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    Old Ct Rd Near Reisterstown Rd Lochearn, MD 21208

    Sponsored
    For Sale
    Contact for pricing

    Prime Pikesville location, high visibility, development potential.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 1.5-acre parcel presents a rare development opportunity in the thriving Pikesville area of Baltimore County, Maryland. Situated near the intersection of Old Court Road and Reisterstown Road, this highly visible property boasts an average daily traffic count of 15,800 vehicles, ensuring maximum exposure for any development. The property's zoning permits a diverse range of uses, including the construction of an office building, a house of worship, a childcare center (subject to specific limitations), a school, or approximately eight residential housing units. Its convenient location offers easy access to major thoroughfares like I-695 and I-795, providing excellent connectivity for commuters and businesses. This land presents a unique chance to create a landmark project in a desirable and well-connected area. The property is located at Old Court Road near Reisterstown Road, Pikesville, MD 21208, with GPS coordinates 39.3820737 latitude and -76.7310218 longitude. The property is classified as both residential and commercial, offering flexibility for a variety of development plans. This is a truly exceptional opportunity for developers seeking a high-impact location with significant potential for return on investment.

    Property Features for 0 Old Ct Rd Near Reisterstown Rd

    General Information

    Property type
    Land
    Lot Size
    65,340 SF

    HighLights

    • 1.5‑acre development site in Pikesville, MD, near Old Court & Reisterstown Roads.
    • High visibility with 15,800 average daily traffic count.
    • Zoned for diverse uses including office, house of worship, childcare center (with limitations), school, or approx. 8 residential units.
    • Excellent access to I‑695 and I‑795.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Lochearn
    County
    Baltimore
    State
    Maryland
    Longitude
    -76.7310218
    Latitude
    39.3820737

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    FAQs

    What type of property is this?
    Land - Prime Pikesville location, high visibility, development potential.
    Where is this land located?
    The property is located at Old Ct Rd Near Reisterstown Rd Lochearn, MD.
    What are key features of this property?
    This property features: 1.5-acre development site in Pikesville, MD, near Old Court & Reisterstown Roads.; High visibility with 15,800 average daily traffic count.; Zoned for diverse uses including office, house of worship, childcare center (with limitations), school, or approx. 8 residential units.
    (410) 435-4004
    Request Owner's contact information
    Old Ct Rd Near Reisterstown Rd Lochearn, MD 21208
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    Lochearn, MD 21208
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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
    Old Ct Rd Near Reisterstown Rd Lochearn, MD 21208
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