4300 Belair Rd Baltimore, MD 21206
- Community centers
- 16,935 SF
- 0.80 lot acres
Current Use by Public Records
- Market 21 / Convenience Store
- TheSpot / Pizza Restaurant
- Mr. Donald Lindauer / Physician Assistant
- Shamrock Liquor Store / Liquor Store
- Healing Minds Llc / Care Services / Community Health Centre
Property Details for 4300 Belair Rd
- Year built
- 1960
- Construction
- BRICK
- Lot size
- 0.80 lot acres
- Property size
- 16,935 SF
- Zone code
- C-2
- Property type
- Community centers
- APN
- 27-01-5898H-001
- APU
- 27015898H001
Description
This exceptional 16,935 square foot retail center is situated on a prominent 0.8-acre lot at 4300 Belair Road in Baltimore, Maryland. The property boasts a highly desirable location on a busy thoroughfare with a traffic count exceeding 20,000 vehicles per day (VPD). The center is currently fully leased to long-standing tenants with a proven track record of success, ensuring a stable and predictable income stream. Financial projections indicate a potential capitalization rate exceeding 10%, presenting a compelling investment opportunity. The property's current low rental rates offer significant value-add potential through future rent increases or a conversion to a triple-net lease structure. This presents a rare opportunity to acquire a well-established, income-producing retail property in a thriving Baltimore neighborhood. The strong tenant base and high traffic volume make this an ideal investment for those seeking a stable, high-return asset with significant upside potential. The property's size and location make it an attractive investment for both seasoned investors and those new to the commercial real estate market. This is a turnkey operation with established tenants and a proven income stream, minimizing the need for extensive management or renovations. The opportunity to increase profitability through lease adjustments further enhances the investment's appeal.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $1,640,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $2,038,000
Market price range: $1.60M - $4.32M -
Alternative Use
- Use
- Estimation
- WAREHOUSE, STORAGE
- $2,575,000
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Location Insight
- Map
- Local Demand
- City
- Baltimore
- County
- Baltimore City
- State
- Maryland
- Longitude
- -76.5654
- Latitude
- 39.3287
- CBSA code
- 12580
- CBSA name
- BALTIMORE-TOWSON, MD METROPOLITAN STATISTICAL AREA