9050 Baltimore National PikeEllicott City, MD 21042

Property Details for 9050 Baltimore National Pike

Year built

2007

Construction

WOOD

Lot size

1.23 AC

Property size (Sq ft)

11,238 SF

Zone code

B2

Property type

Retail space

APN

02-230038

APU

2230038

Description

This exceptional retail opportunity is located at 9050 Baltimore National Pike in Ellicott City, Maryland, 21042. The property, built in 2007, offers a total of 11,150 square feet of retail space within a thriving strip center. Multiple tenancy options are available, with spaces ranging from a minimum of 650 square feet to a maximum contiguous space of 1,718 square feet. Currently, 2,368 square feet are vacant, presenting a unique chance for businesses seeking immediate occupancy. The property is zoned B2, allowing for a variety of retail uses. Ample parking is provided with 75 spaces available for customers and employees. The location benefits from high visibility and accessibility on Baltimore National Pike in Howard County, a desirable area known for its strong retail market and affluent demographics. The space previously housed a bank, offering a well-constructed and adaptable layout. This is an ideal opportunity for businesses seeking a prominent location in a busy retail corridor. The property's convenient access, ample parking, and versatile space make it an attractive option for a wide range of retail ventures.

• CAP approach

  CAP return

  Valuation

  6%

  $2,702,786

  6.5%

  $2,494,879

  7%

  $2,316,673

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,781,596

  Geo Method

  $1,781,596

• Alternative Use

  Use

  Valuation

  Residential

  $2,104,524

  Hospitality

  $1,927,732

  Educational

  $1,603,851

  Medical

  $1,659,010

  Retail

  $2,494,879

Location Insight

City

Ellicott City

County

Howard

State

Maryland

Latitude

39.2774

Longitude

-76.8246

CBSA code

12580

CBSA name

BALTIMORE-TOWSON, MD METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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