Property profile

101 Chesapeake Ave Baltimore, MD 21225

OFF-MARKET
Retail space
Property ID
US40-1257136
800 SF 0.11 ac lot Built 1990
Individually Owned 9-yr Hold Free & Clear
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Property summary

AI-generated overview

The Chesdel Building, located at 101 E Chesapeake Ave in Towson, Maryland, offers exceptional Class A office space. This 37,000 square foot building provides multiple tenancy options, with available suites ranging from a minimum of 784 square feet to a maximum contiguous space of 3,633 square feet. A total of 4,417 square feet is currently vacant and ready for immediate occupancy. The building is situated in the heart of Towson, providing convenient access to a variety of amenities and ample parking. Each office suite boasts large windows, allowing for abundant natural light, and features functional existing improvements, ensuring a productive and comfortable work environment. The building's prime location in Baltimore County, Maryland (zip code 21286), offers easy access to major transportation routes and a vibrant business community. This is an excellent opportunity for businesses seeking high-quality office space in a desirable location. The building's executive office subtype caters to businesses seeking a professional and sophisticated image. Contact us today to schedule a viewing and explore the possibilities.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1990
Construction BRICK
Total area 800 SF
Lot 0.11 ac (4,733 SF)
Zoning code C-2
APN 25-06-7037B-005
UPID US40-1257136

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Physician
  • Physician Medical Clinic
  • Physician Medical Clinic
  • Law Firm
  • Law Firm

Location

101 Chesapeake Ave Baltimore, MD 21225-1862
Baltimore metro Census 250401 BALTIMORE-TOWSON, MD METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$220k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$220k

Owner & transaction history

since 2016
4 recorded transactions
2016
$91,000
2014
$150,000
2014
$129,000
1969
Price N/A

Zoning & alternative use

C-2 · Baltimore, MD
Zoning description

01 Commercial Districts (C-1 to C-4) - Bulk and Yard Regulations Baltimore City Code Table 10-401 Commercial Districts (C-1 to C-4) - Bulk and Yard Regulations Categories Specifications (Per District) C-1 C-1-VC 1 C-1-E…

General category COMMERCIAL

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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