major highways. A triple net lease adds approximately $425 per month to the rental cost. This versatile space presents an excellent opportunity for businesses seeking a prominent Towson location.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $185,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $185,000
- 6.5%
- $185,000
- 7%
- $170,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $165,000
- Geo Method
- $170,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $165,000
- Retail
- $210,000
- Mixed-Use
- $160,000
- Hospitality
- $155,000
- Educational
- $180,000
- Residential Income
- $190,000
- Energy
- $160,000
- Income-Based Land
- $175,000
- Food Service
- $180,000
Location Insight
- Map
- Local Demand
- City
- Towson
- County
- Baltimore
- State
- Maryland
- Longitude
- -76.5986
- Latitude
- 39.4009
- CBSA code
- 12580
- CBSA name
- BALTIMORE-TOWSON, MD METROPOLITAN STATISTICAL AREA