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    113 Westminster Pike Reisterstown, MD 21136

    Sponsored
    For Lease
    $16 SF/Yr

    Class A Medical Office Suites in Reisterstown, MD

    Lot size:
    20,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    395
    This exceptional Class A medical office building, located at 113 Westminster Pike in Reisterstown, Maryland, 21136, offers 20,000 square feet of prime space. Two suites are currently available, each ranging from 1,930 to 1,939 square feet, with a combined total of 3,869 square feet of vacant space. The building features a desirable medical office build-out, perfect for dental or medical practices. Suites include private restrooms and exam rooms equipped with sinks and cabinetry. The suites can be combined to create a larger space, ideal for practices requiring both consultation and procedure areas. This location boasts convenient access to I-795, Westminster, and Owings Mills, ensuring easy commutes for both staff and patients. Enjoy the benefit of nearby restaurants and shopping in Reisterstown and on Main Street. The property offers ample free surface parking and is managed by on-site ownership. The building is situated in Baltimore County and is easily accessible from major roadways. This is a fantastic opportunity for medical professionals seeking a well-appointed, conveniently located space.

    Property Features for 113 Westminster Pike

    General Information

    Property type
    Medical offices
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    20,000 SF
    Class
    A
    Total Rate
    26666.67

    Unit(s) available at that property

    Space
    Suite 104
    Size
    1,939 SF
    Rate per SF
    $16
    Space
    Suite 100
    Size
    1,930 SF
    Rate per SF
    $16

    HighLights

    • Condominium for sale or lease.
    • 1,930 SF medical suite available.
    • 1,939 SF former surgical center available.
    • Adjacent suites combinable for larger space.
    • $16/SF rental rate.
    • $225/SF purchase price.
    Property Profile Location Intelligence

    Current Use by Public Records

    Carroll Health Group ... Medical Clinic Edward Jones - Financial ... Financial Consultant Evenly Orthodontics Orthodontist Mr. Samuel Matz Orthopedic Surgeon Mr. Myles Brager Orthopedic Surgeon

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Reisterstown
    County
    Baltimore
    State
    Maryland
    Longitude
    -76.8340148
    Latitude
    39.4713177

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    FAQs

    What type of property is this?
    Medical office - Class A Medical Office Suites in Reisterstown, MD
    Where is this medical office located?
    The property is located at 113 Westminster Pike Reisterstown, MD.
    What is the lease rate?
    The lease rate is $16 SF/Yr.
    What are key features of this property?
    This property features: Condominium for sale or lease.; 1,930 SF medical suite available.; 1,939 SF former surgical center available.
    Request Owner's contact information
    113 Westminster Pike Reisterstown, MD 21136
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    Realmo Value Estimation

    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.

    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.

    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
    113 Westminster Pike Reisterstown, MD 21136
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