3615 East Northern Pkwy Baltimore, MD 21206
Property profile & analytics
3615 East Northern Pkwy, Baltimore, MD 21206
- Outlet malls
- 8,146 SF
- 0.76 lot acres
Property ID
US40-0739921
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Family Dollar / Discount Store
Property Details for 3615 East Northern Pkwy
- Year built
- 1995
- Construction
- BRICK
- Lot size
- 0.76 lot acres
- Property size
- 8,146 SF
- Zone code
- C-1
- Property type
- Outlet malls
- Property subtype
- Shopping centers
- APN
- 27-04-5603F-024
- APU
- 27045603F024
Description
This exceptional freestanding retail building, located at 3615 E Northern Pkwy in Baltimore, Maryland, presents a unique investment opportunity. Boasting 8,178 square feet of space on a lot ranging from 0.76 to 1.34 acres, this property is zoned C-1 Commercial, offering significant flexibility for a variety of retail uses. The single-story structure enjoys a highly visible location at a signalized intersection, ensuring excellent exposure to potential customers. Its convenient location also provides easy access to public transportation, enhancing its appeal to both businesses and employees. Further adding to its desirability, this property is situated within an Enterprise Zone, potentially offering various economic incentives. The building is available for sale or lease, making it an attractive option for both owner-occupiers and investors seeking a strong return. Detailed information regarding the specific lot size and potential incentives is available upon request. This is a rare opportunity to acquire a well-positioned retail property in a thriving Baltimore location. Serious inquiries are encouraged to explore this promising investment.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $1,530,000
- 6.5%
- $1,415,000
- 7%
- $1,310,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $1,916,000
- AI Estimate
- $1,220,000
Market price range: $464k - $1.92MMarket price range: $377k - $1.22M -
Alternative Use
- Use
- Estimation
- RETAIL STORES
- $1,135,000 Current use
- AUTO REPAIR, GARAGE
- $1,880,000 Change: +66% Conversion: Difficult
- RESTAURANT
- $1,850,000 Change: +63% Conversion: Easy
- OFFICE BUILDING
- $1,675,000 Change: +47% Conversion: Easy
- NEIGHBORHOOD: SHOPPING CENTER
- $1,490,000 Change: +31% Conversion: Moderate
- WAREHOUSE, STORAGE
- $1,240,000 Change: +9% Conversion: Difficult
- MEDICAL BUILDING
- $1,185,000 Change: +4% Conversion: Difficult
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Location Insight
- Map
- Local Demand
- City
- Baltimore
- County
- Baltimore City
- State
- Maryland
- Longitude
- -76.538
- Latitude
- 39.3578
- CBSA code
- 12580
- CBSA name
- BALTIMORE-TOWSON, MD METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$26,264
$395,700
$717,200
$1,112,900
-
$395,700
$717,200
$1,112,900
