4001 Falls RdBaltimore, MD 21211

  • Retail space
  • 4,872 SF
For Lease
$17.70/SF/YR View listing

Property Details for 4001 Falls Rd

Year built
1929
Construction
BRICK
Lot size
0.37 AC
Property size (Sq ft)
4,872 SF
Zone code
C-2
Property type
Retail space
APN
13-02-3590C-001
APU
13023590C001

Description

This exceptional 2,000 square foot retail space is ideally situated at 4001 Falls Road in Baltimore, Maryland's vibrant Hampden neighborhood. The property is a single-tenant building perfect for a gym or yoga studio, offering a unique opportunity to establish a presence in a thriving, eclectic community. Located just off the iconic 36th Street, also known as "The Avenue," this location benefits from high foot traffic and a strong sense of community. Hampden is renowned for its diverse mix of locally-owned shops, trendy restaurants, and charming storefronts, creating a dynamic and attractive environment for businesses. The property's address is 4001 Falls Road, Baltimore, MD 21211. Its convenient location within this bustling neighborhood provides excellent visibility and accessibility for customers. The building's single-tenant occupancy ensures a focused and controlled environment for the business. This presents a rare opportunity to secure a well-positioned retail space in a highly desirable area of Baltimore, offering significant potential for growth and success within a vibrant and established commercial district. The property's size and location make it an ideal fit for a fitness-focused business seeking a strong foothold in a community known for its active and health-conscious residents.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,544,258
    6.5%
    $1,425,469
    7%
    $1,323,650
  • Comparable approach

    Method
    Valuation
    Relative Method
    $772,374
    Geo Method
    $772,374
  • Alternative Use

    Use
    Valuation
    Residential
    $1,202,436
    Hospitality
    $1,101,425
    Educational
    $916,373
    Medical
    $947,888
    Retail
    $1,425,469
4001 Falls Rd, Baltimore, Maryland

Location Insight

City
Baltimore
County
Baltimore City
State
Maryland
Latitude
39.3367
Longitude
-76.6363
CBSA code
12580
CBSA name
BALTIMORE-TOWSON, MD METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$7,711
-
-
$326,733
-
$105,300
$246,500
$351,800

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