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Property profile & analytics

530 Joppa Rd Baltimore, MD 21286-5470

  • Office buildings
  • 6,740 SF
  • 0.34 lot acres
OFF-MARKET
Value Estimations
$900,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US40-1535168
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.

Current Use by Public Records

  • Aloor Ravi K MD / Plastic Surgeon
  • RA Plastic Surgery / Plastic Surgeon
  • Alperstein & Stelmack PA / Accountant
  • Pfeifer & Fabian PA / Attorney

Property Details for 530 Joppa Rd

Year built
1977
Construction
BRICK
Lot size
0.34 lot acres
Property size
6,740 SF
Zone code
RO
Property type
Office buildings
APN
09-0902573510
APU
90902573510

Description

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.


Value Estimations

based on Realmo’s proprietary methodology
  • Comparable approach

    Method
    Estimation
    Statistic Estimate
    $1,004,000
    Market price range: $770k - $2.32M
    AI Estimate
    $792,000
    Market price range: $747k - $1.53M
  • Alternative Use

    Use
    Estimation
    OFFICE BUILDING
    $1,385,000
    Current use
    NEIGHBORHOOD: SHOPPING CENTER
    $1,235,000
    Change: -11% Conversion: Difficult
    COMMERCIAL (GENERAL)
    $1,110,000
    Change: -20% Conversion: Easy

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Baltimore
County
Baltimore
State
Maryland
Longitude
-76.5931
Latitude
39.4014
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
$6,010
$0.00
$0.00
$952,367
-
$517,800
$436,900
$954,700
More about this property
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