Automotive Service
For Sale
Contact for pricing
5329 Reisterstown Rd, Baltimore, MD 21215
The property combines garage-bay service space with a substantial outdoor storage yard.
Property Size27,000 SF
Price / SF$62.96
Days on Market158
Property Features for 5329 Reisterstown Rd
General Information
Standard status
Active
Size
27,000 SF
Property subtype
Industrial, Retail
Lease Type
NNN
Investment Type
Value Add
Net Operating Income
$170,000
Additional Details
Outdoor Storage
Yes
Building Details
Tenancy
Multi
Listing Agency:
VYBE Realty
Listed By:
Ravi Shah · License #00001
(410) 312-0000
Source:
Crexi
Added: May 12
Changed: Oct 4
Last Checked: Oct 16 at 7:37AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of VYBE Realty
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Investment Insights
Based on property information with market context.
This 27,000 SF automotive property includes a service center configured with multiple garage bays and an outdoor yard for storage. The combination of enclosed repair space and exterior storage supports automotive service and related operational needs.
The property is located at 5329 Reisterstown Rd in Baltimore, MD 21215. Triple Net Leases are associated with the property, providing a defined lease structure for the automotive service center and yard component.
The property is located at 5329 Reisterstown Rd in Baltimore, MD 21215. Triple Net Leases are associated with the property, providing a defined lease structure for the automotive service center and yard component.
Key Highlights
- 27,000 SF automotive property
- Service center with multiple garage bays
- Large outdoor yard for storage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$149,076
Cap Rate
8.77%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,981,520
$3.0M
Cap Rate 7%
$2,129,657
$2.1M
Cap Rate 9%
$1,656,400
$1.7M
Market Conditions
NOI Build-Up for 27,000 SF
Gross rent
$226.8K $8.40/SF
− Vacancy
−$13.8K −$0.51/SF
EGI
$213.0K $7.89/SF
− OpEx
−$63.9K −$2.37/SF
NOI
$149.1K $5.52/SF
Area
ZIP 21215
Vacancy
6.10%
Lease Rate
$8.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,981,520
Cap Rate 7%
$2,129,657
Cap Rate 9%
$1,656,400
Alternative Uses
Best Use
Retail
$4.64M
$4.06M – $5.41M
NOI $324,830 @ 7.0% cap · market cap 19.11%
Second Best
Industrial
$2.13M
$1.86M – $2.48M
NOI $149,076 @ 7.0% cap · market cap 8.77%
Theoretical Best
Office A
$6.44M
$5.63M – $7.51M
NOI $450,593 @ 7.0% cap · market cap 26.51%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,299
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 21215, MD
54,198
Population
24,876
Households
2.2
Avg Household Size
42
Median Age
25%
College-Educated
84%
High-School Grad
6.8 sq mi
ZIP Area
7,970
Density / Sq Mi
$47,606
Median Household Income
$37,670
Median Earnings
$1,177
Median Rent
$189,900
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Baltimore, MD
Similar Off Market Nearby
- Madukaife I & M Global Auto — 4112 Garrison Blvd, Baltimore, MD 21215
- Greater Baltimore — 3915 W Cold Spring Ln, Baltimore, MD 21215
- Wabash Carroll Auto Repair — 3300 W Cold Spring Ln #6115, Baltimore, MD 21215
- JOHNGOTE TIRE — 3314 W Cold Spring Ln, Baltimore, MD 21215
- Master Japanese Auto Clinic — 3314 w cold spring ln, baltimore, md 21215
Frequently Asked Questions
What type of property is this?
Auto shop - The property combines garage-bay service space with a substantial outdoor storage yard.
Where is this auto shop located?
The property is located at 5329 Reisterstown Rd Baltimore, MD.
What is the asking price?
The asking price for this property is $1,700,000.
What are key features of this property?
This property features: 27,000 SF automotive property; Service center with multiple garage bays; Large outdoor yard for storage
