7561 Washington Blvd Elkridge, MD 21075
Property profile & analytics
7561 Washington Blvd Elkridge, MD 21075
- Commercial land
- 6,414 SF
- 1.74 lot acres
Property ID
US40-2404625
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
- Commercial land
Property Details for 7561 Washington Blvd
- Year built
- 1950
- Construction
- WOOD FRAME
- Lot size
- 1.74 lot acres
- Property size
- 6,414 SF
- Zone code
- CECLI
- Property type
- Commercial land
- APN
- 01-177222
- APU
- 1177222
Description
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.
Value Estimations
based on Realmo’s proprietary methodology
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $654,000
- AI Estimate
- $604,000
Market price range: $654k - $1.34MMarket price range: $604k - $1.08M -
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $880,000 Current use
- WAREHOUSE, STORAGE
- $975,000 Change: +11% Conversion: Difficult
- MEDICAL BUILDING
- $930,000 Change: +6% Conversion: Easy
- RETAIL STORES
- $895,000 Change: +1% Conversion: Easy
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Elkridge
- County
- Howard
- State
- Maryland
- Longitude
- -76.772
- Latitude
- 39.1777
- 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
$5,120
$454,700
$0.00
$454,700
-
$454,700
$0.00
$454,700
