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Property profile & analytics
OFF-MARKET
Commercial real estate

1810 Landrake Rd Towson, MD 21204

10,884 SF 1.35 ac lot Built 1902
Property ID
US40-2272002
Property summary
AI-generated overview

This exceptional 10,884 square foot historic mansion, situated on 1.35 acres in Towson, Maryland, presents a unique investment opportunity. Listed on the Baltimore County Historic Register, this 16-bedroom, 11-bathroom property boasts undeniable charm and character. Previously utilized as an adult care facility, it retains many original features, including a sunroom, great room, library, carriage house, four fireplaces, and hardwood floors. Modern conveniences are also present, with a recently installed elevator adding to the accessibility. Significant recent upgrades include electrical work, HVAC systems, hot water infrastructure, driveway repaving, and roof replacement. Adding to its versatility, the property includes a separate "man cave" building. This recession-proof investment is poised for continued success in a high-demand market. The property is priced at $2,200,000, and prospective buyers should anticipate needing approximately $500,000 in readily available funds to secure SBA financing for the remaining balance. All information is believed to be accurate

Property profile
Verified
Property type Commercial real estate
Year built 1902
Total area 10,884 SF
Lot 1.35 ac (58,806 SF)
UPID US40-2272002
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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