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Property profile & analytics
OFF-MARKET
Investment properties

538 Philadelphia Blvd Aberdeen, MD 21001-3405

1,236 SF 0.26 ac lot Built 1930
Individually Owned 7-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US40-0578763
Property summary
AI-generated overview

This exceptional commercial property, situated at 538 S Philadelphia Boulevard in Aberdeen, MD, presents a remarkable opportunity for businesses seeking high visibility and convenient access. The 0.26-acre corner lot boasts a prime location at the intersection of S. Philadelphia Boulevard and James Street, ensuring significant daily traffic exposure – over 30,000 vehicles pass this location each day. The property's commercial/residential zoning allows for a diverse range of uses, making it an adaptable space for various business needs. The existing building features attractive refinished wood flooring and other recent updates, offering a move-in ready environment. Ample parking is available on-site. The high traffic count and strategic location make this property ideal for businesses seeking maximum exposure and accessibility. Please note that a detached garage on the property is excluded from any lease agreement. This is a rare opportunity to secure a well-maintained, highly visible commercial space in a thriving Aberdeen location. Contact us today to schedule a viewing and explore the possibilities.

Property profile
Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1930
Total area 1,236 SF
Lot 0.26 ac (11,450 SF)
Zoning code B3
APN 02-019655
UPID US40-0578763
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Stephen Simmons · 7 yrs held
Stephen Simmons
since 2019
1 recorded transaction
2019
$150,000
Zoning & alternative use
B3 · Aberdeen, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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