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    6200 Hazelwood Ave Baltimore, MD 21237-2058
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    Property profile & analytics

    6200 Hazelwood Ave, Baltimore, MD 21237-2058

    View on Map
    • Strip malls
    • 57,451 SF
    • 9.00 lot acres
    Off-Market
    Last Sale Feb 3, 2026
    $1,450,000
    Property ID
    US40-0980484
    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
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Kenwood Shopping Center / Business Service Center / Corporate Office
    • Duck's Nest Seafood / Specialty Food Shop / Fish Market
    • Royalty Driving Academy / Training Center / Vocational School
    • Building Youth Inc / Child Welfare Organization / Charitable Organization
    • Beauty USA / Hair Salon / Nail Salon

    Property Details for 6200 Hazelwood Ave

    Construction
    BRICK
    Lot size
    9.00 lot acres
    Property size
    57,451 SF
    Zone code
    BLAS
    Property type
    Strip malls
    Property subtype
    Shopping centers
    APN
    14-1411018200
    APU
    141411018200

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Baltimore
    County
    Baltimore
    State
    Maryland
    Longitude
    -76.5064
    Latitude
    39.3418
    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
    $58,498
    $0.00
    $0.00
    $5,611,667
    -
    $2,285,600
    $3,331,900
    $5,617,500

    Comparable in this City

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      $4,295,000
      60,066 SF

      9627 Philadelphia Rd Ste, Unit 100

      SHOPPING CENTER, STRIP CENTER • 60,066 SF
      9627 Philadelphia Rd Ste, Baltimore, MD 21237-4155
      View Details
    • Value Estimation
      $775,000
      12,636 SF

      8050 Philadelphia Rd

      SHOPPING CENTER, STRIP CENTER • 12,636 SF
      8050 Philadelphia Rd, Baltimore, MD 21237-2638
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    • Value Estimation
      $4,940,000
      29,534 SF

      1715 Chesaco Ave

      SHOPPING CENTER, STRIP CENTER • 29,534 SF
      1715 Chesaco Ave, Rosedale, MD 21237-1518
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    • Value Estimation
      $2,250,000
      20,700 SF

      8101 Pulaski Hwy

      SHOPPING CENTER, STRIP CENTER • 20,700 SF
      8101 Pulaski Hwy, Rosedale, MD 21237-2822
      View Details
    • Value Estimation
      $4,665,000
      31,768 SF

      8665 Pulaski Hwy

      SHOPPING CENTER, STRIP CENTER • 31,768 SF
      8665 Pulaski Hwy, Baltimore, MD 21237-3028
      View Details
    • Value Estimation
      $1,715,000
      11,250 SF

      8660 Pulaski Hwy, Unit 1

      SHOPPING CENTER, STRIP CENTER • 11,250 SF
      8660 Pulaski Hwy, Baltimore, MD 21237-3063
      View Details

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    Similar Nearby for Lease

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      1,200 SF

      Retail Space in Rosedale, MD

      Retail space available at a busy intersection in Rosedale.
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      View Details
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      Grocery-anchored shopping center with storage/flex space for rent.
      1709-1763 Chesaco Ave, Rosedale, MD 21237
      View Details
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      1,653 SF

      Rosedale Retail Space For Lease

      Community shopping center with high visibility and multiple suite sizes.
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      Grocery-anchored shopping center in Rosedale, Maryland, for lease.
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      View Details
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      Retail space available in multi-tenant building on Pulaski Highway.
      8300-8302 Pulaski Hwy, Baltimore, MD 21237
      View Details
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    Baltimore, MD 21237-2058
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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