6711 Holabird AveBaltimore, MD 21222

Property Details for 6711 Holabird Ave

Year built

1933

Construction

BRICK

Lot size

0.12 AC

Property size (Sq ft)

2,926 SF

Zone code

C-1

Property type

Retail space

APN

26-01-6925 -020

APU

26016925020

Description

This exceptional retail property, located at 6711 Holabird Avenue in Baltimore, MD's Graceland Park neighborhood (near Dundalk), presents a compelling investment opportunity. Boasting 2,926 square feet on a 0.12-acre lot, this property benefits from its high-visibility location on Holabird Avenue, a major thoroughfare with a reported 14,323 cars passing daily. Its strategic position offers easy access to Dundalk Avenue, I-95, and the Baltimore Beltway (I-695), ensuring convenient access for both customers and employees. The surrounding area features a diverse mix of businesses, including well-known establishments such as Jimmy's Famous Seafood, Squires Italian Restaurant, and Johns Hopkins facilities, along with other retail, dining, office, religious, and service providers. The property's proximity to industrial areas, including the ports and marine terminals, provides a strong potential customer base. Further enhancing its appeal, this property is situated within both an Opportunity Zone and a Baltimore City Enterprise Zone, offering significant tax and employment incentives for owners and businesses. The property is being offered via auction, with online bidding opening February 4, 2025, and a live auction on February 6, 2025, at 12:00 noon. The listed price represents the opening bid.

• CAP approach

  CAP return

  Valuation

  6%

  $927,442

  6.5%

  $856,101

  7%

  $794,951

• Comparable approach

  Method

  Valuation

  Relative Method

  $463,868

  Geo Method

  $463,868

• Alternative Use

  Use

  Valuation

  Residential

  $722,153

  Hospitality

  $661,488

  Educational

  $550,350

  Medical

  $569,278

  Retail

  $856,101

Location Insight

City

Baltimore

County

Baltimore City

State

Maryland

Latitude

39.2722

Longitude

-76.5301

CBSA code

12580

CBSA name

BALTIMORE-TOWSON, MD METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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