Property profile

8776 Philadelphia Rd Baltimore, MD 21237

OFF-MARKET
Bars & Pubs
Property ID
US40-2366695
7,888 SF 0.67 ac lot
Entity Owned 2-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional investment opportunity presents a unique blend of commercial and residential properties in the thriving Rosedale, Maryland market. The offering encompasses a fully operational car wash facility, built in 2019, boasting 3,400 square feet of space within a larger 11,288 square foot building complex situated on a substantial 1.816-acre lot (79,092 square feet). The car wash is complemented by an existing restaurant, Dellis Restaurant Bar & Grill, occupying 3,944 square feet on the first floor of a two-story building. Above the restaurant are four individual, two-bedroom, one-bathroom apartments, each with separately metered electric service. The property is zoned BL-AS and features a 16-foot ceiling height in the car wash building. The car wash and restaurant are currently operational, offering immediate income potential. The property's location on Philadelphia Road in Rosedale, Baltimore County (zip code 21237), benefits from high daily traffic volume exceeding 74,000 cars, making it an ideal location for a variety of commercial ventures. The property is available for occupancy on March 6, 2024. Detailed due diligence materials are available upon execution of a confidentiality agreement. This presents a rare chance to acquire a multi-faceted property in a high-growth area of Baltimore County.

Property profile

Verified
Property type Bars & Pubs
Use group BAR, TAVERN
Construction BRICK
Total area 7,888 SF
Lot 0.67 ac (29,300 SF)
Zoning code BRCNS
APN 14-1422046228
UPID US40-2366695

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
  • Bar & Pub Restaurant

Location

8776 Philadelphia Rd Baltimore, MD 21237-2308
Baltimore metro Census 440701 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
$1.15M
Blend (final) Blend
$1.29M

Owner & transaction history

since 2024
7 recorded transactions
2024
Price N/A
2019
Price N/A
2017
Price N/A
2013
Price N/A
2006
$2.7M
1969
Price N/A
1969
Price N/A

Zoning & alternative use

BRCNS · Baltimore, MD
Top alternative use upside
Auto repair, garage $1.8M +1.5%

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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