Property profile

640 Marketplace Dr Bel Air, MD 21014

OFF-MARKET
Grocery and convenience stores
Property ID
US40-1499173
32,960 SF 9.17 ac lot Built 1995
Entity Owned 22-yr Hold Free & Clear
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Property profile

Verified
Property type Grocery and convenience stores
Use group GROCERY, SUPERMARKET
Year built 1995
Construction BRICK
Total area 32,960 SF
Lot 9.17 ac (399,445 SF)
Zoning code B3
APN 03-306046
UPID US40-1499173

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • (Bike/Boat/Book/etc) Store Home Decor Store
  • (Bike/Boat/Book/etc) Store
  • Courier Service Postal Service

Location

640 Marketplace Dr Bel Air, MD 21014-4338
Bel Air metro Census 303501 BALTIMORE-TOWSON, MD METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$11.53M
Blend (final) Blend
$9.77M

Owner & transaction history

since 2004
4 recorded transactions
2011
Price N/A
2010
Price N/A
2004
Price N/A
1969
Price N/A

Zoning & alternative use

B3 · Bel Air, MD
Zoning description

B-3 General Business District. A. Purpose. (1) The General Business District is designed to accommodate a wide range of commercial establishments. Uses in this district serve a wide area and tend to generate high volumes…

General category COMMERCIAL
Top alternative use upside
Restaurant $11.5M +40.1%
Auto repair, garage $10.3M +25.3%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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