135 Slade Ave Pikesville, MD 21208
This exceptional 5,000 square foot office property, situated on a 1.54-acre lot in Pikesville, Maryland (zip code 21208), presents a unique investment opportunity. The property is currently configured as a single-tenant building, with 4,711 square feet of vacant space available for lease. The property is zoned OR-1, allowing for a variety of uses including childcare centers, eldercare facilities, medical office space, and urgent care facilities. The site offers flexibility with options for a ground lease, a build-to-suit arrangement tailored to a tenant's specifications, or leasing within a spec-built office building. The owner has conceptual plans for a 12,000 square foot spec office building, contingent upon securing an anchor tenant. This property benefits from its strategic location within the Pikesville Commercial Revitalization District (CRD) in Northwest Baltimore County, directly across from the Baltimore County Police Department and the Maryland State Police Forensic Sciences Division. The CRD is undergoing revitalization efforts, including planned traffic flow improvements and streetscape enhancements along the Reisterstown Road corridor. The existing building is adjacent to a long-term leased 5,000 square foot medical adult daycare center. This presents a compelling opportunity for businesses seeking a high-visibility location in a growing area with convenient access to major transportation routes and essential services. The property's zoning and location make it ideal for a variety of office uses, offering significant potential for growth and return on investment.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.