119 Bel Air Ave Aberdeen, MD 21001-3221
Property profile & analytics
119 Bel Air Ave Aberdeen, MD 21001-3221
- Retail space
- 5,000 SF
- 0.29 lot acres
Property ID
US40-2107006
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.
Location Intelligence
Current Use by Public Records
- Johnson Family Pharmacy / Pharmacy
- TheNutRoasters, LLC / Take-out & Catering / Catering Service
Property Details for 119 Bel Air Ave
- Year built
- 2005
- Lot size
- 0.29 lot acres
- Property size
- 5,000 SF
- Zone code
- B2
- Property type
- Retail space
- APN
- 02-029502
- APU
- 2029502
Description
This exceptional 5,000 square foot retail space, located at 119 W Bel Air Ave in Aberdeen, Maryland, presents a unique investment opportunity. Built in 2005, this single-story building sits on a 2.87-acre lot and boasts a 400 AMP power supply. The property is zoned TOD, reflecting its strategic location near major transportation arteries. Currently vacant, this fully built-out space is ideal for a pharmacy or similar retail use. The high-traffic location sees 11,730 cars daily, and the property benefits from proximity to the intersection of Routes 40 and 22, serving a population of 54,000 within a 5-mile radius. The lease rate is $6,000 per month, NNN. This property offers significant potential for a discerning tenant seeking a well-situated, ready-to-occupy retail space in a thriving Harford County market. The property's single-tenant occupancy and ample parking further enhance its appeal. The building's single-story design and substantial square footage provide flexibility for various retail configurations. This is a rare opportunity to secure a prime retail location in a high-demand area. The property's zoning and location make it an attractive proposition for businesses seeking high visibility and accessibility. The 21001 zip code ensures a strong local customer base.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $925,000
- ML approach
- $910,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $1,180,000
- 6.5%
- $1,090,000
- 7%
- $1,010,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $1,150,000
- AI Estimate
- $620,000
Market price range: $913k - $1.75MMarket price range: $238k - $973k -
Alternative Use
- Use
- Estimation
- RETAIL STORES
- $1,245,000 Current use
- COMMERCIAL (GENERAL)
- $1,145,000 Change: -8% Conversion: Easy
- OFFICE BUILDING
- $1,010,000 Change: -19% Conversion: Easy
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Aberdeen
- County
- Harford
- State
- Maryland
- Longitude
- -76.1661
- Latitude
- 39.5107
- 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
2022
$5,638
$162,500
$430,500
$593,000
-
$162,500
$430,500
$593,000
