Property profile

413 Commonwealth Ave Catonsville, MD 21228

FOR LEASE
Commercial real estate
Property ID
US40-1807165
0.5 ac lot
Individually Owned 3-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional medical/office building at 413 Commonwealth Avenue in Catonsville, MD, offers six individual suites for lease, each boasting a distinct layout designed for optimal functionality. The building is situated on a half-acre lot providing ample free, unreserved parking for tenants and their clients. Each suite includes private offices, treatment rooms, a reception area, and private restrooms for enhanced privacy and convenience. Suite sizes and rental rates vary, offering flexibility to accommodate diverse business needs. Suite 2 offers 656 square feet at a monthly rate of $1,202.67. Suite 3 comprises 1009 square feet and is available for $1,849.83 per month. Suite 4 is 857 square feet and rents for $1,571.16 monthly. Suite 5, measuring 874 square feet, is priced at $1,602.33 per month. Suite 6, at 851 square feet, has a monthly rental rate of $1,560.16. Finally, Suite 7, with 877 square feet, is available for $1,607.83 per month. The property's strategic location offers easy access to major commuter routes including Interstates 695, 70, 40, and 95, ensuring convenient commutes for both staff and clients. Public transportation is also readily available, with bus routes within walking distance. This presents a unique opportunity for medical professionals or office users seeking a well-appointed space in a highly accessible location.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 0.5 ac (21,780 SF)
Zoning code RO
APN 01-1600011384
UPID US40-1807165

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

413 Commonwealth Ave Catonsville, MD 21228
Catonsville metro Census 400900 BALTIMORE-TOWSON, MD METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.21M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.32M

Owner & transaction history

since 2022
Last sale
$1.1M
1 recorded transaction
2022
$1.1M

Zoning & alternative use

RO · Catonsville, MD

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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More about this property
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