7561 Washington Blvd, Elkridge, MD 21075
For Lease
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This exceptional Elkridge, Maryland retail property, located at 7561 Washington Blvd, presents a compelling redevelopment opportunity. The 1.74-acre lot features two pad sites totaling 9,000 square feet, zoned B1, and ideally suited for restaurant or retail uses. Currently, 6,600 square feet are vacant, offering significant flexibility for prospective tenants. Individual spaces range from a minimum of 1,200 square feet to a maximum contiguous space of 1,500 square feet, allowing for adaptability to various business needs. The property's strategic location offers unparalleled convenience, situated just 0.5 miles from Route 175 and providing easy access to I-95, ensuring high visibility and accessibility for customers. This presents a rare chance to establish a thriving business in a high-traffic area with strong potential for growth. The property's multiple tenancy allows for diverse business combinations, creating a vibrant and attractive retail environment. This is an excellent investment opportunity for those seeking a prime location in a rapidly developing area of Howard County. The existing infrastructure and zoning provide a streamlined path to occupancy, making this a truly attractive proposition for both established businesses and new ventures.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
CECLI · Elkridge, MDElkridge. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.