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For more information contact:
Bank Street Development1618 Bank StreetBaltimore, MD 21231
D. Scott Smith, CCIM
Commercial Manager
443.691.8153
Phone: 410-464-5500 ● 5000 Lawndale Ave. ● Baltimore, MD 21210 ● www.PenFedCommercial.com
Redevelopment Opportunity●
Over 17,000 sqft●
Growing demographic and demand●
High Traffic Count●
Rarely Available●
Table of Contents
Real Estate Investment Details ..................................................................................... 3
Biography......................................................................................................................... 4
Property Description .................................................................................................... 5
Property Photos ............................................................................................................. 6
Maps and Aerials ........................................................................................................... 7
Executive Summary ...................................................................................................... 8
Lease Rent Roll .............................................................................................................. 9
Property Resale Analysis ........................................................................................... 9
Property Equity Analysis ............................................................................................ 11
Equity vs. Debt ............................................................................................................... 12
Property Flyer ................................................................................................ Attachment
Executive Summary .................................................................................... Attachment
Housing Profile ............................................................................................. Attachment
Psychographs ................................................................................................ Attachment
Retail Profile ................................................................................................... Attachment
Traffic Map...................................................................................................... Attachment
Real Estate Investment Details
ANALYSIS
Analysis Date November 2013
PROPERTY
Property Bank Street Development
Property Address 1618 Bank StreetBaltimore, MD 21231
Year Built 1920
FINANCIAL INFORMATION
Down Payment $89,800
Closing Costs $15,000
LT Capital Gain 15.00%
Federal Tax Rate 33.0%
State Tax Rate 3.2%
Discount Rate 6.00%
PURCHASE INFORMATION
Property Type Commercial
Purchase Price $449,000
Fair Market Value $449,000
Tenants 1
Total Rentable Sq. Ft. 15,800
Resale Valuation 2.5% (annual appreciation)
Resale Expenses 10.0%
LOANS
Debt Term Amortization Rate Payment LO Costs
Fixed $359,200 30 years 30 years 5.0% $1,928
INCOME & EXPENSES CONTACT INFORMATION
D. Scott Smith, CCIM
443.691.8153
The calculations and data presented are deemed to be accurate, but not guaranteed. They are intended for the purpose of illustrative projectionsand analysis. The information provided is not intended to replace or serve as substitute for any legal, accounting, investment, real estate, tax orother professional advice, consultation or service. The user of this software should consult with a professional in the respective legal, accounting,tax or other professional area before making any decisions.
page 3 of 12
BiographyBank Street Development
1618 Bank StreetBaltimore, MD 21231
D. Scott Smith, CCIM443.691.8153
PROFESSIONAL BIO
With 18 years of industry experience, earning his CCIMdesignation in 2007, Smith has held various leadership positionsfrom MD/DC CCIM Chapter President, CCIM Institute RegionalVP, to Partner at McFalls & Smith International Development.Today, Smith is a Commercial Manager at Prudential PenFedRealty's Commercial Division, a Commercial Real EstateColumnist for AGBeat, National Speaker and course writer on thetopic of Commercial and Investment real estate, and a Professorof Real Estate at the Professional Development Institute. Smithhas educated hundreds of REALTORS, investors, and smallbusiness owners, helping them find success through variousbusiness and analytic channels as it relates to Commercial RealEstate.
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Property DescriptionBank Street Development
1618 Bank StreetBaltimore, MD 21231
D. Scott Smith, CCIM443.691.8153
Commercial/industrial type use. Other use doesrequire an ordinance from the City of Baltimore.Great potential with a fantastic location! Rightacross the street a 30+ unit mixed use buildinggoing up. Price per/SF great for a Reno projectin Fells!! Consists of 1618-1628 Bank St as wellas 319 S. Bethel St. Over 17K SF of adjoinedspace! Buyer to confirm zoning
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Property PhotosBank Street Development
1618 Bank StreetBaltimore, MD 21231
D. Scott Smith, CCIM443.691.8153
Front Side
Interior Interior
Interior Interior
page 6 of 12
Maps and AerialsBank Street Development
1618 Bank StreetBaltimore, MD 21231
D. Scott Smith, CCIM443.691.8153
Study Area
Aerial
page 7 of 12
Executive SummaryBank Street Development
1618 Bank StreetBaltimore, MD 21231
D. Scott Smith, CCIM443.691.8153
ACQUISITION COSTS
Purchase Price, Points and Closing Costs $464,000
Investment - Cash $104,800
First Loan $359,200
INVESTMENT INFORMATION
Purchase Price $449,000
Price per Tenant $449,000
Price per Sq. Ft. $28.42
INCOME, EXPENSES & CASH FLOW
Gross Scheduled Income $0
Total Vacancy and Credits $0
Operating Expenses $0
Net Operating Income $0
Debt Service ($23,139)
Cash Flow Before Taxes ($23,139)
Total Interest (Debt Service) ($17,840)
Depreciation and Amortization ($9,293)
Taxable Income (Loss) ($27,133)
Tax Savings (Costs) $9,822
Cash Flow After Taxes ($13,317)
FINANCIAL INDICATORS
Cash on Cash Return Before Taxes -22.08%
Optimal Internal Rate of Return (yr 20) 0.17%
Debt Coverage Ratio 0.00
Capitalization Rate 0.00%
Gross Income / Square Feet $0.00
page 8 of 12
Property Resale AnalysisBank Street Development
1618 Bank StreetBaltimore, MD 21231
D. Scott Smith, CCIM443.691.8153
Description Year 1 Year 2 Year 3 Year 4 Year 5 Year 6 Year 7 Year 8 Year 9 Year 10
Projected Property Value $460,225 $471,731 $483,524 $495,612 $508,002 $520,702 $533,720 $547,063 $560,739 $574,758
Resale Expenses ($46,023) ($47,173) ($48,352) ($49,561) ($50,800) ($52,070) ($53,372) ($54,706) ($56,074) ($57,476)
Proceeds b/f Debt Payoff $414,203 $424,558 $435,172 $446,051 $457,202 $468,632 $480,348 $492,357 $504,666 $517,282
Basis at Acquisition $464,000 $464,000 $464,000 $464,000 $464,000 $464,000 $464,000 $464,000 $464,000 $464,000
Depreciation ($9,293) ($18,991) ($28,689) ($38,386) ($48,084) ($57,782) ($67,480) ($77,177) ($86,875) ($96,573)
Adjusted Tax Basis $454,707 $445,009 $435,311 $425,614 $415,916 $406,218 $396,520 $386,823 $377,125 $367,427
Resale Tax Gain (Loss) ($40,504) ($20,452) ($140) $20,437 $41,286 $62,414 $83,827 $105,534 $127,541 $149,855
Resale Tax Benefit (Cost) $0 $0 $0 ($5,109) ($10,322) ($15,140) ($19,322) ($23,548) ($27,819) ($32,136)
Loan Principal Balance ($353,900) ($348,330) ($342,474) ($336,319) ($329,849) ($323,048) ($315,898) ($308,384) ($300,484) ($292,181)
Net Resale Proceeds $60,302 $76,228 $92,697 $104,623 $117,032 $130,444 $145,127 $160,425 $176,363 $192,966
Footnotes: b/f = before
page 9 of 12
Property Resale AnalysisBank Street Development
1618 Bank StreetBaltimore, MD 21231
D. Scott Smith, CCIM443.691.8153
Description Year 11 Year 12 Year 13 Year 14 Year 15 Year 16 Year 17 Year 18 Year 19 Year 20
Projected Property Value $589,127 $603,855 $618,951 $634,425 $650,286 $666,543 $683,207 $700,287 $717,794 $735,739
Resale Expenses ($58,913) ($60,386) ($61,895) ($63,443) ($65,029) ($66,654) ($68,321) ($70,029) ($71,779) ($73,574)
Proceeds b/f Debt Payoff $530,214 $543,470 $557,056 $570,983 $585,257 $599,889 $614,886 $630,258 $646,015 $662,165
Basis at Acquisition $464,000 $464,000 $464,000 $464,000 $464,000 $464,000 $464,000 $464,000 $464,000 $464,000
Depreciation ($106,270) ($115,968) ($125,666) ($135,364) ($145,061) ($154,759) ($164,457) ($174,155) ($183,852) ($193,159)
Adjusted Tax Basis $357,730 $348,032 $338,334 $328,636 $318,939 $309,241 $299,543 $289,845 $280,148 $270,841
Resale Tax Gain (Loss) $172,485 $195,438 $218,722 $242,346 $266,319 $290,648 $315,343 $340,413 $365,867 $391,323
Resale Tax Benefit (Cost) ($36,500) ($40,912) ($45,375) ($49,888) ($54,454) ($59,073) ($63,747) ($68,477) ($73,265) ($78,014)
Loan Principal Balance ($283,452) ($274,277) ($264,633) ($254,495) ($243,839) ($232,637) ($220,863) ($208,486) ($195,475) ($181,799)
Net Resale Proceeds $210,262 $228,280 $247,048 $266,599 $286,964 $308,178 $330,276 $353,295 $377,274 $402,351
Footnotes: b/f = before
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Property Equity AnalysisBank Street Development
1618 Bank StreetBaltimore, MD 21231
D. Scott Smith, CCIM443.691.8153
Year 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20
$56,000
$112,000
$168,000
$224,000
$280,000
$336,000
$392,000
$448,000
$504,000
$560,000
Legend
Initial Equity Equity (loan reduction) Equity (appreciation)
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Equity vs. DebtBank Street Development
1618 Bank StreetBaltimore, MD 21231
D. Scott Smith, CCIM443.691.8153
Year 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20
$56,000
$112,000
$168,000
$224,000
$280,000
$336,000
$392,000
$448,000
$504,000
$560,000
Legend
Equity Loan Principal Balance
page 12 of 12
Property FlyerBank Street Development1618 Bank StreetBaltimore, MD 21231
Bank Street Development1618 Bank StreetBaltimore, MD 21231
Phone: 410-464-5500 ● 5000 Lawndale Ave. ● Baltimore, MD 21210 ● www.PenFedCommercial.com
D. Scott Smith, CCIMCommercial Manager
443.691.8153
Over 17K SF of adjoined space!❖
Outstanding Development Potential❖
Strong Growing Demographics❖
Fells Point Location❖
Executive SummaryBank Street Development1618 Bank StreetBaltimore, MD 21231
Executive Summarybank st Prepared by D. Scott Smith1618 Bank St, Baltimore, MD, 21231, Latitude: 39.286560792Drive Time: 1, 3, 5 minutes Longitude: -76.59439033
0 - 1 minute 0 - 3 minutes 0 - 5 minutesPopulation
2000 Population 1,933 16,543 69,013
2010 Population 2,075 18,318 66,830
2013 Population 2,072 18,722 67,847
2018 Population 2,073 19,205 69,203
2000-2010 Annual Rate 0.71% 1.02% -0.32%
2010-2013 Annual Rate -0.04% 0.67% 0.47%
2013-2018 Annual Rate 0.01% 0.51% 0.40%2013 Male Population 50.8% 49.8% 52.4%2013 Female Population 49.2% 50.2% 47.6%2013 Median Age 30.4 32.6 32.1
In the identified area, the current year population is 67,847. In 2010, the Census count in the area was 66,830. The rate of change since2010 was 0.47% annually. The five-year projection for the population in the area is 69,203 representing a change of 0.40% annually from2013 to 2018. Currently, the population is 52.4% male and 47.6% female.
Median Age
The median age in this area is 32.1, compared to U.S. median age of 37.3.
Race and Ethnicity2013 White Alone 32.8% 57.3% 41.8%
2013 Black Alone 50.6% 28.4% 46.9%2013 American Indian/Alaska Native Alone 0.7% 0.6% 0.6%2013 Asian Alone 2.9% 4.6% 3.7%2013 Pacific Islander Alone 0.0% 0.1% 0.1%2013 Other Race 9.9% 6.0% 4.3%2013 Two or More Races 3.0% 3.1% 2.5%2013 Hispanic Origin (Any Race) 17.6% 13.4% 10.4%
Persons of Hispanic origin represent 10.4% of the population in the identified area compared to 17.4% of the U.S. population. Persons ofHispanic Origin may be of any race. The Diversity Index, which measures the probability that two people from the same area will be fromdifferent race/ethnic groups, is 67.7 in the identified area, compared to 62.1 for the U.S. as a whole.
Households
2000 Households 813 7,989 25,6122010 Households 810 8,908 26,7892013 Total Households 809 9,128 27,3732018 Total Households 811 9,377 28,0882000-2010 Annual Rate -0.03% 1.09% 0.45%2010-2013 Annual Rate -0.02% 0.76% 0.67%2013-2018 Annual Rate 0.04% 0.54% 0.52%2013 Average Household Size 2.42 1.99 2.19
The household count in this area has changed from 26,789 in 2010 to 27,373 in the current year, a change of 0.67% annually. The five-yearprojection of households is 28,088, a change of 0.52% annually from the current year total. Average household size is currently 2.19,compared to 2.20 in the year 2010. The number of families in the current year is 11,637 in the specified area.
November 04, 2013
©2013 Esri Page 1 of 2
Data Note: Income is expressed in current dollarsSource: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2013 and 2018. Esri converted Census 2000 data into 2010 geography.
Executive Summarybank st Prepared by D. Scott Smith1618 Bank St, Baltimore, MD, 21231, Latitude: 39.286560792Drive Time: 1, 3, 5 minutes Longitude: -76.59439033
0 - 1 minute 0 - 3 minutes 0 - 5 minutesMedian Household Income
2013 Median Household Income $30,334 $50,047 $43,4022018 Median Household Income $37,703 $58,186 $49,8172013-2018 Annual Rate 4.45% 3.06% 2.80%
Average Household Income
2013 Average Household Income $58,142 $73,958 $65,5482018 Average Household Income $68,542 $86,507 $76,2462013-2018 Annual Rate 3.35% 3.18% 3.07%
Per Capita Income
2013 Per Capita Income $24,563 $36,806 $28,9192018 Per Capita Income $28,794 $42,999 $33,3832013-2018 Annual Rate 3.23% 3.16% 2.91%
Households by Income
Current median household income is $43,402 in the area, compared to $51,314 for all U.S. households. Median household income isprojected to be $49,817 in five years, compared to $59,580 for all U.S. households
Current average household income is $65,548 in this area, compared to $71,842 for all U.S households. Average household income isprojected to be $76,246 in five years, compared to $83,667 for all U.S. households
Current per capita income is $28,919 in the area, compared to the U.S. per capita income of $27,567. The per capita income is projected tobe $33,383 in five years, compared to $32,073 for all U.S. households Housing
2000 Total Housing Units 939 10,251 32,2122000 Owner Occupied Housing Units 200 2,995 10,7932000 Owner Occupied Housing Units 613 4,995 14,8192000 Vacant Housing Units 126 2,261 6,600
2010 Total Housing Units 978 10,677 33,0602010 Owner Occupied Housing Units 175 3,410 10,4712010 Renter Occupied Housing Units 635 5,498 16,3182010 Vacant Housing Units 168 1,769 6,271
2013 Total Housing Units 988 10,793 33,4152013 Owner Occupied Housing Units 177 3,452 10,5152013 Renter Occupied Housing Units 632 5,677 16,8582013 Vacant Housing Units 179 1,665 6,042
2018 Total Housing Units 997 10,900 33,8272018 Owner Occupied Housing Units 184 3,571 10,7992018 Renter Occupied Housing Units 628 5,807 17,2882018 Vacant Housing Units 186 1,523 5,739
Currently, 31.5% of the 33,415 housing units in the area are owner occupied; 50.5%, renter occupied; and 18.1% are vacant. Currently, inthe U.S., 56.4% of the housing units in the area are owner occupied; 32.3% are renter occupied; and 11.3% are vacant. In 2010, therewere 33,060 housing units in the area - 31.7% owner occupied, 49.4% renter occupied, and 19.0% vacant. The annual rate of change inhousing units since 2010 is 0.48%. Median home value in the area is $228,868, compared to a median home value of $177,257 for the U.S.In five years, median value is projected to change by 5.12% annually to $293,748.
November 04, 2013
©2013 Esri Page 2 of 2
Data Note: Income is expressed in current dollarsSource: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2013 and 2018. Esri converted Census 2000 data into 2010 geography.
Housing ProfileBank Street Development1618 Bank StreetBaltimore, MD 21231
Housing Profilebank st Prepared by D. Scott Smith1618 Bank St, Baltimore, MD, 21231, Latitude: 39.286560792Drive Time: 1 minute Longitude: -76.59439033
Population Households2010 Total Population 2,075 2013 Median Household Income $30,3342013 Total Population 2,072 2018 Median Household Income $37,7032018 Total Population 2,073 2013-2018 Annual Rate 4.45%2013-2018 Annual Rate 0.01%
Census 2010 2013 2018Housing Units by Occupancy Status and Tenure Number Percent Number Percent Number Percent
Total Housing Units 978 100.0% 988 100.0% 997 100.0%Occupied 810 82.8% 809 81.9% 812 81.4%
Owner 175 17.9% 177 17.9% 184 18.5%Renter 635 64.9% 632 64.0% 628 63.0%
Vacant 168 17.2% 179 18.1% 186 18.7%
2013 2018Owner Occupied Housing Units by Value Number Percent Number Percent
Total 174 100.0% 184 100.0%<$50,000 3 1.7% 3 1.6%$50,000-$99,999 13 7.5% 9 4.9%$100,000-$149,999 25 14.4% 11 6.0%$150,000-$199,999 26 14.9% 13 7.1%$200,000-$249,999 23 13.2% 15 8.2%
$250,000-$299,999 25 14.4% 21 11.4%$300,000-$399,999 31 17.8% 43 23.4%$400,000-$499,999 14 8.0% 27 14.7%$500,000-$749,999 10 5.7% 27 14.7%$750,000-$999,999 4 2.3% 14 7.6%$1,000,000+ 0 0.0% 1 0.5%
Median Value $243,969 $346,228Average Value $275,569 $386,630
Source: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2013 and 2018.
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Housing Profilebank st Prepared by D. Scott Smith1618 Bank St, Baltimore, MD, 21231, Latitude: 39.286560792Drive Time: 1 minute Longitude: -76.59439033
Census 2010 Owner Occupied Housing Units by Mortgage Status Number PercentTotal 175 100.0%
Owned with a Mortgage/Loan 134 76.6%Owned Free and Clear 41 23.4%
Census 2010 Vacant Housing Units by StatusNumber Percent
Total 168 100.0%For Rent 80 47.6%Rented- Not Occupied 3 1.8%For Sale Only 22 13.1%Sold - Not Occupied 11 6.5%Seasonal/Recreational/Occasional Use 10 6.0%For Migrant Workers 0 0.0%Other Vacant 42 25.0%
Census 2010 Occupied Housing Units by Age of Householder and Home Ownership Owner Occupied Units
Occupied Units Number % of OccupiedTotal 811 176 21.7%
15-24 72 3 4.2%25-34 267 44 16.5%35-44 148 39 26.4%45-54 153 32 20.9%55-64 96 30 31.3%65-74 38 12 31.6%75-84 29 10 34.5%85+ 8 6 75.0%
Census 2010 Occupied Housing Units by Race/Ethnicity of Householder and Home Ownership Owner Occupied Units
Occupied Units Number % of OccupiedTotal 808 175 21.7%
White Alone 336 146 43.5%Black/African American 376 10 2.7%American Indian/Alaska 6 0 0.0%Asian Alone 25 11 44.0%Pacific Islander Alone 1 1 100.0%Other Race Alone 45 5 11.1%Two or More Races 19 2 10.5%
Hispanic Origin 84 9 10.7%
Census 2010 Occupied Housing Units by Size and Home Ownership Owner Occupied Units
Occupied Units Number % of OccupiedTotal 810 175 21.6%
1-Person 314 73 23.2%2-Person 213 57 26.8%3-Person 132 29 22.0%4-Person 72 10 13.9%5-Person 42 3 7.1%6-Person 20 1 5.0%7+ Person 17 2 11.8%
Data Note: Persons of Hispanic Origin may be of any race.Source: U.S. Census Bureau, Census 2010 Summary File 1.
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Housing Profilebank st Prepared by D. Scott Smith1618 Bank St, Baltimore, MD, 21231, Latitude: 39.286560792Drive Time: 3 minutes Longitude: -76.59439033
Population Households2010 Total Population 18,318 2013 Median Household Income $50,0472013 Total Population 18,722 2018 Median Household Income $58,1862018 Total Population 19,205 2013-2018 Annual Rate 3.06%2013-2018 Annual Rate 0.51%
Census 2010 2013 2018Housing Units by Occupancy Status and Tenure Number Percent Number Percent Number Percent
Total Housing Units 10,677 100.0% 10,793 100.0% 10,900 100.0%Occupied 8,908 83.4% 9,129 84.6% 9,378 86.0%
Owner 3,410 31.9% 3,452 32.0% 3,571 32.8%Renter 5,498 51.5% 5,677 52.6% 5,807 53.3%
Vacant 1,769 16.6% 1,665 15.4% 1,523 14.0%
2013 2018Owner Occupied Housing Units by Value Number Percent Number Percent
Total 3,450 100.0% 3,568 100.0%<$50,000 27 0.8% 15 0.4%$50,000-$99,999 166 4.8% 83 2.3%$100,000-$149,999 286 8.3% 98 2.7%$150,000-$199,999 424 12.3% 185 5.2%$200,000-$249,999 570 16.5% 355 9.9%
$250,000-$299,999 615 17.8% 473 13.3%$300,000-$399,999 690 20.0% 900 25.2%$400,000-$499,999 336 9.7% 568 15.9%$500,000-$749,999 244 7.1% 645 18.1%$750,000-$999,999 60 1.7% 196 5.5%$1,000,000+ 32 0.9% 50 1.4%
Median Value $270,498 $363,907Average Value $306,789 $411,750
Source: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2013 and 2018.
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Housing Profilebank st Prepared by D. Scott Smith1618 Bank St, Baltimore, MD, 21231, Latitude: 39.286560792Drive Time: 3 minutes Longitude: -76.59439033
Census 2010 Owner Occupied Housing Units by Mortgage Status Number PercentTotal 3,410 100.0%
Owned with a Mortgage/Loan 2,701 79.2%Owned Free and Clear 709 20.8%
Census 2010 Vacant Housing Units by StatusNumber Percent
Total 1,769 100.0%For Rent 753 42.6%Rented- Not Occupied 59 3.3%For Sale Only 316 17.9%Sold - Not Occupied 70 4.0%Seasonal/Recreational/Occasional Use 170 9.6%For Migrant Workers 0 0.0%Other Vacant 417 23.6%
Census 2010 Occupied Housing Units by Age of Householder and Home Ownership Owner Occupied Units
Occupied Units Number % of OccupiedTotal 8,908 3,410 38.3%
15-24 634 70 11.0%25-34 3,088 920 29.8%35-44 1,620 739 45.6%45-54 1,259 540 42.9%55-64 1,128 583 51.7%65-74 647 302 46.7%75-84 399 182 45.6%85+ 133 74 55.6%
Census 2010 Occupied Housing Units by Race/Ethnicity of Householder and Home Ownership Owner Occupied Units
Occupied Units Number % of OccupiedTotal 8,908 3,410 38.3%
White Alone 5,661 2,732 48.3%Black/African American 2,394 418 17.5%American Indian/Alaska 49 12 24.5%Asian Alone 365 156 42.7%Pacific Islander Alone 5 3 60.0%Other Race Alone 254 37 14.6%Two or More Races 180 52 28.9%
Hispanic Origin 611 127 20.8%
Census 2010 Occupied Housing Units by Size and Home Ownership Owner Occupied Units
Occupied Units Number % of OccupiedTotal 8,908 3,409 38.3%
1-Person 3,911 1,395 35.7%2-Person 2,837 1,287 45.4%3-Person 1,167 443 38.0%4-Person 546 188 34.4%5-Person 232 49 21.1%6-Person 107 24 22.4%7+ Person 108 23 21.3%
Data Note: Persons of Hispanic Origin may be of any race.Source: U.S. Census Bureau, Census 2010 Summary File 1.
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Housing Profilebank st Prepared by D. Scott Smith1618 Bank St, Baltimore, MD, 21231, Latitude: 39.286560792Drive Time: 5 minutes Longitude: -76.59439033
Population Households2010 Total Population 66,830 2013 Median Household Income $43,4022013 Total Population 67,847 2018 Median Household Income $49,8172018 Total Population 69,203 2013-2018 Annual Rate 2.80%2013-2018 Annual Rate 0.40%
Census 2010 2013 2018Housing Units by Occupancy Status and Tenure Number Percent Number Percent Number Percent
Total Housing Units 33,060 100.0% 33,415 100.0% 33,827 100.0%Occupied 26,789 81.0% 27,373 81.9% 28,087 83.0%
Owner 10,471 31.7% 10,515 31.5% 10,799 31.9%Renter 16,318 49.4% 16,858 50.5% 17,288 51.1%
Vacant 6,271 19.0% 6,042 18.1% 5,739 17.0%
2013 2018Owner Occupied Housing Units by Value Number Percent Number Percent
Total 10,511 100.0% 10,795 100.0%<$50,000 263 2.5% 283 2.6%$50,000-$99,999 829 7.9% 687 6.4%$100,000-$149,999 1,382 13.1% 810 7.5%$150,000-$199,999 1,699 16.2% 1,148 10.6%$200,000-$249,999 1,875 17.8% 1,356 12.6%
$250,000-$299,999 1,492 14.2% 1,272 11.8%$300,000-$399,999 1,616 15.4% 2,228 20.6%$400,000-$499,999 646 6.1% 1,106 10.2%$500,000-$749,999 508 4.8% 1,338 12.4%$750,000-$999,999 118 1.1% 409 3.8%$1,000,000+ 83 0.8% 158 1.5%
Median Value $228,868 $293,748Average Value $261,752 $341,299
Source: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2013 and 2018.
November 04, 2013
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Housing Profilebank st Prepared by D. Scott Smith1618 Bank St, Baltimore, MD, 21231, Latitude: 39.286560792Drive Time: 5 minutes Longitude: -76.59439033
Census 2010 Owner Occupied Housing Units by Mortgage Status Number PercentTotal 10,471 100.0%
Owned with a Mortgage/Loan 8,206 78.4%Owned Free and Clear 2,265 21.6%
Census 2010 Vacant Housing Units by StatusNumber Percent
Total 6,271 100.0%For Rent 2,259 36.0%Rented- Not Occupied 134 2.1%For Sale Only 882 14.1%Sold - Not Occupied 123 2.0%Seasonal/Recreational/Occasional Use 278 4.4%For Migrant Workers 1 0.0%Other Vacant 2,611 41.6%
Census 2010 Occupied Housing Units by Age of Householder and Home Ownership Owner Occupied Units
Occupied Units Number % of OccupiedTotal 26,787 10,469 39.1%
15-24 2,080 188 9.0%25-34 8,773 2,782 31.7%35-44 4,680 1,998 42.7%45-54 3,979 1,671 42.0%55-64 3,401 1,794 52.7%65-74 2,166 1,100 50.8%75-84 1,237 658 53.2%85+ 471 278 59.0%
Census 2010 Occupied Housing Units by Race/Ethnicity of Householder and Home Ownership Owner Occupied Units
Occupied Units Number % of OccupiedTotal 26,790 10,471 39.1%
White Alone 14,267 7,332 51.4%Black/African American 10,073 2,482 24.6%American Indian/Alaska 133 47 35.3%Asian Alone 1,165 347 29.8%Pacific Islander Alone 18 6 33.3%Other Race Alone 612 103 16.8%Two or More Races 522 154 29.5%
Hispanic Origin 1,578 363 23.0%
Census 2010 Occupied Housing Units by Size and Home Ownership Owner Occupied Units
Occupied Units Number % of OccupiedTotal 26,791 10,472 39.1%
1-Person 10,821 4,010 37.1%2-Person 8,289 3,896 47.0%3-Person 3,640 1,445 39.7%4-Person 1,934 633 32.7%5-Person 1,037 272 26.2%6-Person 525 119 22.7%7+ Person 545 97 17.8%
Data Note: Persons of Hispanic Origin may be of any race.Source: U.S. Census Bureau, Census 2010 Summary File 1.
November 04, 2013
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PsychographsBank Street Development1618 Bank StreetBaltimore, MD 21231
Lifestyle Reportbank st Prepared by D. Scott Smith1618 Bank St, Baltimore, MD, 21231, Latitude: 39.286560792Drive Time: 1 minute Longitude: -76.59439033
64. City Commons 53.3 %23. Trendsetters 31.4 %27. Metro Renters 15.3 %
Top 10 Tapestry Segments
53.3 %
31.4 %
15.3 %
Top 10 Tapestry Segments:
64. City Commons
Single-parent families or singles who live alone comprise most of these very young households. With a median age of 26.7 years, City Commons isone of Tapestry’s youngest segments. Approximately half of the households have children; some households are multigenerational, with adults stillliving at home or grandparents who provide child care. The average household size of 2.8 is higher than the national average. Since 2000, populationin these areas has declined at 0.4 percent per year. These neighborhoods are not ethnically diverse; 81 percent of the population is black. Thirty-onepercent of the residents who work are employed in service occupations. For additional information on this lifestyle, click here:http://www.esri.com/~/media/Files/Pdfs/data/esri_data/pdfs/tapestry-singles/64_city_commons.pdf
23. Trendsetters
On the cutting edge of urban style, Trendsetters residents are young, diverse, and mobile. More than half the households are singles who live alone orshare the rent with a roommate. Families comprise the remainder. With a median age of 34.8 years, this segment is slightly younger than the U.S.median. Ethnically diverse, 13.7 percent of the residents are Asian and 23 percent are Hispanic; both percentages are well above those of the U.S.These residents are educated professionals who work in substantive jobs. Nineteen percent of the residents who are aged 25 years and older hold agraduate degree, 30 percent have earned a bachelor’s degree, and 73 percent have attended college. For additional information on this lifestyle, clickhere:http://www.esri.com/~/media/Files/Pdfs/data/esri_data/pdfs/tapestry-singles/23_trendsetters.pdf
27. Metro Renters
Young, educated singles, residents of Metro Renters neighborhoods are just beginning their professional careers in some of the largest U.S. cities suchas New York, Chicago, and Los Angeles. Residents will sometimes share housing with a roommate to help defray the cost of their high rent.Households are either single person or shared. The median age of 32.1 years is younger than the U.S. median of 37.3 years. Approximately 30percent are in their 20s; 14 percent are in their early 30s. This younger population is also more diverse than the U.S. population. Eleven and a halfpercent of the residents are Asian. The median household income is $49,852. For additional information on this lifestyle, click here:http://www.esri.com/~/media/Files/Pdfs/data/esri_data/pdfs/tapestry-singles/27_metro_renters.pdf
November 04, 2013
©2013 Esri Page 1 of 6
Data Note: This report identifies neighborhood segments in the area, and describes the socioeconomic quality of the immediate neighborhood. The index is a comparisonof the percent of households or population in the area, by Tapestry segment, to the percent of households or population in the United States, by segment. An index of 100is the US average.Source: Esri
Lifestyle Reportbank st Prepared by D. Scott Smith1618 Bank St, Baltimore, MD, 21231, Latitude: 39.286560792Drive Time: 1 minute Longitude: -76.59439033
November 04, 2013
©2013 Esri Page 2 of 6
Data Note: This report identifies neighborhood segments in the area, and describes the socioeconomic quality of the immediate neighborhood. The index is a comparisonof the percent of households or population in the area, by Tapestry segment, to the percent of households or population in the United States, by segment. An index of 100is the US average.Source: Esri
Lifestyle Reportbank st Prepared by D. Scott Smith1618 Bank St, Baltimore, MD, 21231, Latitude: 39.286560792Drive Time: 3 minutes Longitude: -76.59439033
27. Metro Renters 45.65 %64. City Commons 12.31 %36. Old and Newcomers 11.91 %23. Trendsetters 9.91 %55. College Towns 6.51 %54. Urban Rows 4.8 %52. Inner City Tenants 4.3 %65. Social Security Set 3.6 %22. Metropolitans 1 %
Top 10 Tapestry Segments
45.65 %
12.31 %
11.91 %
9.91 %
6.51 %
4.8 %
4.3 %
3.6 %
1 %
Top 10 Tapestry Segments:
27. Metro Renters
Young, educated singles, residents of Metro Renters neighborhoods are just beginning their professional careers in some of the largest U.S. cities suchas New York, Chicago, and Los Angeles. Residents will sometimes share housing with a roommate to help defray the cost of their high rent.Households are either single person or shared. The median age of 32.1 years is younger than the U.S. median of 37.3 years. Approximately 30percent are in their 20s; 14 percent are in their early 30s. This younger population is also more diverse than the U.S. population. Eleven and a halfpercent of the residents are Asian. The median household income is $49,852. For additional information on this lifestyle, click here:http://www.esri.com/~/media/Files/Pdfs/data/esri_data/pdfs/tapestry-singles/27_metro_renters.pdf
64. City Commons
Single-parent families or singles who live alone comprise most of these very young households. With a median age of 26.7 years, City Commons isone of Tapestry’s youngest segments. Approximately half of the households have children; some households are multigenerational, with adults stillliving at home or grandparents who provide child care. The average household size of 2.8 is higher than the national average. Since 2000, populationin these areas has declined at 0.4 percent per year. These neighborhoods are not ethnically diverse; 81 percent of the population is black. Thirty-onepercent of the residents who work are employed in service occupations. For additional information on this lifestyle, click here:http://www.esri.com/~/media/Files/Pdfs/data/esri_data/pdfs/tapestry-singles/64_city_commons.pdf
36. Old and Newcomers
Residents of these transitional neighborhoods are either beginning their careers or retiring. They range in age from their 20s to 75 and older. Theirmedian age of 36.4 years splits this disparity. There are more singles and shared households than families in these neighborhoods. Most of theresidents are white; however, the diversity closely resembles that of the U.S. The median household income of $38,531 is below the US median.Educational attainment, college, and graduate school enrollment are above average. The distribution of employees by occupation is similar to that ofthe U.S. For additional information on this lifestyle, click here:http://www.esri.com/~/media/Files/Pdfs/data/esri_data/pdfs/tapestry-singles/36_old_and_newcomers.pdf
23. Trendsetters
On the cutting edge of urban style, Trendsetters residents are young, diverse, and mobile. More than half the households are singles who live alone orshare the rent with a roommate. Families comprise the remainder. With a median age of 34.8 years, this segment is slightly younger than the U.S.median. Ethnically diverse, 13.7 percent of the residents are Asian and 23 percent are Hispanic; both percentages are well above those of the U.S.These residents are educated professionals who work in substantive jobs. Nineteen percent of the residents who are aged 25 years and older hold agraduate degree, 30 percent have earned a bachelor’s degree, and 73 percent have attended college. For additional information on this lifestyle, clickhere:http://www.esri.com/~/media/Files/Pdfs/data/esri_data/pdfs/tapestry-singles/23_trendsetters.pdf
November 04, 2013
©2013 Esri Page 3 of 6
Data Note: This report identifies neighborhood segments in the area, and describes the socioeconomic quality of the immediate neighborhood. The index is a comparisonof the percent of households or population in the area, by Tapestry segment, to the percent of households or population in the United States, by segment. An index of 100is the US average.Source: Esri
Lifestyle Reportbank st Prepared by D. Scott Smith1618 Bank St, Baltimore, MD, 21231, Latitude: 39.286560792Drive Time: 3 minutes Longitude: -76.59439033
55. College Towns
With a median age of 24.4 years, College Towns is the third youngest of all the Tapestry segments. Most residents are aged between 18 and 34 yearsand live in single-person or shared households. One-fourth of households are occupied by married-couple families. The race profile of this market issomewhat similar to the U.S. profile. Approximately three-fourths of the residents are white. College Towns residents are focused on their education;59 percent are enrolled in college or graduate school. After graduation, other residents stayed on to teach or do research. Because many studentsonly work part-time, the median household income of $32,433 ranks near the low end. Fifty-two percent of the employed residents work part-time.For additional information on this lifestyle, click here:http://www.esri.com/~/media/Files/Pdfs/data/esri_data/pdfs/tapestry-singles/55_college_towns.pdf
54. Urban Rows
The Urban Rows population of approximately 1.1 million people, the smallest of all the Tapestry segments, is still shrinking due to urban renewalprograms. With a median age of 32.6 years, this market is slightly younger than the national level. Household types are mainly a family mix ofmarried couples, single-parent families, and other families. Grandparents are caregivers in many households; many homes are multigenerational.Nearly 7 in 10 residents are black, and 2 in 10 are white. Twelve percent of the population is Hispanic. The median household income is $29,467.Some households supplement their wage and salary income with Supplemental Security Income or public assistance. For additional information onthis lifestyle, click here:http://www.esri.com/~/media/Files/Pdfs/data/esri_data/pdfs/tapestry-singles/54_urban_rows.pdf
52. Inner City Tenants
Inner City Tenants residents are a microcosm of urban diversity; their population is represented primarily by white, black, and Hispanic cultures.Three in ten residents are Hispanic. This multicultural market is younger than average, with a median age of 28.9 years. The household compositionalso reflects their youth. Household types are mixed; 34 percent are singles, 28 percent are married-couple families, 21 percent are single parents,and 10 percent share housing. Turnover is high in these neighborhoods because many are enrolled in nearby colleges and work part-time. Theseneighborhoods are also a steppingstone for recent immigrants, with an annual population growth of 0.46 percent. For additional information on thislifestyle, click here:http://www.esri.com/~/media/Files/Pdfs/data/esri_data/pdfs/tapestry-singles/52_inner_city_tenants.pdf
65. Social Security Set
Four in ten householders are aged 65 years or older; the median age is 44.4 years. Most of them live alone. Somewhat ethnically diverse, SocialSecurity Set neighborhoods are a blend of different racial groups; however, half of the residents are white, one-third are black, and 18 percent areHispanic. Although Social Security Set residents live on very low fixed incomes, they have accumulated some wealth they can tap into now thatthey’re retired. Their median household income is $16,332. Eight percent of households rely on public assistance; 16 percent receive SupplementalSecurity Income. The service industry provides more than half of the jobs held by these employed residents. For additional information on thislifestyle, click here:http://www.esri.com/~/media/Files/Pdfs/data/esri_data/pdfs/tapestry-singles/65_social_security_set.pdf
22. Metropolitans
Residents of Metropolitans communities prefer to live in older city neighborhoods. Approximately half of these households are singles who live alone orwith others; 40 percent are married-couple families. One in four of the residents is aged 20–34 years; the median age is 37.1 years. Diversity is low;most of the population is white. Half of the residents who are employed work in professional or managerial positions. More than 77 percent of thepopulation aged 25 years and older have attended college or completed a degree program. Thirty percent have earned a bachelor’s degree, and 22percent hold a graduate degree. The median household income is $54,926. For additional information on this lifestyle, click here:http://www.esri.com/~/media/Files/Pdfs/data/esri_data/pdfs/tapestry-singles/22_metropolitans.pdf
November 04, 2013
©2013 Esri Page 4 of 6
Data Note: This report identifies neighborhood segments in the area, and describes the socioeconomic quality of the immediate neighborhood. The index is a comparisonof the percent of households or population in the area, by Tapestry segment, to the percent of households or population in the United States, by segment. An index of 100is the US average.Source: Esri
Lifestyle Reportbank st Prepared by D. Scott Smith1618 Bank St, Baltimore, MD, 21231, Latitude: 39.286560792Drive Time: 5 minutes Longitude: -76.59439033
27. Metro Renters 35.61 %54. Urban Rows 23.5 %64. City Commons 10.77 %36. Old and Newcomers 9.94 %65. Social Security Set 5.59 %22. Metropolitans 5.18 %23. Trendsetters 3.42 %55. College Towns 2.28 %52. Inner City Tenants 1.86 %60. City Dimensions 1.86 %
Top 10 Tapestry Segments
35.61 %
23.5 %
10.77 %
9.94 %5.59 %
5.18 %
3.42 %
2.28 %
1.86 %
1.86 %
Top 10 Tapestry Segments:
27. Metro Renters
Young, educated singles, residents of Metro Renters neighborhoods are just beginning their professional careers in some of the largest U.S. cities suchas New York, Chicago, and Los Angeles. Residents will sometimes share housing with a roommate to help defray the cost of their high rent.Households are either single person or shared. The median age of 32.1 years is younger than the U.S. median of 37.3 years. Approximately 30percent are in their 20s; 14 percent are in their early 30s. This younger population is also more diverse than the U.S. population. Eleven and a halfpercent of the residents are Asian. The median household income is $49,852. For additional information on this lifestyle, click here:http://www.esri.com/~/media/Files/Pdfs/data/esri_data/pdfs/tapestry-singles/27_metro_renters.pdf
54. Urban Rows
The Urban Rows population of approximately 1.1 million people, the smallest of all the Tapestry segments, is still shrinking due to urban renewalprograms. With a median age of 32.6 years, this market is slightly younger than the national level. Household types are mainly a family mix ofmarried couples, single-parent families, and other families. Grandparents are caregivers in many households; many homes are multigenerational.Nearly 7 in 10 residents are black, and 2 in 10 are white. Twelve percent of the population is Hispanic. The median household income is $29,467.Some households supplement their wage and salary income with Supplemental Security Income or public assistance. For additional information onthis lifestyle, click here:http://www.esri.com/~/media/Files/Pdfs/data/esri_data/pdfs/tapestry-singles/54_urban_rows.pdf
64. City Commons
Single-parent families or singles who live alone comprise most of these very young households. With a median age of 26.7 years, City Commons isone of Tapestry’s youngest segments. Approximately half of the households have children; some households are multigenerational, with adults stillliving at home or grandparents who provide child care. The average household size of 2.8 is higher than the national average. Since 2000, populationin these areas has declined at 0.4 percent per year. These neighborhoods are not ethnically diverse; 81 percent of the population is black. Thirty-onepercent of the residents who work are employed in service occupations. For additional information on this lifestyle, click here:http://www.esri.com/~/media/Files/Pdfs/data/esri_data/pdfs/tapestry-singles/64_city_commons.pdf
36. Old and Newcomers
Residents of these transitional neighborhoods are either beginning their careers or retiring. They range in age from their 20s to 75 and older. Theirmedian age of 36.4 years splits this disparity. There are more singles and shared households than families in these neighborhoods. Most of theresidents are white; however, the diversity closely resembles that of the U.S. The median household income of $38,531 is below the US median.Educational attainment, college, and graduate school enrollment are above average. The distribution of employees by occupation is similar to that ofthe U.S. For additional information on this lifestyle, click here:http://www.esri.com/~/media/Files/Pdfs/data/esri_data/pdfs/tapestry-singles/36_old_and_newcomers.pdf
November 04, 2013
©2013 Esri Page 5 of 6
Data Note: This report identifies neighborhood segments in the area, and describes the socioeconomic quality of the immediate neighborhood. The index is a comparisonof the percent of households or population in the area, by Tapestry segment, to the percent of households or population in the United States, by segment. An index of 100is the US average.Source: Esri
Lifestyle Reportbank st Prepared by D. Scott Smith1618 Bank St, Baltimore, MD, 21231, Latitude: 39.286560792Drive Time: 5 minutes Longitude: -76.59439033
65. Social Security Set
Four in ten householders are aged 65 years or older; the median age is 44.4 years. Most of them live alone. Somewhat ethnically diverse, SocialSecurity Set neighborhoods are a blend of different racial groups; however, half of the residents are white, one-third are black, and 18 percent areHispanic. Although Social Security Set residents live on very low fixed incomes, they have accumulated some wealth they can tap into now thatthey’re retired. Their median household income is $16,332. Eight percent of households rely on public assistance; 16 percent receive SupplementalSecurity Income. The service industry provides more than half of the jobs held by these employed residents. For additional information on thislifestyle, click here:http://www.esri.com/~/media/Files/Pdfs/data/esri_data/pdfs/tapestry-singles/65_social_security_set.pdf
22. Metropolitans
Residents of Metropolitans communities prefer to live in older city neighborhoods. Approximately half of these households are singles who live alone orwith others; 40 percent are married-couple families. One in four of the residents is aged 20–34 years; the median age is 37.1 years. Diversity is low;most of the population is white. Half of the residents who are employed work in professional or managerial positions. More than 77 percent of thepopulation aged 25 years and older have attended college or completed a degree program. Thirty percent have earned a bachelor’s degree, and 22percent hold a graduate degree. The median household income is $54,926. For additional information on this lifestyle, click here:http://www.esri.com/~/media/Files/Pdfs/data/esri_data/pdfs/tapestry-singles/22_metropolitans.pdf
23. Trendsetters
On the cutting edge of urban style, Trendsetters residents are young, diverse, and mobile. More than half the households are singles who live alone orshare the rent with a roommate. Families comprise the remainder. With a median age of 34.8 years, this segment is slightly younger than the U.S.median. Ethnically diverse, 13.7 percent of the residents are Asian and 23 percent are Hispanic; both percentages are well above those of the U.S.These residents are educated professionals who work in substantive jobs. Nineteen percent of the residents who are aged 25 years and older hold agraduate degree, 30 percent have earned a bachelor’s degree, and 73 percent have attended college. For additional information on this lifestyle, clickhere:http://www.esri.com/~/media/Files/Pdfs/data/esri_data/pdfs/tapestry-singles/23_trendsetters.pdf
55. College Towns
With a median age of 24.4 years, College Towns is the third youngest of all the Tapestry segments. Most residents are aged between 18 and 34 yearsand live in single-person or shared households. One-fourth of households are occupied by married-couple families. The race profile of this market issomewhat similar to the U.S. profile. Approximately three-fourths of the residents are white. College Towns residents are focused on their education;59 percent are enrolled in college or graduate school. After graduation, other residents stayed on to teach or do research. Because many studentsonly work part-time, the median household income of $32,433 ranks near the low end. Fifty-two percent of the employed residents work part-time.For additional information on this lifestyle, click here:http://www.esri.com/~/media/Files/Pdfs/data/esri_data/pdfs/tapestry-singles/55_college_towns.pdf
52. Inner City Tenants
Inner City Tenants residents are a microcosm of urban diversity; their population is represented primarily by white, black, and Hispanic cultures.Three in ten residents are Hispanic. This multicultural market is younger than average, with a median age of 28.9 years. The household compositionalso reflects their youth. Household types are mixed; 34 percent are singles, 28 percent are married-couple families, 21 percent are single parents,and 10 percent share housing. Turnover is high in these neighborhoods because many are enrolled in nearby colleges and work part-time. Theseneighborhoods are also a steppingstone for recent immigrants, with an annual population growth of 0.46 percent. For additional information on thislifestyle, click here:http://www.esri.com/~/media/Files/Pdfs/data/esri_data/pdfs/tapestry-singles/52_inner_city_tenants.pdf
60. City Dimensions
Diversity in household type and ethnicity characterizes City Dimensions neighborhoods. Most of these residents are young, with a median age of 29.6years. Households are a mix of types; most are singles who live alone (31 percent), married-couple families (30 percent), and single-parent families(23 percent). Ethnic diversity is high. Nearly half of the residents are white and one-fourth are black; however, higher-than-average proportions ofother race populations are also represented. Three in ten residents are of Hispanic origin. The median household income is $25,154. Ten percent ofthe households receive Supplemental Security Income; 11 percent receive public assistance. For additional information on this lifestyle, click here:http://www.esri.com/~/media/Files/Pdfs/data/esri_data/pdfs/tapestry-singles/60_city_dimensions.pdf
November 04, 2013
©2013 Esri Page 6 of 6
Data Note: This report identifies neighborhood segments in the area, and describes the socioeconomic quality of the immediate neighborhood. The index is a comparisonof the percent of households or population in the area, by Tapestry segment, to the percent of households or population in the United States, by segment. An index of 100is the US average.Source: Esri
Retail ProfileBank Street Development1618 Bank StreetBaltimore, MD 21231
Retail MarketPlace Profilebank st Prepared by D. Scott Smith1618 Bank St, Baltimore, MD, 21231, Latitude: 39.286560792Drive Time: 1 minute Longitude: -76.59439033
Summary Demographics2013 Population 2,0722013 Households 8092013 Median Disposable Income $27,9452013 Per Capita Income $24,563
NAICS Demand Supply Retail Gap Leakage/Surplus Number ofIndustry Summary (Retail Potential) (Retail Sales) Factor Businesses
Total Retail Trade and Food & Drink 44-45,722 $15,586,172 $16,024,316 -$438,144 -1.4 35Total Retail Trade 44-45 $13,914,961 $7,379,800 $6,535,161 30.7 23Total Food & Drink 722 $1,671,210 $8,644,515 -$6,973,305 -67.6 12
NAICS Demand Supply Retail Gap Leakage/Surplus Number ofIndustry Group (Retail Potential) (Retail Sales) Factor Businesses
Motor Vehicle & Parts Dealers 441 $2,653,630 $0 $2,653,630 100.0 0 Automobile Dealers 4411 $2,316,269 $0 $2,316,269 100.0 0 Other Motor Vehicle Dealers 4412 $140,819 $0 $140,819 100.0 0 Auto Parts, Accessories & Tire Stores 4413 $196,543 $0 $196,543 100.0 0Furniture & Home Furnishings Stores 442 $307,341 $484,052 -$176,711 -22.3 0 Furniture Stores 4421 $180,954 $210,823 -$29,869 -7.6 0 Home Furnishings Stores 4422 $126,387 $273,229 -$146,842 -36.7 0Electronics & Appliance Stores 4431 $403,679 $15,445 $388,234 92.6 0Bldg Materials, Garden Equip. & Supply Stores 444 $371,687 $26,333 $345,354 86.8 0 Bldg Material & Supplies Dealers 4441 $320,245 $0 $320,245 100.0 0 Lawn & Garden Equip & Supply Stores 4442 $51,441 $26,333 $25,108 32.3 0Food & Beverage Stores 445 $2,900,771 $3,205,922 -$305,150 -5.0 8 Grocery Stores 4451 $2,543,372 $2,568,456 -$25,084 -0.5 5 Specialty Food Stores 4452 $66,923 $257,915 -$190,992 -58.8 2 Beer, Wine & Liquor Stores 4453 $290,476 $379,551 -$89,074 -13.3 1Health & Personal Care Stores 446,4461 $991,683 $0 $991,683 100.0 0Gasoline Stations 447,4471 $1,359,147 $781,965 $577,181 27.0 1Clothing & Clothing Accessories Stores 448 $973,978 $1,005,623 -$31,645 -1.6 3 Clothing Stores 4481 $703,928 $915,874 -$211,946 -13.1 3 Shoe Stores 4482 $142,332 $41,471 $100,860 54.9 0 Jewelry, Luggage & Leather Goods Stores 4483 $127,718 $48,277 $79,441 45.1 0Sporting Goods, Hobby, Book & Music Stores 451 $403,389 $617,921 -$214,531 -21.0 3 Sporting Goods/Hobby/Musical Instr Stores 4511 $309,818 $493,979 -$184,161 -22.9 3 Book, Periodical & Music Stores 4512 $93,571 $123,941 -$30,370 -14.0 1General Merchandise Stores 452 $2,146,755 $269,697 $1,877,058 77.7 2 Department Stores Excluding Leased Depts. 4521 $1,143,337 $156,601 $986,736 75.9 2 Other General Merchandise Stores 4529 $1,003,418 $113,095 $890,322 79.7 1Miscellaneous Store Retailers 453 $404,386 $972,844 -$568,458 -41.3 4 Florists 4531 $15,368 $58,142 -$42,774 -58.2 1 Office Supplies, Stationery & Gift Stores 4532 $97,018 $28,961 $68,057 54.0 1 Used Merchandise Stores 4533 $54,933 $817,295 -$762,362 -87.4 1 Other Miscellaneous Store Retailers 4539 $237,067 $68,446 $168,621 55.2 1Nonstore Retailers 454 $998,516 $0 $998,516 100.0 0 Electronic Shopping & Mail-Order Houses 4541 $656,306 $0 $656,306 100.0 0 Vending Machine Operators 4542 $64,889 $0 $64,889 100.0 0 Direct Selling Establishments 4543 $277,321 $0 $277,321 100.0 0Food Services & Drinking Places 722 $1,671,210 $8,644,515 -$6,973,305 -67.6 12 Full-Service Restaurants 7221 $797,102 $6,555,472 -$5,758,370 -78.3 6 Limited-Service Eating Places 7222 $679,411 $1,276,432 -$597,021 -30.5 3 Special Food Services 7223 $79,509 $136,730 -$57,221 -26.5 0 Drinking Places - Alcoholic Beverages 7224 $115,188 $675,882 -$560,694 -70.9 3
Data Note: Supply (retail sales) estimates sales to consumers by establishments. Sales to businesses are excluded. Demand (retail potential) estimates the expected amountspent by consumers at retail establishments. Supply and demand estimates are in current dollars. The Leakage/Surplus Factor presents a snapshot of retail opportunity. Thisis a measure of the relationship between supply and demand that ranges from +100 (total leakage) to -100 (total surplus). A positive value represents 'leakage' of retailopportunity outside the trade area. A negative value represents a surplus of retail sales, a market where customers are drawn in from outside the trade area. The Retail Gaprepresents the difference between Retail Potential and Retail Sales. Esri uses the North American Industry Classification System (NAICS) to classify businesses by theirprimary type of economic activity. Retail establishments are classified into 27 industry groups in the Retail Trade sector, as well as four industry groups within the FoodServices & Drinking Establishments subsector. For more information on the Retail MarketPlace data, please view the methodology statement athttp://www.esri.com/library/whitepapers/pdfs/esri-data-retail-marketplace.pdf.
November 04, 2013
©2013 Esri Page 1 of 6
Source: Esri and Dun & Bradstreet. Copyright 2013 Dun & Bradstreet, Inc. All rights reserved.
Retail MarketPlace Profilebank st Prepared by D. Scott Smith1618 Bank St, Baltimore, MD, 21231, Latitude: 39.286560792Drive Time: 1 minute Longitude: -76.59439033
Leakage/Surplus Factor by Industry Subsector
Leakage/Surplus Factor1009080706050403020100-10-20-30-40-50-60
Food Services & Drinking Places
Nonstore Retailers
Miscellaneous Store Retailers
General Merchandise Stores
Sporting Goods, Hobby, Book, and Music Stores
Clothing and Clothing Accessories Stores
Gasoline Stations
Health & Personal Care Stores
Food & Beverage Stores
Bldg Materials, Garden Equip. & Supply Stores
Electronics & Appliance Stores
Furniture & Home Furnishings Stores
Motor Vehicle & Parts Dealers
Leakage/Surplus Factor by Industry Group
Leakage/Surplus Factor1009080706050403020100-10-20-30-40-50-60-70-80
Drinking Places (Alcoholic Beverages)
Special Food Services
Limited-Service Eating Places
Full-Service Restaurants
Direct Selling Establishments
Vending Machine Operators
Electronic Shopping and Mail-Order Houses
Other Miscellaneous Store Retailers
Used Merchandise Stores
Office Supplies, Stationery, and Gift Stores
Florists
Other General Merchandise Stores
Department Stores (Excluding Leased Depts.)
Book, Periodical, and Music Stores
Jewelry, Luggage, and Leather Goods Stores
Shoe Stores
Clothing Stores
Gasoline Stations
Health & Personal Care Stores
Beer, Wine, and Liquor Stores
Specialty Food Stores
Grocery Stores
Lawn and Garden Equipment and Supplies Stores
Building Material and Supplies Dealers
Electronics & Appliance Stores
Home Furnishings Stores
Furniture Stores
Auto Parts, Accessories, and Tire Stores
Other Motor Vehicle Dealers
Automobile Dealers
November 04, 2013
©2013 Esri Page 2 of 6
Source: Esri and Dun & Bradstreet. Copyright 2013 Dun & Bradstreet, Inc. All rights reserved.
Retail MarketPlace Profilebank st Prepared by D. Scott Smith1618 Bank St, Baltimore, MD, 21231, Latitude: 39.286560792Drive Time: 3 minutes Longitude: -76.59439033
Summary Demographics2013 Population 18,7222013 Households 9,1282013 Median Disposable Income $41,1252013 Per Capita Income $36,806
NAICS Demand Supply Retail Gap Leakage/Surplus Number ofIndustry Summary (Retail Potential) (Retail Sales) Factor Businesses
Total Retail Trade and Food & Drink 44-45,722 $232,186,190 $247,700,805 -$15,514,615 -3.2 273Total Retail Trade 44-45 $207,240,189 $107,303,201 $99,936,989 31.8 163Total Food & Drink 722 $24,946,001 $140,397,604 -$115,451,603 -69.8 110
NAICS Demand Supply Retail Gap Leakage/Surplus Number ofIndustry Group (Retail Potential) (Retail Sales) Factor Businesses
Motor Vehicle & Parts Dealers 441 $40,011,645 $3,963,792 $36,047,853 82.0 6 Automobile Dealers 4411 $35,102,971 $645,342 $34,457,629 96.4 1 Other Motor Vehicle Dealers 4412 $1,992,596 $2,238,010 -$245,414 -5.8 4 Auto Parts, Accessories & Tire Stores 4413 $2,916,078 $1,080,440 $1,835,638 45.9 1Furniture & Home Furnishings Stores 442 $4,640,953 $3,595,123 $1,045,830 12.7 5 Furniture Stores 4421 $2,756,354 $1,788,891 $967,463 21.3 2 Home Furnishings Stores 4422 $1,884,600 $1,806,233 $78,367 2.1 3Electronics & Appliance Stores 4431 $6,020,840 $2,879,786 $3,141,054 35.3 5Bldg Materials, Garden Equip. & Supply Stores 444 $5,180,249 $2,041,478 $3,138,771 43.5 5 Bldg Material & Supplies Dealers 4441 $4,420,071 $1,833,209 $2,586,862 41.4 4 Lawn & Garden Equip & Supply Stores 4442 $760,178 $208,270 $551,909 57.0 1Food & Beverage Stores 445 $42,981,029 $40,088,724 $2,892,305 3.5 43 Grocery Stores 4451 $37,644,030 $34,164,050 $3,479,980 4.8 27 Specialty Food Stores 4452 $988,453 $979,984 $8,469 0.4 7 Beer, Wine & Liquor Stores 4453 $4,348,546 $4,944,690 -$596,144 -6.4 9Health & Personal Care Stores 446,4461 $14,570,344 $7,897,940 $6,672,404 29.7 5Gasoline Stations 447,4471 $20,396,038 $15,946,534 $4,449,504 12.2 3Clothing & Clothing Accessories Stores 448 $14,608,024 $17,378,978 -$2,770,954 -8.7 33 Clothing Stores 4481 $10,569,801 $14,986,166 -$4,416,364 -17.3 28 Shoe Stores 4482 $2,124,525 $1,120,860 $1,003,664 30.9 3 Jewelry, Luggage & Leather Goods Stores 4483 $1,913,698 $1,271,952 $641,746 20.1 2Sporting Goods, Hobby, Book & Music Stores 451 $6,056,652 $2,074,787 $3,981,865 49.0 10 Sporting Goods/Hobby/Musical Instr Stores 4511 $4,614,130 $918,867 $3,695,263 66.8 6 Book, Periodical & Music Stores 4512 $1,442,522 $1,155,920 $286,602 11.0 4General Merchandise Stores 452 $31,996,724 $1,740,875 $30,255,849 89.7 7 Department Stores Excluding Leased Depts. 4521 $17,099,034 $1,239,184 $15,859,850 86.5 3 Other General Merchandise Stores 4529 $14,897,690 $501,691 $14,395,999 93.5 4Miscellaneous Store Retailers 453 $5,992,195 $5,859,254 $132,942 1.1 38 Florists 4531 $224,748 $457,665 -$232,918 -34.1 4 Office Supplies, Stationery & Gift Stores 4532 $1,422,970 $2,278,764 -$855,794 -23.1 9 Used Merchandise Stores 4533 $832,826 $2,155,021 -$1,322,195 -44.3 9 Other Miscellaneous Store Retailers 4539 $3,511,652 $967,803 $2,543,848 56.8 16Nonstore Retailers 454 $14,785,496 $3,835,929 $10,949,566 58.8 2 Electronic Shopping & Mail-Order Houses 4541 $9,682,298 $2,656,466 $7,025,832 56.9 1 Vending Machine Operators 4542 $959,748 $742,490 $217,258 12.8 1 Direct Selling Establishments 4543 $4,143,450 $436,973 $3,706,477 80.9 0Food Services & Drinking Places 722 $24,946,001 $140,397,604 -$115,451,603 -69.8 110 Full-Service Restaurants 7221 $11,911,346 $112,664,403 -$100,753,057 -80.9 51 Limited-Service Eating Places 7222 $10,129,325 $15,627,570 -$5,498,245 -21.3 25 Special Food Services 7223 $1,184,648 $1,381,381 -$196,734 -7.7 2 Drinking Places - Alcoholic Beverages 7224 $1,720,682 $10,724,250 -$9,003,568 -72.3 33
Data Note: Supply (retail sales) estimates sales to consumers by establishments. Sales to businesses are excluded. Demand (retail potential) estimates the expected amountspent by consumers at retail establishments. Supply and demand estimates are in current dollars. The Leakage/Surplus Factor presents a snapshot of retail opportunity. Thisis a measure of the relationship between supply and demand that ranges from +100 (total leakage) to -100 (total surplus). A positive value represents 'leakage' of retailopportunity outside the trade area. A negative value represents a surplus of retail sales, a market where customers are drawn in from outside the trade area. The Retail Gaprepresents the difference between Retail Potential and Retail Sales. Esri uses the North American Industry Classification System (NAICS) to classify businesses by theirprimary type of economic activity. Retail establishments are classified into 27 industry groups in the Retail Trade sector, as well as four industry groups within the FoodServices & Drinking Establishments subsector. For more information on the Retail MarketPlace data, please view the methodology statement athttp://www.esri.com/library/whitepapers/pdfs/esri-data-retail-marketplace.pdf.
November 04, 2013
©2013 Esri Page 3 of 6
Source: Esri and Dun & Bradstreet. Copyright 2013 Dun & Bradstreet, Inc. All rights reserved.
Retail MarketPlace Profilebank st Prepared by D. Scott Smith1618 Bank St, Baltimore, MD, 21231, Latitude: 39.286560792Drive Time: 3 minutes Longitude: -76.59439033
Leakage/Surplus Factor by Industry Subsector
Leakage/Surplus Factor80706050403020100-10-20-30-40-50-60
Food Services & Drinking Places
Nonstore Retailers
Miscellaneous Store Retailers
General Merchandise Stores
Sporting Goods, Hobby, Book, and Music Stores
Clothing and Clothing Accessories Stores
Gasoline Stations
Health & Personal Care Stores
Food & Beverage Stores
Bldg Materials, Garden Equip. & Supply Stores
Electronics & Appliance Stores
Furniture & Home Furnishings Stores
Motor Vehicle & Parts Dealers
Leakage/Surplus Factor by Industry Group
Leakage/Surplus Factor9080706050403020100-10-20-30-40-50-60-70-80
Drinking Places (Alcoholic Beverages)
Special Food Services
Limited-Service Eating Places
Full-Service Restaurants
Direct Selling Establishments
Vending Machine Operators
Electronic Shopping and Mail-Order Houses
Other Miscellaneous Store Retailers
Used Merchandise Stores
Office Supplies, Stationery, and Gift Stores
Florists
Other General Merchandise Stores
Department Stores (Excluding Leased Depts.)
Book, Periodical, and Music Stores
Jewelry, Luggage, and Leather Goods Stores
Shoe Stores
Clothing Stores
Gasoline Stations
Health & Personal Care Stores
Beer, Wine, and Liquor Stores
Specialty Food Stores
Grocery Stores
Lawn and Garden Equipment and Supplies Stores
Building Material and Supplies Dealers
Electronics & Appliance Stores
Home Furnishings Stores
Furniture Stores
Auto Parts, Accessories, and Tire Stores
Other Motor Vehicle Dealers
Automobile Dealers
November 04, 2013
©2013 Esri Page 4 of 6
Source: Esri and Dun & Bradstreet. Copyright 2013 Dun & Bradstreet, Inc. All rights reserved.
Retail MarketPlace Profilebank st Prepared by D. Scott Smith1618 Bank St, Baltimore, MD, 21231, Latitude: 39.286560792Drive Time: 5 minutes Longitude: -76.59439033
Summary Demographics2013 Population 67,8472013 Households 27,3732013 Median Disposable Income $37,0802013 Per Capita Income $28,919
NAICS Demand Supply Retail Gap Leakage/Surplus Number ofIndustry Summary (Retail Potential) (Retail Sales) Factor Businesses
Total Retail Trade and Food & Drink 44-45,722 $596,276,612 $894,572,043 -$298,295,431 -20.0 914Total Retail Trade 44-45 $532,983,190 $568,493,898 -$35,510,708 -3.2 601Total Food & Drink 722 $63,293,422 $326,078,144 -$262,784,723 -67.5 313
NAICS Demand Supply Retail Gap Leakage/Surplus Number ofIndustry Group (Retail Potential) (Retail Sales) Factor Businesses
Motor Vehicle & Parts Dealers 441 $102,282,372 $11,698,749 $90,583,623 79.5 18 Automobile Dealers 4411 $89,515,195 $2,344,279 $87,170,916 94.9 6 Other Motor Vehicle Dealers 4412 $5,235,952 $8,147,935 -$2,911,983 -21.8 10 Auto Parts, Accessories & Tire Stores 4413 $7,531,225 $1,206,536 $6,324,689 72.4 3Furniture & Home Furnishings Stores 442 $11,969,241 $7,944,484 $4,024,757 20.2 12 Furniture Stores 4421 $7,044,484 $5,810,814 $1,233,671 9.6 6 Home Furnishings Stores 4422 $4,924,756 $2,133,670 $2,791,086 39.5 6Electronics & Appliance Stores 4431 $15,293,585 $43,206,992 -$27,913,407 -47.7 29Bldg Materials, Garden Equip. & Supply Stores 444 $13,583,054 $3,649,071 $9,933,983 57.6 14 Bldg Material & Supplies Dealers 4441 $11,520,961 $3,440,801 $8,080,160 54.0 13 Lawn & Garden Equip & Supply Stores 4442 $2,062,093 $208,270 $1,853,824 81.7 1Food & Beverage Stores 445 $110,621,660 $131,186,920 -$20,565,259 -8.5 171 Grocery Stores 4451 $96,999,875 $104,751,823 -$7,751,948 -3.8 112 Specialty Food Stores 4452 $2,548,826 $10,580,338 -$8,031,513 -61.2 35 Beer, Wine & Liquor Stores 4453 $11,072,959 $15,854,758 -$4,781,798 -17.8 24Health & Personal Care Stores 446,4461 $38,004,920 $72,128,084 -$34,123,164 -31.0 47Gasoline Stations 447,4471 $52,166,903 $137,014,767 -$84,847,864 -44.8 12Clothing & Clothing Accessories Stores 448 $37,486,559 $107,832,158 -$70,345,599 -48.4 133 Clothing Stores 4481 $27,195,439 $71,866,514 -$44,671,075 -45.1 90 Shoe Stores 4482 $5,459,597 $17,696,289 -$12,236,692 -52.8 23 Jewelry, Luggage & Leather Goods Stores 4483 $4,831,523 $18,269,355 -$13,437,832 -58.2 20Sporting Goods, Hobby, Book & Music Stores 451 $15,267,007 $12,344,171 $2,922,836 10.6 33 Sporting Goods/Hobby/Musical Instr Stores 4511 $11,686,062 $2,624,981 $9,061,081 63.3 13 Book, Periodical & Music Stores 4512 $3,580,946 $9,719,190 -$6,138,245 -46.2 20General Merchandise Stores 452 $82,114,127 $5,047,508 $77,066,619 88.4 20 Department Stores Excluding Leased Depts. 4521 $43,790,490 $2,330,504 $41,459,986 89.9 7 Other General Merchandise Stores 4529 $38,323,637 $2,717,004 $35,606,632 86.8 13Miscellaneous Store Retailers 453 $15,448,855 $11,434,504 $4,014,351 14.9 101 Florists 4531 $615,540 $2,102,488 -$1,486,948 -54.7 14 Office Supplies, Stationery & Gift Stores 4532 $3,665,609 $3,381,515 $284,094 4.0 27 Used Merchandise Stores 4533 $2,087,535 $3,133,864 -$1,046,329 -20.0 17 Other Miscellaneous Store Retailers 4539 $9,080,171 $2,816,638 $6,263,534 52.6 44Nonstore Retailers 454 $38,744,906 $25,006,491 $13,738,415 21.5 11 Electronic Shopping & Mail-Order Houses 4541 $24,835,049 $13,053,133 $11,781,916 31.1 4 Vending Machine Operators 4542 $2,467,785 $890,227 $1,577,558 47.0 2 Direct Selling Establishments 4543 $11,442,072 $11,063,131 $378,941 1.7 5Food Services & Drinking Places 722 $63,293,422 $326,078,144 -$262,784,723 -67.5 313 Full-Service Restaurants 7221 $30,120,046 $229,202,831 -$199,082,785 -76.8 123 Limited-Service Eating Places 7222 $25,679,551 $54,213,920 -$28,534,369 -35.7 85 Special Food Services 7223 $3,072,093 $4,553,327 -$1,481,234 -19.4 5 Drinking Places - Alcoholic Beverages 7224 $4,421,731 $38,108,066 -$33,686,335 -79.2 100
Data Note: Supply (retail sales) estimates sales to consumers by establishments. Sales to businesses are excluded. Demand (retail potential) estimates the expected amountspent by consumers at retail establishments. Supply and demand estimates are in current dollars. The Leakage/Surplus Factor presents a snapshot of retail opportunity. Thisis a measure of the relationship between supply and demand that ranges from +100 (total leakage) to -100 (total surplus). A positive value represents 'leakage' of retailopportunity outside the trade area. A negative value represents a surplus of retail sales, a market where customers are drawn in from outside the trade area. The Retail Gaprepresents the difference between Retail Potential and Retail Sales. Esri uses the North American Industry Classification System (NAICS) to classify businesses by theirprimary type of economic activity. Retail establishments are classified into 27 industry groups in the Retail Trade sector, as well as four industry groups within the FoodServices & Drinking Establishments subsector. For more information on the Retail MarketPlace data, please view the methodology statement athttp://www.esri.com/library/whitepapers/pdfs/esri-data-retail-marketplace.pdf.
November 04, 2013
©2013 Esri Page 5 of 6
Source: Esri and Dun & Bradstreet. Copyright 2013 Dun & Bradstreet, Inc. All rights reserved.
Retail MarketPlace Profilebank st Prepared by D. Scott Smith1618 Bank St, Baltimore, MD, 21231, Latitude: 39.286560792Drive Time: 5 minutes Longitude: -76.59439033
Leakage/Surplus Factor by Industry Subsector
Leakage/Surplus Factor80706050403020100-10-20-30-40-50-60
Food Services & Drinking Places
Nonstore Retailers
Miscellaneous Store Retailers
General Merchandise Stores
Sporting Goods, Hobby, Book, and Music Stores
Clothing and Clothing Accessories Stores
Gasoline Stations
Health & Personal Care Stores
Food & Beverage Stores
Bldg Materials, Garden Equip. & Supply Stores
Electronics & Appliance Stores
Furniture & Home Furnishings Stores
Motor Vehicle & Parts Dealers
Leakage/Surplus Factor by Industry Group
Leakage/Surplus Factor9080706050403020100-10-20-30-40-50-60-70
Drinking Places (Alcoholic Beverages)
Special Food Services
Limited-Service Eating Places
Full-Service Restaurants
Direct Selling Establishments
Vending Machine Operators
Electronic Shopping and Mail-Order Houses
Other Miscellaneous Store Retailers
Used Merchandise Stores
Office Supplies, Stationery, and Gift Stores
Florists
Other General Merchandise Stores
Department Stores (Excluding Leased Depts.)
Book, Periodical, and Music Stores
Jewelry, Luggage, and Leather Goods Stores
Shoe Stores
Clothing Stores
Gasoline Stations
Health & Personal Care Stores
Beer, Wine, and Liquor Stores
Specialty Food Stores
Grocery Stores
Lawn and Garden Equipment and Supplies Stores
Building Material and Supplies Dealers
Electronics & Appliance Stores
Home Furnishings Stores
Furniture Stores
Auto Parts, Accessories, and Tire Stores
Other Motor Vehicle Dealers
Automobile Dealers
November 04, 2013
©2013 Esri Page 6 of 6
Source: Esri and Dun & Bradstreet. Copyright 2013 Dun & Bradstreet, Inc. All rights reserved.
Traffic MapBank Street Development1618 Bank StreetBaltimore, MD 21231
Traffic Count Map - Close Upbank st Prepared by D. Scott Smith1618 Bank St, Baltimore, MD, 21231 Latitude: 39.286561Drive Time: 1, 3, 5 Minutes Longitude: -76.59439
November 04, 2013
©2013 Esri
Source: ©2011 MPSI (Market Planning Solutions Inc.) Systems Inc. d.b.a. DataMetrix®