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$1 Auction – Former Truist Bank w/ Drive Thru 5433-5439 Harford Rd 4,706 SF Retail Building Baltimore, MD 21214 $150,000 ($31.87/SF)
Investment Highlights
- ABSOLUTE $1 AUCTION | Former Truist Bank With Drive Thru | Signalized Hard Corner | 28K VPD | AUCTION APRIL 13-15
- Signalized Hard Corner with ±20,526 VPD Traffic Counts on Harford Road and 7,877 VPD on Hamilton Avenue
- Nearby National Retailers: CVS, Dunkin, Papa Johns, Giant Supermarket, Petco, Panda Express, Dollar Tree, Chipotle, and more
- Freestanding Former Truist Bank on 0.27 Acre Site with 2 Drive-Thru Lanes
- Dense Demographics with ±188,231 People and $83,743 Average Household Income within a 3-Mile Radius
- Zoned C-1, Neighborhood Business District with a Variety of Commercial Uses
Executive Summary
Marcus & Millichap is pleased to present a vacant, free-standing former Truist Bank located at 5439 Harford Road in Baltimore, Maryland (the “Property”). The improvements include an approximately 4,706 square-foot, three-story building featuring two drive-thru lanes. Situated on a single parcel totaling ±0.262 acres (±11,421 SF), the Property offers ample surface parking and two points of ingress/egress along Harford Road (20,526 VPD) and Hamilton Road (7,877 VPD). The Property is currently vacant and was previously owner-occupied by Truist Bank. The offering provides owner-users and investors the opportunity to acquire a free-standing retail bank building with value-add potential through lease-up at long-term market rents (CoStar estimates retail rates of $15–$18/SF NNN). Zoned C-1, Neighborhood Business District, the site allows for a broad range of commercial uses, supporting adaptive reuse or repositioning opportunities in a well-trafficked Baltimore commercial corridor.
Baltimore, Maryland is a dense city with a large metro trade area and institutional demand drivers that support surrounding retail and office properties. The city is supported by a diverse employment base, including major corporate employers, leading healthcare institutions such as Johns Hopkins and MedStar Good Samaritan (approximately 1.6 miles away) and a strong government presence - all of which contribute to a consistent and stable daytime population. Regional accessibility is strong via the I-95 corridor, rail connections, and proximity to major cities like Washington, D.C. and Philadelphia. The Property sits in a strong commercial corridor surrounded by retail traffic drivers and amenities such as CVS, Dunkin, Papa Johns, Giant Supermarket, Petco, Panda Express, Dollar Tree, Chipotle, and many more. The Property is located within a dense trade area of ±188,231 residents with an average household income (AHHI) of ±$83,743 within 3-miles and ±469,027 residents with an AHHI of $90,382 within 5-miles, reinforcing the site’s lasting appeal for both investors and owner/users.
Baltimore, Maryland is a dense city with a large metro trade area and institutional demand drivers that support surrounding retail and office properties. The city is supported by a diverse employment base, including major corporate employers, leading healthcare institutions such as Johns Hopkins and MedStar Good Samaritan (approximately 1.6 miles away) and a strong government presence - all of which contribute to a consistent and stable daytime population. Regional accessibility is strong via the I-95 corridor, rail connections, and proximity to major cities like Washington, D.C. and Philadelphia. The Property sits in a strong commercial corridor surrounded by retail traffic drivers and amenities such as CVS, Dunkin, Papa Johns, Giant Supermarket, Petco, Panda Express, Dollar Tree, Chipotle, and many more. The Property is located within a dense trade area of ±188,231 residents with an average household income (AHHI) of ±$83,743 within 3-miles and ±469,027 residents with an AHHI of $90,382 within 5-miles, reinforcing the site’s lasting appeal for both investors and owner/users.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Bank
Building Size
4,706 SF
Building Class
C
Year Built
1930
Price
$150,000
Price Per SF
$31.87
Tenancy
Single
Building Height
3 Stories
Slab To Slab
10’
Building FAR
0.40
Lot Size
0.27 AC
Zoning
C-1 - Business zoning
Parking
13 Spaces (2.76 Spaces per 1,000 SF Leased)
Frontage
72’ on Hamilton Ave
Amenities
- 24 Hour Access
- Banking
- Signalized Intersection
- Drive Thru
- Storage Space
- Air Conditioning
Walk Score®
Very Walkable (88)
Nearby Major Retailers
Property Taxes
| Parcel Number | 5774A-015 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $405,433 |
Property Taxes
Parcel Number
5774A-015
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$405,433
Contacts
-
Adam Sklaver -
Philip Kates -
Barry Wolfe -
Alan Lipsky -
Kyle Hynes -
Brian Hosey -
Marcus & Millichap
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$1 Auction – Former Truist Bank w/ Drive Thru | 5433-5439 Harford Rd
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