2235 Churchville Rd Bel Air, MD 21015-1719
- Turn key restaurants
- 2,688 SF
- 0.84 lot acres
Current Use by Public Records
- Jd's Smokehouse North / Barbecue Restaurant
Property Details for 2235 Churchville Rd
- Year built
- 1950
- Construction
- BRICK
- Lot size
- 0.84 lot acres
- Property size
- 2,688 SF
- Zone code
- B2
- Property type
- Turn key restaurants
- APN
- 03-030849
- APU
- 3030849
Description
This exceptional investment opportunity presents a thriving restaurant and bar located at 2235 E Churchville Rd, Bel Air, MD 21015. The property boasts 2,688 square feet on a 0.85-acre lot, strategically positioned on a high-traffic road with over 23,000 cars passing daily. Built in 1950, the building features brick and siding exterior with block construction, zoned B2. The property includes a fully equipped kitchen, an updated bar area, and a convenient outdoor patio. Ample parking is available with over 45 spaces on-site. The current lease conveys with the sale, offering immediate income potential. Heating is provided by a zoned hot water system, and cooling is via central air conditioning. This turnkey operation is a rare find, offering a strong return on investment in a desirable location. Showings are available only during the establishment's off-hours to avoid disruption. The asking price is $799,000. Serious inquiries only.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $730,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $755,000
- 6.5%
- $750,000
- 7%
- $780,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $665,000
- Geo Method
- $690,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $905,000
- Retail
- $715,000
- Mixed-Use
- $740,000
- Hospitality
- $850,000
- Educational
- $925,000
- Residential Income
- $860,000
- Energy
- $760,000
- Income-Based Land
- $920,000
- Food Service
- $940,000
Location Insight
- Map
- Local Demand
- City
- Bel Air
- County
- Harford
- State
- Maryland
- Longitude
- -76.2806
- Latitude
- 39.5548
- CBSA code
- 12580
- CBSA name
- BALTIMORE-TOWSON, MD METROPOLITAN STATISTICAL AREA