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Property profile & analytics
OFF-MARKET Estimated value $900,000
Office buildings

530 Joppa Rd Baltimore, MD 21286-5470

6,740 SF 0.34 ac lot Built 1977
Entity Owned 18-yr Hold Free & Clear
Property ID
US40-1535168
Property summary
AI-generated overview

This three-story, 8,240 square foot Class B office building, constructed in 1977, is located at 530 E Joppa Rd, Towson, MD 21286, on a 14,795-acre lot. The property features one elevator, six parking spaces, and offers multiple tenancy options. Currently, 900 square feet of space is available, divisible into units as small as 900 square feet, with a maximum contiguous space of 900 square feet. The building comprises five total suites, with a 10-foot ceiling height. The property boasts excellent street visibility and high traffic volume, situated a short distance from the Beltway. Ideal for medical professionals, the building offers the unique opportunity to lease a single medical office for approximately $500 per month within a coworking environment, sharing common areas such as reception and waiting rooms with other tenants. Property taxes are $1.45 per square foot. The building offers a blend of traditional office space, coworking opportunities, and medical office suites, making it a versatile option for various business needs. The building's location in Towson, Maryland provides easy access to major transportation routes.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1977
Construction BRICK
Total area 6,740 SF
Lot 0.34 ac (14,795 SF)
Zoning code RO
APN 09-0902573510
UPID US40-1535168
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
Current use
Occupant on record · Public records
  • Aloor Ravi K MD Physician Medical Clinic
  • RA Plastic Surgery Physician Medical Clinic
  • Alperstein & Stelmack PA Accounting Firm Tax Preparation
  • Pfeifer & Fabian PA Law Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.00M
Blend (final) Blend
$900k
Owner & transaction history
530 E Joppa Associates LLC · 18 yrs held
530 E Joppa Associates LLC
since 2008
7 recorded transactions
2008
Price N/A
2004
$44,509
2004
$20,400
2004
$40,800
2004
$37,090
2004
$20,400
1969
Price N/A
Zoning & alternative use
RO · Baltimore, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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