5721 Main Street

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5721 Main Street

Elkridge, MD 21075
Asking Price
$775K
Asset Type
Retail
Class
Class B

What's Special

Tremendous Upside Potential Retail/Office With Metal Storage Warehouses Just 7 Minutes From BWI <p>Tremendous Upside Potential Retail/Office With Metal Storage Warehouses Just 7 Minutes From BWI. This property is one block from Route 1, and right very close to Routes 195, 895, and 100. It needs a lot of work, but is priced taking that into consideration. It is historically recognize (but not designated), which may allow the buyer tax credits for renovation. The location is unbeatable for someone that wants to be a block from Route 1, two blocks from 895, and just 7 minutes from BWI-Thu

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NOI
$80,000
Cap Rate
10.32%
DSCR
1.74
Strong
Cash-on-Cash
14.62%
Monthly Payment
$3,834.277
Annual Cash Flow
$33,988.674

Location & Travel Times