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Auction - Walmart Outparcel | Former 7-Eleven 204 Bowleys Quarters Rd

2,640 SF Retail Building Middle River, MD 21220 $212,613 CAD ($81 CAD/SF)

Investment Highlights

  • STARTING BID $150,000 | Former 7-Eleven | 32K VPD Traffic Count | AUCTION NOVEMBER 4-6, 2024
  • Co-Tenants on Nearby Parcels Include Walmart, Dollar Tree, True Value, Advance Auto Parts, Dunkin, McDonald’s, Walgreens, and more
  • Positioned at Intersection of Bowleys Quarters Road (16,541 VPD) and Carroll Island Road (15,651VPD)
  • Freestanding Former 7-Eleven Shadow-Anchored by Walmart with Combined Traffic Counts of 32,192 VPD
  • Flexible BL, Business Local, Zoning Ideal for Retail, Restaurant, Bank, Office, Medical Clinic, Car Wash (special exception)
  • Located Within a Densely Populated Area That Services ±111,830 Individuals in a 5-Mile Radius with an Average Household Income of ±$94,390

Executive Summary

Marcus & Millichap is pleased to present a vacant, freestanding retail opportunity located at 204 Carroll Island Road (the “Property”) in Middle River, Maryland. The Property, formerly occupied by 7-Eleven, offers an exceptional investment opportunity with value enhancement through lease up (or owner/user occupant) at a significant discount.

The Property features a one-story, free-standing retail building totaling ±2,640 square feet on ±0.58 acres, with ±12 surface parking spaces. It is an outparcel to Walmart and strategically positioned at the corner of Bowleys Quarters Road (±16,541 VPD) and Carroll Island Road (±15,651 VPD). Neighboring national tenants include Walmart, Dollar Tree, True Value, Advance Auto Parts, Dunkin, McDonald’s, and Walgreens. The Property is zoned BL (Business Local), allowing for a variety of flexible uses, including retail, restaurant, financial, office, medical clinic, and car wash (special exception).

Middle River is a strategically positioned in Baltimore County, approximately 10 miles northeast of downtown Baltimore. The area benefits from its strategic coastal position near major transportation routes, including Interstate 95, Route 40, and the Baltimore Beltway. Major employers in the area include Lockheed Martin and other defense contractors, which support the local economy and workforce. As of 2024, the Property’s demographics have ±111,830 individuals residing within a 5-mile radius, with an average household income of ±$94,390.
Lynne Zink
c/o Fisher Auction Company Inc.
License: 059-AU

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Convenience Store
Building Size
2,640 SF
Building Class
B
Year Built
1900
Price
$212,613 CAD
Price Per SF
$81 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Land Acres
0.58 AC
Zoning
BL

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
15-1519610920
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$483,893 CAD
  • Listing ID: 34078483

  • Date on Market: 2024-09-20

  • Last Updated:

  • Address: 204 Bowleys Quarters Rd, Middle River, MD 21220

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