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906-908 Frederick Rd 4,277 SF 100% Leased Office Building Catonsville, MD 21228 For Sale
EXECUTIVE SUMMARY
CBRE is pleased to present the Catonsville Development Site, located at 906 Frederick Road, a high-visibility parcel ideally positioned for ground-up development. Situated just off I-695 and surrounded by a dense residential and retail core, this site offers compelling potential across multiple categories, including QSR, Fast-Casual, and the rapidly expanding Medical Sector. Retail fundamentals are at historic highs, with national vacancy at 4.7% +/- and the greater Catonsville market hovering near 1.8% +/-, underscoring sustained demand and very limited supply. In today’s capitalconstrained environment, infill redevelopment sites likes this one are increasingly rare and attractive. Additionally, the medical space continues to attract institutional capital through JV structures and saleleaseback strategies, particularly in specialized uses like outpatient, urgent care, and surgery centers, which seek ground-up owner-occupied builds. With flexible exit strategies, strong market fundamentals, and an adaptive site footprint, this development opportunity allows investors, developers, or end users an attractive offering to meet their current and future demands, creating long-term value.
PROPERTY FACTS
Sale Type
Investment
Sale Condition
Redevelopment Project
Property Type
Office
Building Size
4,277 SF
Building Class
C
Year Built
1900
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
1,425 SF
Slab To Slab
10’
Building FAR
0.45
Lot Size
0.22 AC
Zoning
BLCCC - Business Local. Typical Uses Permitted by Right: Retail Sales, Personal Services, Restaurant, Bank, Office, Tavern, Food Store, And Medical Clinic.
Parking
10 Spaces (2.34 Spaces per 1,000 SF Leased)
AMENITIES
- Natural Light
1 1
Walk Score®
Very Walkable (84)
PROPERTY TAXES
| Parcel Number | 01-0113856990 | Improvements Assessment | $234,800 |
| Land Assessment | $247,500 | Total Assessment | $482,300 |
PROPERTY TAXES
Parcel Number
01-0113856990
Land Assessment
$247,500
Improvements Assessment
$234,800
Total Assessment
$482,300
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906-908 Frederick Rd
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