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Property profile & analytics
OFF-MARKET Estimated value $3,250,000
Retail space

1530 Joppa Rd Towson, MD 21286-5913

28,240 SF 2.2 ac lot Built 1963
Entity Owned 3-yr Hold Free & Clear
Property ID
US40-1224102
Property summary
AI-generated overview

This exceptional retail property, located at 1530 E Joppa Rd in Towson, Maryland, offers a rare opportunity for businesses seeking significant space in a high-traffic area. The property boasts a total of 56,745 square feet across two suites, situated on a generous 2.25-acre lot. Each suite offers substantial space, with a minimum divisible area of 28,317 square feet and a maximum contiguous space of 28,428 square feet, providing flexibility for various retail concepts. The building is a two-story structure, currently entirely vacant, presenting a blank canvas for a new tenant or tenants to customize. The property's prime location in Towson, Baltimore County (zip code 21286), ensures high visibility and accessibility for customers. This is an ideal opportunity for a large-scale retailer or a business requiring significant space to expand operations. The property is currently available for lease. The property's size and location make it a highly desirable asset in a thriving commercial market. Serious inquiries are encouraged.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1963
Construction BRICK
Total area 28,240 SF
Lot 2.2 ac (95,832 SF)
Zoning code BRCNS
APN 09-0908008200
UPID US40-1224102
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$3.35M
Blend (final) Blend
$3.25M
Owner & transaction history
Store Master Funding Xv LLC · 3 yrs held
Store Master Funding Xv LLC
since 2023
7 recorded transactions
2023
Price N/A
2018
Price N/A
2018
$8,508
2017
$4.0M
2007
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
BRCNS · Towson, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center $5.2M +31.5%
Commercial (general) $4.7M +18.4%
Warehouse, storage $4.3M +9.2%
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