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7518-7526 Harford Rd
Baltimore, MD 21234
Office Property For Sale
INVESTMENT HIGHLIGHTS
- Bank-owned / motivated seller
- Stable Parkville submarket location
- Sold AS-IS, WHERE-IS.Buyer to verify zoning, permitted uses, square footage, condition, and financial assumptions
- OR-1 zoning supports office and professional uses
- Major arterial frontage and regional highway connectivity
- Multiple exit strategies
EXECUTIVE SUMMARY
Lender-owned office with warehouse property located in the Parkville submarket of Northeast Baltimore, positioned directly along the Harford Road commercial corridor with regional access via I-695 (Baltimore Beltway), Perring Parkway, Belair Road, and East Northern Parkway.
The asset was previously marketed at $1,700,000 and is now offered at $799,000, representing a substantial basis reset for investors and owner-users.
The surrounding neighborhood consists of a stable mix of residential and commercial/light-industrial uses with no major adverse conditions noted by the appraiser.
Zoning is OR-1 (Office-Residential), and the appraiser concluded the highest and best use (as-vacant and as-improved) to be continued office with rear warehouse configuration.
Property is being sold by the lender AS-IS, WHERE-IS, with no seller repairs or warranties.
The asset was previously marketed at $1,700,000 and is now offered at $799,000, representing a substantial basis reset for investors and owner-users.
The surrounding neighborhood consists of a stable mix of residential and commercial/light-industrial uses with no major adverse conditions noted by the appraiser.
Zoning is OR-1 (Office-Residential), and the appraiser concluded the highest and best use (as-vacant and as-improved) to be continued office with rear warehouse configuration.
Property is being sold by the lender AS-IS, WHERE-IS, with no seller repairs or warranties.
PROPERTY FACTS
Sale Type
Investment
Sale Condition
Distress Sale
Property Type
Office
Building Size
10,316 SF
Building Class
B
Year Built
1930
Price
$799,000
Price Per SF
$77.45
Percent Leased
Vacant
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
1,498 SF
Slab To Slab
10’
Building FAR
1.69
Lot Size
0.14 AC
Zoning
OR-1 - OR-1
Parking
4 Spaces (0.39 Spaces per 1,000 SF Leased)
AMENITIES
- Bus Line
- Conferencing Facility
- Security System
- Skylights
- Kitchen
- Central Heating
- Partitioned Offices
- Reception
- Secure Storage
- Wi-Fi
- Air Conditioning
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $0 | Total Assessment | $1,262,233 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,262,233
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