Listing Agency: Latshaw Commercial Real Estate

Listed By: Robert E Latshaw Jr · License #MD 4

Source: Crexi

Added: Apr 12 Changed: Sep 1 Last Checked: Sep 1 at 7:40PM

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Investment Insights

Based on property information with market context.

This office unit contains 1,624 square feet and is offered for sale as a commercial property. The asset is identified at 1513 York Road in Lutherville, Maryland 21093.

The property is presented with a 7.00% capitalization rate, providing a defined investment metric for evaluating the offering.

Key Highlights

• 1,624 SF office unit
• 7.00% CAP rate
• Located at 1513 York Road, Lutherville, MD 21093

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Storage Facility Furniture & Home Goods Grocery & Convenience Store (Bike/Boat/Book/etc) Store Hotel & Motel Barber Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,749

Businesses Nearby

Explore this area Business Placement

Demographics for 21093, MD

38,677

Population

16,313

Households

2.4

Avg Household Size

47

Median Age

68%

College-Educated

95%

High-School Grad

20.2 sq mi

ZIP Area

1,915

Density / Sq Mi

$121,771

Median Household Income

$70,188

Median Earnings

$1,581

Median Rent

$466,200

Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019

16.4% 2020

17.3% 2021

18% 2022

18.6% 2023

20.3% 2024

20.2% 2025

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Office units - Commercial office space offered for sale in a defined professional setting.

Where is this office units located?

The property is located at 1513 York Road Lutherville, MD.

What are key features of this property?

This property features: 1,624 SF office unit; 7.00% CAP rate; Located at 1513 York Road, Lutherville, MD 21093