1510 Conowingo RdBel Air, MD 21014

Property Details for 1510 Conowingo Rd

Year built

2001

Construction

BRICK

Lot size

1.26 AC

Property size (Sq ft)

10,200 SF

Zone code

B3

Property type

Strip malls

Property subtype

Neighborhood centers

APN

03-335852

APU

3335852

Description

This exceptional 3,000 square foot retail space presents a rare opportunity in the desirable Bel Air submarket of Hickory. Located at the high-traffic intersection of US 1 and Business 1, this property boasts a prime location with excellent demographics. The space is part of a larger, single-story, 10,800 square foot Class B building constructed in 2000. This is the first vacancy in 25 years, offering a unique chance to establish a business in a well-established area. The unit features a 12-foot ceiling height and is fully finished, ready for immediate occupancy. The space is divisible to a minimum of 3,000 square feet, with a maximum contiguous space of 3,000 square feet currently available. The building does not have elevators. The property is zoned B-3, allowing for a variety of retail uses. This is an ideal location for businesses seeking high visibility and access to a strong customer base. Don't miss this chance to secure a prominent retail presence in a thriving community.

• CAP approach

  CAP return

  Valuation

  6%

  $3,233,053

  6.5%

  $2,984,356

  7%

  $2,771,188

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,617,039

  Geo Method

  $1,617,039

• Alternative Use

  Use

  Valuation

  Residential

  $2,517,416

  Hospitality

  $2,305,940

  Educational

  $1,918,515

  Medical

  $1,984,496

  Retail

  $2,984,356

Location Insight

City

Bel Air

County

Harford

State

Maryland

Latitude

39.5675

Longitude

-76.3546

CBSA code

12580

CBSA name

BALTIMORE-TOWSON, MD METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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