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    Property profile & analytics
    OFF-MARKET Estimated value $635,000
    Grocery and convenience stores

    2324 Sparrows Pt Rd, Baltimore, MD 21219-1710

    3,080 SF 1.49 ac lot Built 1973
    Entity Owned 4-yr Hold Free & Clear
    Property ID
    US40-0645970
    Property summary
    AI-generated overview

    This exceptional retail storefront opportunity is located at 2324 Sparrows Point Road in Baltimore, Maryland, within Baltimore County. The property, built in 1973, offers a single-tenant occupancy space totaling 2,800 square feet of vacant area. Ideal for a variety of retail uses, this storefront presents a significant chance to establish a presence in a well-established Baltimore neighborhood. The property is zoned for retail use, however, please note that convenience stores are not permitted on this site. This presents a unique opportunity for businesses seeking a high-visibility location without direct competition from convenience stores. The address is easily accessible, offering excellent visibility and convenient access for customers. The property's location in Baltimore County, Maryland, provides access to a substantial customer base and strong local infrastructure. With its ample square footage and prime location, this storefront is perfectly suited for a variety of retail ventures. Interested parties should inquire promptly to secure this exceptional opportunity. The zip code for this property is 21219.

    Property profile
    Verified
    Property type Grocery and convenience stores
    Use group CONVENIENCE STORE
    Year built 1973
    Construction BRICK
    Total area 3,080 SF
    Lot 1.49 ac (64,687 SF)
    Zoning code BL
    APN 15-1504002510
    UPID US40-0645970
    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
    $765k
    Comparable Approach Comparable
    $506k
    Blend (final) Blend
    $635k
    Owner & transaction history
    Baltimore County · 4 yrs held
    Baltimore County
    since 2022
    5 recorded transactions
    2022
    2016
    $1.5M
    2016
    2015
    $700,000
    2010
    $100,000
    Zoning & alternative use
    BL · Baltimore, MD
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Auto repair, garage $710,000 +26.0%
    Office building $635,000 +12.1%
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