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Retail Building with Large Parking
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9324 Liberty Rd, Randallstown, MD 21133

5,000 SF retail building with 20,000 SF parking lot.

Property Size5,000 SF
Days on Market338

Property Features for 9324 Liberty Rd

General Information

Standard status Active
Size 5,000 SF
Property subtype Other

Building Details

Building Size 5,000 SF
Year Built 1964
Units 1
Listing Agency: Trout Daniel & Associates
Listed By: John M. Haas · License #639923
Source: Commercialcafe
Added: Nov 25, 2025 Changed: Oct 25 Last Checked: Oct 28 at 5:15AM

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

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Investment Insights

Based on property information with market context.

This one-story, 5,000-square-foot building is located in Baltimore County on Liberty Road, also known as State Highway Route 26. The property features a loading platform at the rear and can be accessed from both Liberty Road and Burmont Avenue. A large, 20,000-square-foot parking lot is located behind the building.

Key Highlights

  • High‑traffic location on Liberty Road (State Highway Rt 26) in Baltimore County.
  • Features a large 20,000 SF parking lot.
  • Dual street access from Liberty Road and Burmont Ave.

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$39,597
Suggested Prices Based on Cap Rates
Cap Rate 5%
$791,940 $791.9K
Cap Rate 7%
$565,671 $565.7K
Cap Rate 9%
$439,967 $440.0K
Market Conditions
NOI Build-Up for 5,000 SF
Gross rent
$60.5K $12.10/SF
− Vacancy
−$3.9K −$0.79/SF
EGI
$56.6K $11.31/SF
− OpEx
−$17.0K −$3.39/SF
NOI
$39.6K $7.92/SF
Area
Baltimore County, MD
Vacancy
6.50%
Lease Rate
$12.10 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$791,940
Cap Rate 7%
$565,671
Cap Rate 9%
$439,967

Alternative Uses

Best Use
Retail
$1.01M
$884.6K – $1.18M (±1% cap)
NOI $70,769 @ 7.0% cap · market cap 7,076,900.00%
Second Best
Industrial
$565.7K
$495.0K – $660.0K (±1% cap)
NOI $39,597 @ 7.0% cap · market cap 3,959,700.00%
Theoretical Best
Multifamily LT 5
$48.51M
$42.45M – $56.59M (±1% cap)
NOI $3,395,689 @ 7.0% cap · market cap 339,568,900.00%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Retail space

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Skin Care Clinic HVAC Service Parking Lot & Garage

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

510
Businesses Nearby
38k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 62% Shops & Services 38%
McDonald's Dining
23,873 visits/mo 0.3 miles
7-Eleven Shops & Services
7,968 visits/mo 0.5 miles
Advance Auto Parts Shops & Services
3,093 visits/mo 0.5 miles
Preston Ford West Shops & Services
978 visits/mo 0.0 miles
Public Storage Shops & Services
818 visits/mo 0.2 miles

Demographics for 21133, MD

30,527
Population
12,785
Households
2.4
Avg Household Size
42
Median Age
35%
College-Educated
90%
High-School Grad
9.0 sq mi
ZIP Area
3,392
Density / Sq Mi
$84,248
Median Household Income
$46,899
Median Earnings
$1,518
Median Rent
$302,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025

Frequently Asked Questions

What type of property is this?
Retail space - 5,000 SF retail building with 20,000 SF parking lot.
Where is this retail space located?
The property is located at 9324 Liberty Rd Randallstown, MD.
What are key features of this property?
This property features: High‑traffic location on Liberty Road (State Highway Rt 26) in Baltimore County.; Features a large 20,000 SF parking lot.; Dual street access from Liberty Road and Burmont Ave.
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