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Family Dollar 2020 Harford Rd 12,609 SF Retail Building Baltimore, MD 21218 $1,500,000 ($118.96/SF) 10.09% Cap Rate
Investment Highlights
- Strong traffic counts - over 28,000 VPD on Harford Road.
- Surrounding retailers include Walgreens, McDonald's, Wendy's and 7-Eleven.
Executive Summary
This Family Dollar property is located on Harford Road in Baltimore, Maryland. There are strong traffic counts on Harford Road, with over 28,000 cars passing by daily. This is a densely populated area with over 35,000 people in the 1 mile ring and over 313,000 people in the 3 mile ring. The property is situated nearby I-83, which allows easy access to North and South Baltimore.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
12,609 SF
Building Class
B
Year Built/Renovated
1994/2015
Price
$1,500,000
Price Per SF
$118.96
Cap Rate
10.09%
NOI
$151,293
Tenancy
Single
Building Height
1 Story
Building FAR
0.28
Lot Size
1.05 AC
Opportunity Zone
Yes
Zoning
B-2-2,M-1-2
Parking
45 Spaces (3.57 Spaces per 1,000 SF Leased)
Frontage
82’ on Harford Rd
Very walkable
80/100
Moderately drivable
70/100
Good public transit
70/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 4028-006 | Improvements Assessment | $1,602,900 |
| Land Assessment | $228,600 | Total Assessment | $1,831,500 |
Property Taxes
Parcel Number
4028-006
Land Assessment
$228,600
Improvements Assessment
$1,602,900
Total Assessment
$1,831,500
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Family Dollar | 2020 Harford Rd
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