530 Joppa Rd Baltimore, MD 21286-5470
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.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
RO · Baltimore, MDBaltimore. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.