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    620 Boulton St Bel Air, MD 21014-4255
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    Property profile & analytics

    620 Boulton St Bel Air, MD 21014-4255


    • Office buildings
    • 21,008 SF
    • 1.22 lot acres
    Off-Market
    Last Sale May 20, 2025
    $2,500,000
    Property ID
    US40-0719777
    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.

    Value Estimations
    $3,070,000
    Show details
    Cap Rate Potential
    5%
    Office buildings
    Location Intelligence

    Current Use by Public Records

    • Belinda Weinberg / Physician
    • Johns Hopkins Pediatric Ophthalmology / Ophthalmologist
    • Sandra R Rozar OD / Ophthalmologist
    • Dr. Edward Kuwera / Health Care Facility
    • Corea Richard T OD / Physician

    Property Details for 620 Boulton St

    Year built
    1986
    Construction
    BRICK
    Lot size
    1.22 lot acres
    Property size
    21,008 SF
    Zone code
    M1
    Property type
    Office buildings
    APN
    03-010937
    APU
    3010937

    Description

    This exceptional 20,000-square-foot medical office building in Bel Air, MD, presents a rare investment opportunity. The property, constructed in 1986 and renovated in 2012, features two suites totaling 20,000 square feet, currently fully vacant. The minimum divisible space is 10,000 square feet, with a maximum contiguous space of 20,000 square feet. The building boasts a Class B rating, two stories, and an elevator. Situated on 1.22 acres of land, it includes ample parking with 70 spaces on-site and an additional 30 spaces in a rear lot. The building's zoning is B3. Its prime location in Bel Air offers high visibility, with 13,000 cars passing daily on Boulton Street and 42,000 cars daily on nearby Route 24. The property benefits from its proximity to national retailers, Harford Mall, new developments, and the University of Maryland Upper Chesapeake Medical Center. The building's design includes 15,000 square feet of clinic space and a 5,000-square-foot ambulatory surgical center. Numerous improvements have been made since 2015. This turnkey property offers a proven track record of medical success and is ideal for an end-user seeking to establish or expand their presence in the thriving Bel Air market. The property is available for sale or lease.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $3,165,000
    • CAP approach

      CAP Return
      Estimation
      6%
      $2,620,000
      6.5%
      $2,415,000
      7%
      $2,245,000
    • Comparable approach

      Method
      Estimation
      AI Estimate
      $3,486,000
      Market price range: $2.63M - $5.01M
    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $4,505,000
      Current use
      COMMERCIAL (GENERAL)
      $4,765,000
      Change: +6% Conversion: Easy
      WAREHOUSE, STORAGE
      $3,730,000
      Change: -17% Conversion: Difficult

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


    Location Insight

    • Map
    • Local Demand
    City
    Bel Air
    County
    Harford
    State
    Maryland
    Longitude
    -76.3604
    Latitude
    39.5266
    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
    $34,014
    $0.00
    $0.00
    $3,893,267
    -
    $1,342,000
    $3,201,800
    $4,543,800
    More about this property
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