Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Retail/Office Space For Rent Title is generated by Realmo AI

    631 Reisterstown Rd, Pikesville, MD 21208

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Retail and office spaces available for lease.

    Type:Retail, Office
    Property size:
    5,085 SF
    Lot size:
    0.52 Acres
    Added:
    Mar 12, 2026
    Days on Market:
    64
    Last Refresh:
    Mar 16 at 12:30 pm

    Property Features for 631 Reisterstown Rd

    General Information

    Standard status
    Active
    Size
    5,085 SF
    Lot size
    0.52 Acres
    Property subtype
    Retail, Office

    Building Details

    Year Built
    1978

    Spaces For Lease

    at 631 Reisterstown Rd Contact us

    $22 /Mo

    Size
    4,000 SF
    Type
    Retail, Office
    Contact us

    We can help!

    Listing Contact
    Danny Autrey

    Listing agent Danny Autrey License #5018928

    Listing office Trout Daniel & Associates

    Listing date Mar 12, 2026

    Source Crexi

    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 Trout Daniel & Associates

    HighLights

    • Flexible lease terms (negotiable)
    • Available space ranging from 1,000 to 4,000 SF
    • Competitive rent: $22.50 per SF NNN or $1,900 per month per bay NNN
    • Located on a 0.52 AC lot
    • Building size (RBA): 5,085 SF
    • Built in 1978

    Overview

    This commercial property offers retail and office spaces for rent. The available space ranges from 1,000 to 4,000 square feet within a building of 5,085 square feet, situated on a 0.52-acre lot. The lease terms are negotiable. The rental rate is $22.50 per square foot NNN or $1,900 per month per bay NNN. Expenses are NNN pro rata.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Restaurant Law Firm Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Pikesville
    County
    Baltimore
    State
    Maryland
    Longitude
    -76.7178806
    Latitude
    39.3700265

    Nearby Similar for Lease

    • Sponsored
      Contact for pricing

      Woodholme Center

      1829 Reisterstown Rd, Unit 350, Pikesville, MD 21208
      View Details
    • $18 SF/Yr

      Pikesville Office Space For Rent

      Office building in Pikesville with ample parking and local ownership.
      1515 Reisterstown Rd, Pikesville, MD
      View Details
    • Contact for pricing

      Pikesville Office Space Available

      Office space available for rent in Pikesville, Maryland.
      1829 Reisterstown Rd, Pikesville, MD 21208
      View Details
    • Contact for pricing

      Retail Space in Alley Shops

      Retail and office complex in Pikesville staple location.
      1330 Reisterstown Rd, Pikesville, MD
      View Details
    • $22 SF/Yr

      Retail Space in Pikesville

      Retail space available in Slade Village, Pikesville, Maryland.
      302 Reisterstown Rd, Pikesville, MD
      View Details
    • Contact for pricing

      Turnkey Restaurant & Lounge Space

      Fully equipped restaurant and lounge space available for lease.
      1726 Reisterstown Rd, Pikesville, MD
      View Details
    • Contact for pricing

      Grocery-Anchored Retail Space Available

      Retail space for lease in Pikesville, Maryland shopping center.
      1419-1425 Reisterstown Road, Pikesville, MD
      View Details
    • Contact for pricing

      Grocery-Anchored Retail Space Available

      Retail space in grocery-anchored center with high visibility.
      1433-1439 Reisterstown Road, Pikesville, MD
      View Details
    • Contact for pricing

      Freestanding Building with Drive-Thru

      4,800 SF building with drive-thru on ~1 AC.
      1807 Reisterstown Rd, Pikesville, MD
      View Details
    • Contact for pricing

      Pikesville Office Space For Lease

      Small office space with private bath in Pikesville, MD.
      109 Old Court Rd, Pikesville, MD
      View Details
    • Contact for pricing

      Versatile Workspace Solutions Available

      Flexible office spaces, coworking, meeting rooms, and virtual office options.
      1829 Reisterstown Road, Suite 350, Pikesville, MD 21208
      View Details
    • Contact for pricing

      Prime Retail Space Available

      Up to 28,156 SF retail space for lease.
      1848 Reisterstown Rd, Pikesville, MD
      View Details

    FAQs

    What type of property is this?
    Retail space - Retail and office spaces available for lease.
    Where is this retail space located?
    The property is located at 631 Reisterstown Rd Pikesville, MD.
    What is the lease rate?
    The lease rate is $22 SF/Yr.
    What are key features of this property?
    This property features: Flexible lease terms (negotiable); Available space ranging from 1,000 to 4,000 SF; Competitive rent: **$22.50 per SF NNN or $1,900 per month per bay NNN**
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Danny Autrey
    Real Estate License ID: 5018928
    Learn More
    Request Owner's contact information
    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.
    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
    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

    Thank You for Inquiry
    631 Reisterstown Rd, Pikesville, MD 21208
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!