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    Property profile & analytics
    FOR LEASE
    Strip malls

    1510 Conowingo Rd, Bel Air, MD 21014

    10,200 SF 1.26 ac lot Built 2001
    Individually Owned 7-yr Hold Absentee Owner ~ Est. High Equity
    Property ID
    US40-0998010
    Property summary
    AI-generated overview

    This exceptional 3,000 square foot retail space presents a rare opportunity in the desirable Bel Air submarket of Hickory. Located at the high-traffic intersection of US 1 and Business 1, this property boasts a prime location with excellent demographics. The space is part of a larger, single-story, 10,800 square foot Class B building constructed in 2000. This is the first vacancy in 25 years, offering a unique chance to establish a business in a well-established area. The unit features a 12-foot ceiling height and is fully finished, ready for immediate occupancy. The space is divisible to a minimum of 3,000 square feet, with a maximum contiguous space of 3,000 square feet currently available. The building does not have elevators. The property is zoned B-3, allowing for a variety of retail uses. This is an ideal location for businesses seeking high visibility and access to a strong customer base. Don't miss this chance to secure a prominent retail presence in a thriving community.

    Property profile
    Verified
    Property type Strip malls
    Use group SHOPPING CENTER, STRIP CENTER
    Year built 2001
    Construction BRICK
    Total area 10,200 SF
    Lot 1.26 ac (54,886 SF)
    Zoning code B3
    APN 03-335852
    UPID US40-0998010
    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
    • Harford Pharmacy Pharmacy
    • Dairy Queen (Treat) Grocery & Convenience Store Specialty Food Shop
    • ATM Atm
    • Liquor Stop (Bike/Boat/Book/etc) Store Wine and Liquor Store
    • Hickory Station Pizzeria and Grill Restaurant
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $576k
    Blend (final) Blend
    $575k
    Owner & transaction history
    Calhic Comi Limited Partnhership · 7 yrs held
    Calhic Comi Limited Partnhership
    since 2018
    3 recorded transactions
    2018
    2001
    1969
    Zoning & alternative use
    B3 · Bel Air, MD
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Warehouse, storage $865,000 +112.3%
    Industrial (general) $665,000 +62.7%
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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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