Property profile & analytics
7939 Honeygo Blvd Baltimore, MD 21236-4931
- Office buildings
- 28,271 SF
- 2.21 lot acres
OFF-MARKET
Last Sale
Jul 27, 2023
Jul 27, 2023
$11,800,000
Value Estimations
$8,720,000
Show details
Cap Rate Potential
2.8%
Office buildings
Location Intelligence
Property ID
US40-0748056
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.
Current Use by Public Records
- PNC Mortgage / Loan Service / Bank
- Dr. Gerard “Joe Simoneaux / Dental Office
- Endodontics Pa: Mann Charles DDS / Dental Office
- Family Dentistry / Dental Office
- Dr. Afua S. Mireku, DDS / Dental Office
Property Details for 7939 Honeygo Blvd
- Construction
- BRICK
- Lot size
- 2.21 lot acres
- Property size
- 28,271 SF
- Zone code
- ML
- Property type
- Office buildings
- APN
- 14-2000001188
- APU
- 142000001188
Description
This exceptional three-building office campus, totaling approximately 80,046 square feet, presents a unique investment opportunity in Baltimore County's White Marsh submarket. Situated on over six acres of land at the prominent intersection of Honeygo Boulevard and Perry Hall Boulevard, this Class B property offers unparalleled accessibility and visibility. The campus boasts a flexible layout, with spaces ranging from 1,205 to 6,557 contiguous square feet, accommodating a variety of tenants. Currently configured for multiple tenants, this property is suitable for general office, medical, and retail uses. Its prime location across from White Marsh Mall and within walking distance of The Avenue at White Marsh provides exceptional convenience for employees and customers. A new 759-unit residential development is under construction directly across the street, further enhancing the property's desirability. The property benefits from its proximity to major transportation arteries, including I-95 and Route 43, ensuring easy commutes. Ample parking, excellent window lines, and multiple outdoor courtyards add to the property's appeal. The zoning is BM, and the property features two-story buildings. This is an exceptional opportunity to acquire a well-located, versatile office campus in a thriving commercial area.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $6,985,000
- 6.5%
- $6,450,000
- 7%
- $5,990,000
-
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $5,805,000 Current use
- COMMERCIAL (GENERAL)
- $8,115,000 Change: +40% Conversion: Easy
- AUTO REPAIR, GARAGE
- $6,525,000 Change: +12% Conversion: Difficult
- RESTAURANT
- $6,430,000 Change: +11% Conversion: Moderate
Get a detailed, property-specific valuation — fast and free
Location Insight
- Map
- Local Demand
- City
- Baltimore
- County
- Baltimore
- State
- Maryland
- Longitude
- -76.4716
- Latitude
- 39.372
- 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
$25,091
$0.00
$0.00
$3,535,833
-
$1,659,700
$2,012,100
$3,671,800
