Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    20 E Timonium Rd Timonium, MD

    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Office or medical space for rent near Timonium Square.

    Property size:
    5,000 SF
    Lot size:
    1.57 Acres

    Property Features for 20 E Timonium Rd

    General Information

    Size
    5,000 SF
    Lot size
    1.57 Acres

    We can help!

    Listing Contact
    Joe Bradley
    Joe Bradley
    Source: Moodyscre

    Listing Agent: Joe Bradley

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Timonium Office/Medical Space Available

    This property offers multiple options for office or medical tenants. It is located immediately adjacent to Michaels and Timonium Square. The common areas have been newly renovated. Abundant free surface parking is available. The property provides easy access to York Road and I-83.
    Location Intelligence

    Current Use by Public Records

    Isalis (Bike/Boat/Book/etc) Store Party City Party Supply Store Skunk Funk Big Box & Wholesale Store Carl's Trading Co Hat Shop Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store

    Suggested Use

    Restaurant Real Estate Agency Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Timonium
    County
    Baltimore
    State
    Maryland
    Longitude
    -76.6196915
    Latitude
    39.4370508

    Nearby Similar for Lease

    • Contact for pricing
      2,146 SF

      Class A Office Building

      Class A office building with easy access and modern amenities.
      1954 Greenspring Dr, Timonium, MD
      View Details
    • Contact for pricing
      1,102 SF

      Class A Office Building

      Class A office building with modern amenities and convenient access.
      1966 Greenspring Dr, Timonium, MD
      View Details
    • Contact for pricing
      4,496 SF

      York Road Office Building Investment

      Timonium Office Space: 840 SF Available
      1629 York Rd, Timonium, MD 21093
      View Details
    • Contact for pricing
      2,488 SF

      Fairgrounds Center Retail Space

      Timonium Shopping Center - Two Suites Available
      0 Fairgrounds Ctr, Timonium, MD 21093
      View Details
    • $21 SF/Yr
      50,266 SF

      York Road Office Space for Lease

      Prime Timonium location, modern suites available
      2219 York Rd, Timonium, MD 21093
      View Details
    • Contact for pricing
      4,500 SF

      Timonium Flex Space Available

      Flex space with showroom, conditioned warehouse, and dock door.
      2125-2249 Greenspring Dr, Timonium, MD
      View Details
    • Contact for pricing
      4,000 SF

      Versatile Retail/Office Space Available

      Adaptable retail/office space in a thriving business hub.
      15 W Aylesbury Rd, Timonium, MD
      View Details
    • Contact for pricing
      3,269 SF

      Roundwood Shopping Center: Timonium Retail Space

      Prime Timonium Retail Space - 3,269 SF Available
      12200-12254 Tullamore Rd, Timonium, MD 21093
      View Details
    • Contact for pricing
      191,561 SF

      Timonium Square Retail Center

      Prime Retail Space Available in Timonium, MD
      0 York Rd. & Greenmeadow Dr, Timonium, MD 21093
      View Details
    • Contact for pricing
      200,000 SF

      Timonium Executive Office Space

      Class A Office Suites, 1,224 - 13,862 SF
      1954 Greenspring Dr, Timonium, MD 21093
      View Details
    • Contact for pricing
      101,200 SF

      Yorkridge Center South: Timonium Flex Space

      Prime Timonium flex space, multiple suites available.
      0 1830-1840-1850 York Rd, Timonium, MD 21093
      View Details
    • Contact for pricing
      196,000 SF

      Timonium Exchange: Flex Space Available

      Prime Timonium location, flexible space.
      2125 Greenspring Dr, Timonium, MD 21093
      View Details

    FAQs

    What type of property is this?
    Office space - Office or medical space for rent near Timonium Square.
    Where is this office space located?
    The property is located at 20 E Timonium Rd Timonium, MD.
    What are key features of this property?
    This property features: - Immediately adjacent to Michaels and Timonium Square; - Abundant free surface parking for your convenience; - Easy access to York Rd & I-83
    (443) 573-3200
    Call for status update
    Request Owner's contact information
    20 E Timonium Rd Timonium, MD
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    20 E Timonium Rd
    Timonium, MD
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    20 E Timonium Rd Timonium, MD
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Joe Bradley
    Joe Bradley
    (443) 573-3200
    Learn more
    Google sign-in failed. Please try again or use another login method.