3818 Roland AveBaltimore, MD 21211

Property Details for 3818 Roland Ave

Year built

1920

Construction

BRICK

Lot size

0.31 AC

Property size (Sq ft)

3,518 SF

Zone code

R-6

Property type

Office buildings

APN

13-02-3563A-039

APU

13023563A039

Description

This exceptional 5,277 square foot office building presents a unique owner-user opportunity in Baltimore's highly desirable Hampden neighborhood. Situated on a corner lot, this two-story structure boasts excellent roadside visibility, ensuring maximum exposure for your business. Its prime location offers unparalleled convenience, being just one block from the Rotunda and two blocks from the vibrant 36th Street "Avenue," a bustling hub of activity. The property benefits from an approximate average daily traffic count of 15,000 vehicles, guaranteeing significant foot and vehicle traffic. This translates to exceptional potential for attracting clients and customers. Easy access to I-83 provides seamless connectivity to the wider Baltimore metropolitan area and beyond, enhancing its appeal to both employees and clients. The building's size and layout offer ample space for a variety of business uses, making it an ideal investment for those seeking a prominent presence in a thriving community. The building's location within Hampden, consistently ranked among Baltimore's best neighborhoods, offers a desirable and prestigious address. This is a rare opportunity to acquire a well-positioned commercial property in a sought-after area with high visibility and convenient access to major transportation routes. The building's strong location and high traffic count make it an attractive investment for owner-occupiers seeking a strategic location for their business.

• CAP approach

  CAP return

  Valuation

  6%

  $758,562

  6.5%

  $700,211

  7%

  $650,196

• Comparable approach

  Method

  Valuation

  Relative Method

  $221,317

  Geo Method

  $221,317

• Alternative Use

  Use

  Valuation

  Residential

  $868,262

  Hospitality

  $795,323

  Educational

  $661,700

  Medical

  $684,456

  Retail

  $1,029,310

Location Insight

City

Baltimore

County

Baltimore City

State

Maryland

Latitude

39.3348

Longitude

-76.6333

CBSA code

12580

CBSA name

BALTIMORE-TOWSON, MD METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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