Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search

    321 York Rd Towson, MD

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

    10,000 SF fitness studio space in the heart of Towson.

    Property size:
    10,000 SF
    Lot size:
    0.11 Acres

    Property Features for 321 York Rd

    General Information

    Size
    10,000 SF
    Lot size
    0.11 Acres

    We can help!

    Listing Contact
    Ryan Wilner
    Source: Moodyscre

    Listing Agent: Ryan Wilner

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

    Learn more

    Overview

    Towson Fitness Studio Space

    This 10,000 SF second-generation fitness studio space is located in the heart of Towson. The property is directly adjacent to a new Whole Foods Market and an abundance of new student housing. Structured and street parking is plentiful. The location benefits from excellent daytime traffic drivers, including Baltimore County Government Offices and Towson University. The property offers prime exposure to York Road and Chesapeake Avenue.
    Location Intelligence

    Current Use by Public Records

    Fitness centers & gyms

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Clothing Store

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

    Similar Places Nearby

    Fit Body by Sasha, Unity Fitness, Superb Wellness Center, BodyWise Institute, Face & Body Spa

    Location Insight

    • Map
    • Local Demand
    City
    Towson
    County
    Baltimore
    State
    Maryland
    Longitude
    -76.6354952
    Latitude
    39.407567

    Nearby Similar for Lease

    • $1,600 /Mo
      871 SF

      Class A Office Space Available

      Flexible office space with parking and private balcony near Towson Courts.
      606 Baltimore Ave, Towson, MD 21204
      View Details
    • $641,345
      2,916 SF

      Towson Office Space For Lease

      2916 SF office space suitable for medical or professional use.
      40 York Rd, Towson, MD
      View Details
    • $15 SF/Yr
      2,216 SF

      Towson Office Space For Rent

      Shared and private office spaces available in Towson, Maryland.
      530 E Joppa Rd, Towson, MD
      View Details
    • Contact for pricing
      2,602 SF

      Class A Office Building

      Five-story office building with on-site amenities in Towson, MD.
      100 Rd West, Towson, MD
      View Details
    • Contact for pricing
      6,462 SF

      Mixed-Use Complex in Towson

      Class A office space with on-site amenities in Towson.
      849 Fairmount Ave, Towson, MD 21286
      View Details
    • Contact for pricing
      2,944 SF

      Towson Office Space For Rent

      Full floor office space in landmark Towson building.
      300 E Joppa Rd, Towson, MD
      View Details
    • $2,500 /Mo
      1,403 SF

      Renovated Townhouse with Modern Amenities

      Renovated 4-bedroom, 2-bath townhouse with modern updates and parking.
      1614 Hardwick Rd, Towson, MD 21286
      View Details
    • $93 SF/Yr
      16,106 SF

      Towson Office Space: West Road Center

      Premium Towson office suites, coworking & creative spaces.
      100 Rd, Towson, MD 21204
      View Details
    • Contact for pricing
      240,000 SF

      Circle East Retail Center: Towson, MD

      Prime Towson Retail Space Available
      1 Joppa Rd, Towson, MD 21286
      View Details
    • Contact for pricing
      89,968 SF

      Towson Executive Office Space For Lease

      Class A Office Suites in Prime Towson Location
      1122 Kenilworth Dr, Towson, MD 21204
      View Details
    • Contact for pricing
      3,175 SF

      Retail Space in Towson Square

      Retail space for lease in a mixed-use Towson destination.
      103 E Joppa Rd, Towson, MD
      View Details
    • Contact for pricing
      2,093 SF

      Towson Office Space for Lease

      Office space available in well-maintained Towson business park.
      8600 La Salle Rd, Towson, MD 21286
      View Details

    FAQs

    What type of property is this?
    Fitness center & gym - 10,000 SF fitness studio space in the heart of Towson.
    Where is this fitness center & gym located?
    The property is located at 321 York Rd Towson, MD.
    What are key features of this property?
    This property features: - Prime location in the heart of Towson.; - 10,000 SF 2nd Generation Fitness Studio space.; - Directly adjacent to brand new Whole Foods.
    (703) 268-2727
    Request Owner's contact information
    321 York Rd Towson, 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.
    321 York Rd
    Towson, 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
    321 York Rd Towson, 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!
    Listing Contact
    Ryan Wilner
    (703) 268-2727
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.