919 Frederick Rd Baltimore, MD 21228-4517
- Office buildings
- 1,872 SF
- 0.23 lot acres
Jun 11, 2025
Current Use by Public Records
- BB&T Bank / Loan Service / Bank
- BB&T ATM / Atm
- Truist / Bank / Loan Service
- BB&T Insurance Services / Insurance Agency
Property Details for 919 Frederick Rd
- Year built
- 1988
- Construction
- BRICK
- Lot size
- 0.23 lot acres
- Property size
- 1,872 SF
- Zone code
- BLCCC
- Property type
- Office buildings
- APN
- 01-2100001066
- APU
- 12100001066
Description
This exceptional 3,744-square-foot, two-story office building, built in 1988, presents a unique opportunity in Catonsville, Maryland. Located on Frederick Road (MD 144), this former bank branch boasts a prime mid-block location with high visibility and excellent traffic counts exceeding 14,000 vehicles daily (per MDOT). The property sits on a 0.23-acre lot and includes a convenient drive-up window, perfect for various commercial uses. The building is currently vacant and offers a blank canvas for renovation or build-to-suit projects. Its BL (Business Local) zoning allows for a wide range of uses, including retail, restaurants, medical clinics, and offices. The property benefits from its proximity to major highways (I-695, I-195, I-95, I-70), universities (UMBC and CCBC Catonsville), Baltimore's Inner Harbor, and BWI Airport. Nine parking spaces are available, including two handicap-accessible spots. Property taxes are $2.92 per square foot. This location offers strong visibility, aided by a monument sign, and ample parking, making it an ideal investment for a variety of businesses. The property's convenient location less than 0.7 miles from I-695 ensures easy access for employees and customers. This is a rare opportunity to acquire a well-positioned commercial property in a thriving Baltimore County submarket.
Value Estimations
-
CAP approach
- CAP Return
- Estimation
- 6%
- $465,000
- 6.5%
- $425,000
- 7%
- $395,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $643,000
- AI Estimate
- $371,000
Market price range: $214k - $643kMarket price range: $109k - $372k -
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $385,000 Current use
- AUTO REPAIR, GARAGE
- $430,000 Change: +12% Conversion: Difficult
- COMMERCIAL (GENERAL)
- $420,000 Change: +9% Conversion: Easy
- NEIGHBORHOOD: SHOPPING CENTER
- $345,000 Change: -11% Conversion: Difficult
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Location Insight
- Map
- Local Demand
- City
- Baltimore
- County
- Baltimore
- State
- Maryland
- Longitude
- -76.7363
- Latitude
- 39.2706
- CBSA code
- 12580
- CBSA name
- BALTIMORE-TOWSON, MD METROPOLITAN STATISTICAL AREA