Standalone Storefront
For Sale
$415,000
350 MAIN Street, Reisterstown, MD 21136
Commercial Sale, REISTERSTOWN, MD
Property Size2,344 SF
Lot Size0.50 Acres
Price / SF$177.05
Days on Market101
Property Features for 350 MAIN Street
General Information
Property type
Other
Property subtype
Retail
Parking
10
Parking features
Parking Lot
Elementary school district
BALTIMORE COUNTY PUBLIC SCHOOLS
Middle school district
BALTIMORE COUNTY PUBLIC SCHOOLS
High school district
BALTIMORE COUNTY PUBLIC SCHOOLS
Standard status
Active
Lot size
0.50 Acres
Taxes and HOA fees
Tax Annual Amount
3354
Utilities
Heating system
Other (Heating)
Cooling system
Ceiling Fan(s), Central Air
Building Details
Year built
1876
Number of units
1
Building materials
Brick
Listing Agency:
Coldwell Banker Realty · Coldwell Banker Real Estate
(410) 876-1666
Listed By:
Lee S Moreno · License #649964
(410) 224-2200
Added: Jun 15
Changed: Sep 20
Last Checked: Sep 23 at 7:06AM
MLS# MDBC2166800
Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This standalone brick storefront property is situated on 0.5 acres and is currently configured for retail operations. The building dates to 1876 and includes central air, ceiling fans, and a dedicated parking lot.
BL zoning permits multiple uses, while the Main Street setting places the property in downtown Reisterstown. The site is adjacent to Glyndon Trace and offers access to I-795, connecting the property with the surrounding Baltimore County area.
BL zoning permits multiple uses, while the Main Street setting places the property in downtown Reisterstown. The site is adjacent to Glyndon Trace and offers access to I-795, connecting the property with the surrounding Baltimore County area.
Key Highlights
- Standalone brick building on 0.5 acres
- BL zoning allows multiple uses
- Currently outfitted for retail use
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$33,177
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.99%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$663,540
$663.5K
Cap Rate 7%
$473,957
$474.0K
Cap Rate 9%
$368,633
$368.6K
Market Conditions
NOI Build-Up for 2,344 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$50.6K $21.60/SF
− Vacancy
−$3.2K −$1.38/SF
EGI
$47.4K $20.22/SF
− OpEx
−$14.2K −$6.07/SF
NOI
$33.2K $14.15/SF
Area
Baltimore County, MD
Vacancy
6.39%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$663,540
Cap Rate 7%
$473,957
Cap Rate 9%
$368,633
Alternative Uses
Best Use
Retail
$474.0K
$414.7K – $553.0K
NOI $33,177 @ 7.0% cap · market cap 7.99%
Second Best
Office B
$234.8K
$205.4K – $273.9K
NOI $16,434 @ 7.0% cap · market cap 3.96%
Theoretical Best
Multifamily LT 5
$22.74M
$19.90M – $26.53M
NOI $1,591,899 @ 7.0% cap · market cap 383.59%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
841
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 21136, MD
34,973
Population
13,944
Households
2.5
Avg Household Size
41
Median Age
52%
College-Educated
93%
High-School Grad
56.2 sq mi
ZIP Area
622
Density / Sq Mi
$106,559
Median Household Income
$59,306
Median Earnings
$1,471
Median Rent
$380,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Rose Jasmine - Floral Art Boutique DMV — 219 chartley dr, reisterstown, md 21136
- Flowers by Joanne — 32 Main St, Reisterstown, MD 21136
Frequently Asked Questions
What type of property is this?
Storefront property - Brick commercial property with BL zoning, central air, and on-site parking.
Where is this storefront property located?
The property is located at 350 MAIN Street Reisterstown, MD.
What is the asking price?
The asking price for this property is $415,000.
What are key features of this property?
This property features: Standalone brick building on 0.5 acres; BL zoning allows multiple uses; Currently outfitted for retail use
