Property profile

1041 Baltimore Blvd Westminster, MD 21157

FOR SALE
Office buildings
Property ID
US40-1454581
2,184 SF 2.1 ac lot Built 1978
Individually Owned 18-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional 3,640 square foot commercial property, situated on a generous 2.1-acre lot at 1041 Baltimore Boulevard in Westminster, Maryland, presents a unique investment opportunity. Boasting unparalleled visibility on MD Route 140, this property enjoys some of the best exposure in all of Carroll County. Currently generating income from a billboard, the property's potential extends far beyond this existing revenue stream. The C-2 zoning allows for a wide range of commercial uses, providing flexibility for future development or expansion. The substantial lot size offers ample space for parking, outdoor displays, or additional structures. The property's strategic location and high traffic count make it an ideal site for businesses seeking maximum visibility and accessibility. This is a rare opportunity to acquire a well-positioned commercial property with existing income and significant upside potential in a thriving Carroll County market. The property's size and zoning provide a solid foundation for a variety of commercial ventures, making it an attractive investment for both established businesses and forward-thinking entrepreneurs. Serious inquiries are encouraged to explore the possibilities this exceptional property offers.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1978
Construction BRICK
Total area 2,184 SF
Lot 2.1 ac (91,476 SF)
Zoning code C-2
APN 07-029721
UPID US40-1454581

Cap rate & NOI

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

Location

1041 Baltimore Blvd Westminster, MD 21157
Westminster metro Census 507602 BALTIMORE-TOWSON, MD METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$225k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$365k

Owner & transaction history

since 2007
1 recorded transaction
2007
Price N/A

Zoning & alternative use

C-2 · Westminster, MD

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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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