601 Pulaski Hwy Joppa, MD 21085-3914
Property profile & analytics
601 Pulaski Hwy Joppa, MD 21085-3914
- Grocery and convenience stores
- 4,244 SF
- 2.00 lot acres
Property ID
US40-0177537
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.
Location Intelligence
Current Use by Public Records
- Grocery and convenience stores
Property Details for 601 Pulaski Hwy
- Year built
- 2001
- Construction
- BRICK
- Lot size
- 2.00 lot acres
- Property size
- 4,244 SF
- Zone code
- B3
- Property type
- Grocery and convenience stores
- APN
- 01-040723
- APU
- 1040723
Description
This exceptional investment opportunity presents a fee-simple ownership of a Sheetz gas station and convenience store located at 601 Pulaski Highway in Joppatowne, Maryland. The property boasts a 4,244 square foot building constructed in 2001 and renovated in 2022, situated on a 2.02-acre lot with ample parking for 40+ vehicles. The property benefits from a triple-net (NNN) ground lease with Sheetz, Inc., originally executed April 14, 2000, and currently extended through May 31, 2026, with seven remaining five-year options at a 10% rent increase per renewal. The current annual net operating income (NOI) is $203,643, representing a compelling 10.18% cap rate. The property enjoys a high-traffic location on Pulaski Highway (US-40), a major east-west thoroughfare, with an average daily traffic count of 27,952 vehicles. Additional traffic of 3,520 vehicles daily is generated by Joppa Road. The property is zoned B3 (General Business District), allowing for a wide range of commercial uses. The property includes two fuel islands with ten two-sided pumps, offering unleaded and diesel fuel. Annual real estate taxes, paid by the tenant, are $25,644.98. This is a rare opportunity to acquire a well-established, high-performing NNN investment with a strong tenant and significant upside potential. The property is sold free and clear of liens.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $2,760,000
- ML approach
- $2,750,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $2,688,000
Market price range: $653k - $3.33M
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Joppa
- County
- Harford
- State
- Maryland
- Longitude
- -76.3548
- Latitude
- 39.4286
- 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
2022
$25,292
$1,550,000
$794,700
$2,344,700
-
$1,550,000
$794,700
$2,344,700
