106 Eastern Blvd Baltimore, MD 21221-7020
- Retail space
- 3,732 SF
- 0.47 lot acres
Current Use by Public Records
- Fruitland Produce Market LLC / Produce Market
- NAIL care and spa / Nail Salon
Property Details for 106 Eastern Blvd
- Construction
- BRICK
- Lot size
- 0.47 lot acres
- Property size
- 3,732 SF
- Zone code
- BRCS1
- Property type
- Retail space
- APN
- 15-1511151400
- APU
- 151511151400
Description
Exceptional opportunity to acquire the Fruitland Produce Market, a well-established business operating for over 50 years in Essex, Maryland. This sale includes both the thriving business and the accompanying 3,732 square foot building located at 106 Eastern Blvd, zip code 21221. The asking price is $650,000, representing a price per square foot of $174.17. This presents a unique chance to inherit a reputable, community-trusted brand, or to redevelop the property entirely. The current owner is retiring and offers flexibility
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $375,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $345,000
- 6.5%
- $310,000
- 7%
- $335,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $285,000
- Geo Method
- $325,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $390,000
- Retail
- $385,000
- Mixed-Use
- $345,000
- Hospitality
- $355,000
- Educational
- $315,000
- Residential Income
- $285,000
- Energy
- $345,000
- Income-Based Land
- $290,000
- Food Service
- $315,000
Location Insight
- Map
- Local Demand
- City
- Baltimore
- County
- Baltimore
- State
- Maryland
- Longitude
- -76.4839
- Latitude
- 39.3049
- CBSA code
- 12580
- CBSA name
- BALTIMORE-TOWSON, MD METROPOLITAN STATISTICAL AREA