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    Property profile & analytics
    OFF-MARKET Estimated value $910,000
    Retail space

    119 Bel Air Ave, Aberdeen, MD 21001-3221

    5,000 SF 0.29 ac lot Built 2005
    Entity Owned 3-yr Hold ~ Est. High Equity
    Property ID
    US40-2107006
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Retail space
    Use group RETAIL STORES (PERSONAL SERVICES)
    Year built 2005
    Total area 5,000 SF
    Lot 0.29 ac (12,500 SF)
    Zoning code B2
    APN 02-029502
    UPID US40-2107006
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Johnson Family Pharmacy Pharmacy
    • TheNutRoasters, LLC Take-out & Catering Catering Service
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $910k
    CAP Approach CAP
    $1.09M
    Comparable Approach Comparable
    $1.15M
    Blend (final) Blend
    $910k
    Owner & transaction history
    Rishik LLC · 3 yrs held
    Rishik LLC
    since 2023
    Last sale
    $900,000
    2 recorded transactions
    2023
    $900,000
    2004
    $107,185
    Zoning & alternative use
    B2 · Aberdeen, MD
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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