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    8776 Philadelphia Rd Baltimore, MD 21237-2308
    Property profile & analytics

    8776 Philadelphia Rd Baltimore, MD 21237-2308


    • Bars & Pubs
    • 7,888 SF
    • 0.67 lot acres
    Off-Market
    Last Sale May 31, 2024
    Property ID
    US40-2366695
    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.

    Value Estimations
    $1,290,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Dellis' Restaurant Bar & Grill / Bar & Pub / Restaurant

    Property Details for 8776 Philadelphia Rd

    Construction
    BRICK
    Lot size
    0.67 lot acres
    Property size
    7,888 SF
    Zone code
    BRCNS
    Property type
    Bars & Pubs
    Property subtype
    Pubs
    APN
    14-1422046228
    APU
    141422046228

    Description

    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.


    Value Estimations

    based on Realmo’s proprietary methodology
    • Comparable approach

      Method
      Estimation
      AI Estimate
      $1,154,000
      Market price range: $581k - $1.42M
    • Alternative Use

      Use
      Estimation
      RESTAURANT
      $1,795,000
      Current use
      AUTO REPAIR, GARAGE
      $1,820,000
      Change: +1% Conversion: Difficult
      COMMERCIAL (GENERAL)
      $1,735,000
      Change: -3% Conversion: Easy
      OFFICE BUILDING
      $1,535,000
      Change: -14% Conversion: Moderate
      NEIGHBORHOOD: SHOPPING CENTER
      $1,445,000
      Change: -19% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Baltimore
    County
    Baltimore
    State
    Maryland
    Longitude
    -76.4847
    Latitude
    39.3411
    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
    $30,281
    $586,000
    $946,300
    $1,532,300
    -
    $586,000
    $946,300
    $1,532,300
    More about this property
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