5820 York Rd - Medical FOR SALE


Baltimore, MD 21212- Rosebank
$2,500,000 USD
240-539-3796
5820 York Rd, Baltimore, MD for Sale
$2,500,000 USD
Medical - FOR SALE
1/16
null | 9% Cap Rate

5820 York Rd
Baltimore, MD 21212
Rosebank


OVERVIEW

Thomas Park Commercial is pleased to present the exclusive offering of 5820 York Road, a 20,000 square foot medical office building prominently positioned along one of Baltimore’s most active commuter corridors. Anchored by Davita Dialysis, the property is 100% occupied by a diverse mix of tenants, providing immediate in-place cash flow with significant upside potential through rental rate adjustments and lease restructuring. Current lease rates are below market with minimal expense passthroughs, offering investors a compelling value-add opportunity upon lease renewals or tenant turnover. Situated on high-visibility York Road, the property benefits from excellent frontage, strong traffic counts, and convenient access to the surrounding Towson, Govans, and Homeland neighborhoods. The building’s location, visibility, and tenant stability make it a highly desirable asset for investors seeking both steady income and long-term appreciation in a proven Baltimore corridor.

FOR SALE DETAILS

PRICE

$2,500,000 USD

PRICE/SF

$100 USD /SF

CAP RATE

9%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Belvedere Medical Center

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

B

YEAR BUILT

1965

SPRINKLERS

-

PARKING SPACES

84

LAND DETAILS

LAND ACRES

1.01 AC

LAND SF

43,778 SF

ZONING

C2, Baltimore City

APN/PARCEL ID

5099-008

ASK ABOUT THIS PROPERTY

Mason PophamThomas Park Commercial LLCMore Info
240-539-3796

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Mason PophamThomas Park Commercial LLCMore Info
240-539-3796

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.